Gold Price Calculator
Calculate the value of your gold based on weight, purity, making charges, and GST. Use our calculator to estimate gold jewellery prices before you buy.
How the Gold Calculator Works
Enter Weight
Input the gold weight in grams
Select Purity
Choose 24K, 22K, 18K, or 14K
Add Making Charges
Enter the jeweller's making charge %
Get Total Value
See the total including GST at 3%
Gold Price Calculator
Calculate total gold value with making charges
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Example Calculation
Based on 22K gold at ₹13,896/gram • 10 grams • 12% making charges
Gold Weight Conversion Table
| Unit | Weight (g) | 24K Value (₹) |
|---|---|---|
| 1 Gram | 1 | ₹15,170 |
| 1 Tola (11.66g) | 11.66 | ₹1,76,882 |
| 1 Troy Ounce (31.1g) | 31.1 | ₹4,71,787 |
| 10 Grams | 10 | ₹1,51,700 |
| 100 Grams | 100 | ₹15,17,000 |
| 1 Kilogram | 1000 | ₹1,51,70,000 |
* Based on indicative 24K gold rate of ₹15,170/gram
Gold Purity Comparison
| Purity | Gold % | Rate/Gram (₹) | 10g Value (₹) |
|---|---|---|---|
| 24K | 99.9% | ₹15,170 | ₹1,51,700 |
| 22K | 91.6% | ₹13,896 | ₹1,38,957 |
| 18K | 75.0% | ₹11,378 | ₹1,13,775 |
| 14K | 58.3% | ₹8,844 | ₹88,441 |
Understanding Gold Price Calculation
Making Charges
Making charges are the craftsmanship and labour costs added by jewellers to the gold price. These charges vary based on the design complexity and the jeweller:
- Gold coins and bars: 0–3% making charges
- Simple jewellery (chains, plain bangles): 8–12%
- Medium designs (rings, earrings): 12–18%
- Intricate designs (necklaces, antique work): 18–25%
GST on Gold
In India, gold purchases attract a Goods and Services Tax (GST) of 3% on the total value including making charges. This is applicable on gold jewellery, coins, and bars. The GST is calculated as:
GST = (Gold Value + Making Charges) × 3%
Gold Price Formula
The total gold price is calculated using the formula:
Total Price = (Weight × Rate per Gram × Purity Factor) + Making Charges + GST
For example, for 10 grams of 22K gold at ₹15,170/gram with 12% making charges, the calculation would be:
- Gold value: 10 × ₹15,170 = ₹1,51,700
- Making charges (12%): ₹18,204
- Subtotal: ₹1,69,904
- GST (3%): ₹5,097