What does 916 gold mean?
916 refers to fineness: 916 parts of pure gold per 1,000 parts of metal, or approximately 91.6% gold purity. It is the millesimal equivalent of 22 karat (22 ÷ 24 = 0.9166…), so "916 gold" and "22K gold" describe the same alloy. The remaining 8.4% is typically copper and silver, added to make the metal hard enough for daily wear.
In Malaysia, 22K gold is almost always sold under the 916 hallmark. Malaysian jewellers publish a 916 price per gram that is updated daily, derived from the international spot price and the USD/MYR exchange rate, plus a retail margin and workmanship (upah) charges.