What is Gold Price?
The Gold Price Calculator helps you determine the value of gold jewelry or bullion based on weight, purity (carat), and current market price. In India, gold is primarily sold as 22K (jewelry) and 24K (coins/bars).
22K gold is 91.67% pure gold (mixed with other metals for durability). 24K is 99.99% pure. Making charges typically range from 8-15% of gold value.
Formula
Gold Value = Weight × (24K Price × Carat/24) Making Charges = Gold Value × Making% GST = 3% on (Gold Value + Making Charges) Total = Gold Value + Making + GST
How to use this Gold Price Calculator?
1. Enter gold weight in grams. 2. Enter today's 24K gold price per gram. 3. Select carat (22K for jewelry, 24K for bars). 4. Enter making charges percentage. 5. See total price including GST.