Calculate the exact value of your gold jewellery, coins, or bars based on today's live rate, purity, and weight.
Quick reference: gold prices for common weights at today's rate of ₹1,54,765 per 10g (24K), before making charges and GST.
| Weight | 24K (999) | 22K (916) | 18K (750) | 14K (585) |
|---|
Using this gold calculator is straightforward. Enter the current gold rate per 10 grams in the first field — by default it shows today's indicative 24K rate, but you can overwrite it with your jeweller's quoted price. Then enter the weight of the gold you are calculating for, and select the unit: grams, tola (used traditionally in North India), troy ounce (for international reference), or kilograms for large quantities.
Next, select the purity of the gold. Most Indian jewellery is 22 karat (916 purity), while investment bars and coins are typically 24 karat (999 purity). 18 karat (750) is popular in studded and designer jewellery. If you know the exact purity percentage, select “Custom Purity” and enter it directly.
If you want a complete retail price estimate, enter the making charges your jeweller has quoted — either as a flat rupee amount, a per-gram rate, or a percentage of the gold value. Toggle on GST to automatically add 3% GST on the gold metal value and 5% GST on the making charges, as required under Indian tax law.
The calculator breaks down the total into four components. The metal value is simply the weight of pure gold (weight multiplied by purity percentage) multiplied by the spot rate. GST on gold at 3% is applied to this metal value. Making charges are the jeweller's fee for crafting the ornament, which can range from ₹200 per gram for plain machine-made pieces to ₹1,500 or more for intricate handmade jewellery. GST on making charges at 5% is applied separately on top of whatever making charges are levied.
When you sell gold back to a jeweller, making charges are not recoverable — you will receive only the current metal value, less a spread of 3–7% for the melting and refining process. This is why coins and bars — which carry lower making charges — are better for pure investment purposes than ornamental jewellery.
A tola is a traditional Indian unit of weight for precious metals, equal to exactly 11.664 grams. It was the standard unit used in Indian bullion markets before the metric system became predominant, and it remains widely used in North India, Pakistan, and among older jewellers across the country. One tola of 24K gold at today's rate of ₹1,54,765 per 10g would be worth approximately ₹1,80,496.
Since June 2021, BIS hallmarking is mandatory for 14K, 18K, and 22K gold jewellery sold in India. A hallmarked piece carries a six-digit HUID (Hallmark Unique Identification) number that verifies its purity independently. When you use this calculator for hallmarked jewellery, you can be confident that the purity figure you enter matches what has been certified. For non-hallmarked gold — old jewellery or purchases from small unorganised traders — the actual purity may be lower than stated, which means the actual metal value would be less than this calculator shows.
Always verify the HUID of any gold jewellery purchase using the BIS Care app before finalising a transaction. If a jeweller cannot provide a HUID, treat the stated purity with caution and factor in a potential downward adjustment when calculating value.