Karat, when used with gold, is a unit of purity-- 24-karat gold is pure gold, but usually you mix gold with a metal like copper or silver to make jewelry (because pure gold is too soft). Each karat indicates 1/24th of the whole. So if a piece of jewelry is made of metal that is 18 parts gold and 6 parts copper, that is 18-karat gold.
I hope this helps you!
xo, Leafling