Gold Rates Calculator

Gold Price Calculator for India

Instantly calculate the value of your gold jewelry or coins based on live market rates. Understand the breakdown of pure gold cost, making charges, and GST.

Gold Price Estimator

Calculate exact value based on today's live rates.

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Cost Breakdown

Gold Value (22K) ₹1,17,760.00
GST (3%) + ₹3,532.80
Total Estimate ₹1,21,292.80

Prices are indicative.

Understanding Your Gold's True Value

Whether you are planning to buy new jewelry, sell old ornaments, or apply for a gold loan, knowing the precise market value of your assets is crucial. Our Gold Rate Calculator simplifies this process by using real-time data to estimate the worth of your gold items.

Unlike simple multiplication, calculating the final price of jewelry involves understanding purity (Karats), making charges (labor cost), and applicable government taxes like GST. This tool does the heavy lifting for you, providing a transparent breakdown of costs in Indian Rupees (INR).

How to Use This Calculator

  • 1
    Enter the Weight Input the weight of your item in grams. For example, a typical gold chain might weigh between 10 to 20 grams.
  • 2
    Select Purity Choose 22K for most jewelry or 24K for gold coins and bars. 22K contains copper/silver alloys for durability, while 24K is pure gold.
  • 3
    View the Breakdown The calculator instantly computes the market value, adds estimated making charges, and applies the standard 3% GST to give you the final price.

The Math: How Gold Prices are Calculated

Jewelers in India typically use a standard formula to determine the final billing price. It's important to note that the "Gold Rate" you see in news is usually for 10 grams of pure gold, excluding extra charges.

Final Price = (Price per Gram × Weight) + Making Charges + GST (3%)

Calculation Example:

Imagine you are buying a 10-gram chain made of 22K gold.

  • Gold Rate: Assume ₹5,500 per gram.
  • Base Cost: 10g × ₹5,500 = ₹55,000.
  • Making Charges: Assume ₹500 per gram = ₹5,000.
  • Subtotal: ₹60,000.
  • GST (3%): 3% of ₹60,000 = ₹1,800.
  • Total Value: ₹61,800.

Why use this tool for Gold Loans?

If you are considering pledging your jewelry for an online gold loan, this calculator is an essential first step.

  • Check Eligibility: Know your gold's worth to estimate how much loan amount you can sanction.
  • Compare Offers: Avoid undervalued quotes from lenders by knowing the real market rate.
  • Transparent Valuation: Ensure you get the best "per gram" rate offered by banks or NBFCs.

What affects Gold Rates?

Several macroeconomic factors influence the daily price ticker:

  • Global Markets: International trading prices (Spot Gold).
  • Currency Fluctuation: The strength of the Indian Rupee vs US Dollar.
  • Import Duty: Government taxes on importing gold into India.
  • Demand: Seasonal spikes during wedding seasons or festivals like Diwali and Akshaya Tritiya.