CalcInfinityCalcInfinity

Gold Price Calculator

Work out gold and jewellery value by weight and rate, including making charges and GST.

Purity fineness. Making charges. True jewellery value. ∞

Jewellery Valuation Workstation

Calculate total jewellery invoice or determine purchasable gold grams from your budget.

BIS Certified Standards
Gold rate entered by you for 22K (91.6% Pure):Jewellers publish market rates independently for each purity. Please enter today's local rate quoted by your jeweler.
for 22K
in metric grams
grams
Common Indian Weight Standards:
% of gold
% on subtotal
ESTIMATED JEWELLERY INVOICE22K (916)
Total Final Payable Amount

₹67,980.00

For 10 grams of 22K (91.6% Pure) jewellery

Net Gold Value

₹60,000.00

10g @ ₹6,000.00
Effective Rate

₹6,798.00

per gram (all-in)

Itemized Jewellery Bill Breakdown

1. Pure Gold Value (10g @ ₹6,000.00/gram):₹60,000.00
2. Making Charges (10% of gold value):+ ₹6,000.00
Subtotal (Gold + Making Charges):₹66,000.00
3. GST Tax (3% on subtotal):+ ₹1,980.00
Final Total Payable:₹67,980.00
*Quotation reflects your entered rate. Always verify hallmarked stamps on actual jewellery.

Worked Example — 10g of 22K (916) Gold Jewellery at ₹6,000/gram with 10% Making Charges

₹67,980.00
Gold Value: 10g × ₹6,000 = ₹60,000+Making (10%): ₹6,000+GST (3% on ₹66k): ₹1,980

Final invoice payable: ₹60,000 (Gold) + ₹6,000 (Making) + ₹1,980 (GST) = ₹67,980.00.

Common Mistakes to Avoid

  • 22K gold rate is not simply 24K rate × 0.916 — enter the rate your jeweller actually quoted. 24K and 22K gold rates are published independently by bullion associations and local jewellers, not derived through a fixed mathematical fraction. Always enter the specific market rate quoted for your purity rather than manually calculating one from 24K.
  • GST is charged on gold value plus making charges combined, not gold value alone. Under Indian GST tax rules, the 3% precious metals tax applies to the combined subtotal of pure gold value and manufacturing/making charges. Calculating GST on the raw gold alone understates the final payable bill.
  • Check whether making charges are quoted as a percentage or a flat ₹/gram fee. Jewellers quote making charges either as a percentage of the gold's base value (typically 8% to 25%) or as a fixed rupee fee per gram (e.g. ₹250 to ₹600/g). Ensure you select the matching calculation mode.
  • Carat purity indicates gold fineness, not physical weight. Carat (or Karat) measures the proportion of pure gold in an alloy out of 24 parts (24K = 99.9%, 22K = 91.6%, 18K = 75.0%). Weight is measured in metric grams, sovereigns (8g), or tolas (11.66g).

References

  • Standard Indian jewellery billing convention — GST charged on gold value + making charges combined
  • Bureau of Indian Standards (BIS) hallmark purity guidelines (999, 916, 750, 585)

Last reviewed September 2026

Understanding Gold Jewellery Valuation & Invoicing

Gold jewellery purchases involve more than the raw precious metal. Knowing how weight, purity hallmarks, making charges, and GST combine protects your investment.

COMMON JEWELLERY & BULLION EXAMPLES

WHY CALCULATE BEFORE BUYING?

  • Itemizes complete jewellery invoices: Gold Value + Making Charges + 3% GST
  • Supports BIS Hallmarked purities: 24K (999), 22K (916), 18K (750), 14K (585)
  • Calculates making charges as either percentage (%) or flat rupee fee per gram
  • Features traditional Indian weight units: Sovereigns (8g), Tolas (11.66g), and Bhoris (10g)
  • Includes Buy with Budget mode to determine purchasable gold grams for your cash
  • 100% private, instant client-side calculations with zero tracking

MORE SHOPPING & VALUE TOOLS

Grocery Calculator
Discount Calculator
Which Is Cheaper?
Unit Converter
Explore All Everyday Calculators

Frequently Asked Questions

Gold jewellery billing follows three sequential steps: first, multiply your jewellery weight in grams by the prevailing gold rate for your purity to find the base gold value. Second, add making charges (quoted either as a percentage or flat fee per gram) to find the subtotal. Third, apply 3% GST on that combined subtotal to arrive at the final payable invoice amount.

Was this calculator helpful?
Can't find a calculator you need?