Gold Price Calculator
Calculate the value of gold jewellery based on weight, purity, current market rate, GST, and making charges. Results update instantly as you type.
Jeweri — Gold Price Calculation
Calculated on:
Calculation Summary
Enter gold weight and rate above to see your calculation.
How the Gold Price Calculator Works
Our gold price calculator uses the standard industry formula used by jewellers and bullion dealers across India. Here's the step-by-step breakdown:
Step 1: Calculate Base Gold Value
For example: If 24K gold is ₹7,480/gram and you want 10g of 22K gold
(purity factor = 0.916):
Gold Value = ₹7,480 × 10 × 0.916 = ₹68,521
Step 2: Add Making Charges
At 12% making charges: ₹68,521 × 0.12 = ₹8,222
Step 3: Calculate GST
GST on Making = Making Charges × 5%
GST on Gold: ₹68,521 × 0.03 = ₹2,056
GST on Making: ₹8,222 × 0.05 = ₹411
Final Price
₹68,521 + ₹8,222 + ₹2,056 + ₹411 = ₹79,210 (effective rate: ₹7,921/gram)
Gold Purity Guide
Gold purity is measured in karats. Pure gold is 24 karats. Each karat represents 1/24th of the total composition.
| Karat | Purity % | Fineness | Common Use |
|---|---|---|---|
| 24K | 99.9% | 999 | Coins, bullion, investment |
| 22K | 91.6% | 916 | Indian gold jewellery |
| 18K | 75.0% | 750 | Diamond & gemstone jewellery |
| 14K | 58.3% | 583 | Western jewellery, rings |