Gold Rate Calculator
Enter weight, karat, making charges and GST to estimate the final jewellery price. Works for 22K, 24K and 18K gold.
Total Bill (incl. GST)
₹1,01,443
10g of 22K gold @ ₹8794/g
Gold Value
₹87,936
Making Charge
₹10,552
GST (3%)
₹2,955
Per Gram (final)
₹10,144
Resale value (gold only, no making/GST)
₹87,936 — what you would get if you sold this piece today at melt value. You always lose making charges and GST on resale.
How the calculator works
Gold jewellery price in India is built up in four steps. First, the 24K rate per gram is multiplied by the purity factor of your karat (0.916 for 22K, 0.75 for 18K, 0.999 for 24K). Second, this gives the per-gram value of your jewellery's gold content, multiplied by weight to get the base gold value. Third, the jeweller adds a making charge — typically 1-3% for coins, 8-15% for plain jewellery and 15-30% for designer or bridal pieces. Finally, 3% GST is applied on the gold value plus making charges to arrive at the final bill.
See today's 24K reference rate on the national gold rates page or your city-specific rate at Mumbai, Delhi or Chennai. For deeper guides on making charges and karat differences, read Gold making charges explained and 18K vs 22K vs 24K gold comparison.
Disclaimer: This calculator is for educational purposes only. Actual jeweller bills may include wastage charges, dealer margins and regional taxes not modelled here.
Frequently Asked Questions
How is gold price calculated for jewellery in India?+
Final price = (gold rate per gram × weight × purity factor) + making charges + 3% GST. Purity factor is 0.916 for 22K and 0.75 for 18K relative to 24K rate.
What are typical making charges in India?+
1-3% for gold coins, 8-15% for plain jewellery, 15-25% for designer pieces and 18-30% for studded or bridal jewellery. Always negotiate and compare across stores.
Is GST 3% applicable on all gold purchases?+
Yes — 3% GST applies on gold jewellery, coins and bars. Sovereign Gold Bonds and Gold ETFs are GST-exempt.
Why does my actual jeweller bill differ from this calculator?+
Jewellers may quote different rates per gram, apply wastage on top of making charges, or use different karat purity. Always demand an itemised bill showing gold rate, weight, making %, wastage % and GST separately.