Gold Price Calculator India 2025

Calculate gold value in INR for 24K, 22K, 18K gold. Get accurate jewelry prices with making charges, GST, and convert between grams, tola, bhori, pavan

Today's Gold Rate (22K)
5,954/g
0.1g1000g
Metric
Indian Units
%

Total Value

₹66.23 K

Including making charges & GST

Gold Value
₹59.54 K
Making Charges
₹4.76 K
GST (3%)
₹1.93 K

Gold Details

Weight10g (10 g)
Purity22 Karat (91.6% Pure)
Rate per gram5,954/g

Today's Gold Rates

PurityRate per gram
246,493.5/g
225,954/g
184,875/g
143,802.5/g

Gold Value Calculation Formulas

Understand the mathematical formulas used to calculate gold jewelry value in India, including purity factors, making charges, and GST.

1

Gold Value Calculation

Calculate the base gold value based on weight, current market rate, and purity factor.

Gold Value = Weight (grams) × Gold Rate (₹/gram) × Purity Factor

Example:

For 10 g (10g) of 22 gold at ₹6,500 per gram

10 × 6,500 × 0.916
= ₹59,540

Variables:

Weight - Weight of gold in grams (converted from any unit)10grams
Gold Rate - Current market rate per gram for 24K gold6,500₹/gram
Purity Factor - Based on karat: 24K=0.999, 22K=0.916, 18K=0.750, 14K=0.5850.916
2

Making Charges Calculation

Calculate making charges which cover craftsmanship, design, and labor costs. Can be percentage-based or per-gram.

Making Charges = Gold Value × Making Charges %

Example:

With 8% making charges

59,540 × (8/100)
= ₹4,763.2

Variables:

Gold Value - Calculated gold value from step 159,540
Making Charges Rate - Percentage of gold value8%
3

GST Calculation (3%)

GST is calculated on the sum of gold value and making charges at 3% rate as per Indian tax laws.

GST = (Gold Value + Making Charges) × 3%

Example:

GST on total before-tax amount

(59,540 + 4,763.2) × 0.03
= ₹1,929.1

Variables:

Gold Value - Calculated gold value59,540
Making Charges - Calculated making charges4,763.2
GST Rate - Goods and Services Tax rate for gold3%
4

Total Jewelry Value

The final amount you'll pay for the gold jewelry, including all charges.

Total Value = Gold Value + Making Charges + GST

Example:

Final amount payable

59,540 + 4,763.2 + 1,929.1
= ₹66,232.3

Variables:

Gold Value - Base gold value59,540
Making Charges - Craftsmanship charges4,763.2
GST (3%) - Goods and Services Tax1,929.1

These formulas provide the mathematical foundation for the calculations. Actual results may vary based on rounding, compounding frequency, and specific lender policies.

What is Gold Price Calculator?

Gold Price Calculator helps you calculate the exact value of gold jewelry or gold in INR (Indian Rupees) based on weight, purity (24K, 22K, 18K, 14K), making charges, and GST. Whether you're buying jewelry, selling gold, or just checking today's gold value, our calculator gives you accurate pricing instantly.

The calculator supports multiple weight units including grams, milligrams, tola, bhori, pavan (pown), and anna - making it perfect for Indian gold buyers. You can calculate gold prices with making charges as a percentage or per-gram, and see the complete breakdown including GST (3% on gold in India).

Who Should Use This Calculator

  • Jewelry buyers - Verify jeweler's quoted price before purchase
  • Gold sellers - Estimate selling price when liquidating gold
  • Gold loan applicants - Calculate maximum loan amount based on gold value
  • Investors - Track gold portfolio value across different purities
  • Traditional unit users - Convert tola, bhori, pavan prices to current rates

Important Considerations

  • Gold rates fluctuate daily - always verify current rate before transactions
  • Making charges vary significantly by jeweler and design complexity
  • Buyback prices are typically 2-5% lower than current purchase rates
  • GST and making charges are NOT refunded when selling back gold

Note: This calculator provides estimated values. Always get BIS hallmarked jewelry and itemized bills showing weight, purity, rate, making charges, and GST separately.

Tips & Hidden Charges to Watch Out For

Smart Buying Tips

  • Always ask for BIS hallmarked jewelry (mandatory in India)
  • Compare making charges across 3-4 jewelers before buying
  • Buy during festival offers when making charges are waived
  • Get itemized bill with weight, purity, rate mentioned separately
  • For investment, consider gold ETFs (no making charges or GST)

Hidden Charges

  • Wastage charges (3-10%) added on top of making charges
  • Stone/Diamond charges calculated separately at premium rates
  • GST 3% on BOTH gold value AND making charges
  • Lower buyback rates (2-5% below spot) when selling
  • Brand premium for designer/branded jewelry (10-30% extra)