Zakat on Gold if its Purity is Less than (12)

Question
I own gold with a purity of less than (12), is there Zakat on it?
Answer
I say, and with God's help: You do not have to consider it as gold, but rather it should be treated as merchandise; because the gold in it is outweighed and not predominant, and the criterion is always based on what is predominant. And God knows best.
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