Gold Price Calculator
Know what a piece of jewellery should cost before you pay — and what your old gold is worth.
At a glance
- Prices jewellery the way Indian jewellers bill it: metal value + wastage + making charges + stones + hallmarking + 3% GST.
- Enter the rate for 24K and the calculator works out 22K, 20K, 18K or 14K — or enter the rate for your purity directly. Silver too (999, 925).
- Making charges as a percentage, per gram or a flat amount, and weight in grams, tola, pavan (sovereign) or ounces.
- Check a quote: type the total a shop asked for, and see the making charge hidden in it.
- Value old gold for exchange from its pure-gold content at today’s rate, less the jeweller’s deduction — and what you pay after exchange.
- Remembers your rate and settings on this device. Everything is calculated in your browser.
Step by step
How to calculate the price of gold jewellery
- 1
Enter today’s rate
Type the day’s rate for 24K gold (per 10 g is how it’s usually quoted) or the rate for your purity.
- 2
Choose purity and weight
Pick 22K, 18K or another purity, and enter the weight of the piece.
- 3
Add the charges
Enter the making charges, any wastage, stones and the hallmark fee. GST is 3%.
- 4
Read the total
See the full price, the price per gram and how much the making adds.
Features
Everything you need, nothing you don’t
Every karat
24K, 22K, 20K, 18K, 14K and silver.
Full bill
Making, wastage, stones, hallmarking and GST.
Indian units
Grams, tola, pavan and ounces.
Quote checker
Find the making charge inside a total.
Old gold exchange
Fair value at today’s rate.
Price per gram
Compare shops on one number.
The formula
Price = (weight × rate for the purity) + making charges + wastage + stones + hallmarking, plus 3% GST on the total. For 10 g of 22K gold when 24K is ₹7,000 a gram: the 22K rate is 7,000 × 916 ÷ 999 = ₹6,418.42 a gram, so the gold is worth ₹64,184.18. With 12% making charges (₹7,702.10) and ₹45 hallmarking, the total before GST is ₹71,931.29, and with 3% GST ₹74,089.22.
Gold purity
Hallmarked jewellery carries the BIS mark, the purity (such as 22K916) and a six-character HUID code that you can check in the BIS CARE app.
| Karat | Fineness | Gold content | Used for |
|---|---|---|---|
| 24K | 999 | 99.9% | Coins and bars |
| 22K | 916 | 91.6% | Most Indian jewellery |
| 20K | 833 | 83.3% | Some traditional jewellery |
| 18K | 750 | 75% | Diamond and stone-set jewellery |
| 14K | 585 | 58.5% | Everyday and lightweight pieces |
FAQ
Frequently asked questions
How are making charges calculated?
What is the GST on gold jewellery?
How do I convert the 24K rate to 22K?
How much is a tola or a pavan?
How is old gold valued for exchange?
Does it show live gold rates?
Keep going
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