Gold jewellery price calculator, with making charges and GST

A published gold rate is the metal alone. What you actually pay adds the jeweller's making charges, then tax on top of both — which is why a counter total can sit several percent above the rate on any rate board, including this one. This calculator prices the whole build-up off live spot: weight, purity, making charge, tax, and a dealer spread if you are selling rather than buying.

What goes into the price

Metal value is weight × purity × the live rate for your market. Making charges are the jeweller's labour and design, usually quoted as a percentage of metal value, and they are set by each shop — 6% to 12% is common for machine-made pieces and can run far higher on intricate handwork. 3% GST applies in India on metal value plus making charges together. Wastage, where a shop charges it, is a further percentage on the metal; add it to the making-charge field if your quote itemises it.

Buying and selling are not the same number

Selling old jewellery back is not the reverse of buying it. A dealer buys under the rate, making charges are not refunded, and the tax you paid is gone. The calculator's sell side applies a dealer discount instead of making charges and tax, which is the shape a real buy-back quote takes. The default spread is a typical figure, not a quote — change it to whatever your dealer is actually offering.

Purity, in one line

24K is 999 fine, 99.9% gold. 22K is 916, 91.6%. 21K is 875 and 18K is 750. Each rate is an exact fraction of the 24K rate — 22/24, 21/24, 18/24 — before any making charge. Indian jewellery is overwhelmingly 22K; coins and bars are 24K. The purities offered here follow the market you have selected, because a market only quotes what its trade actually deals in.

The rate behind it

Every figure starts from the live XAU/USD spot price on the gold price board and is converted into your market's currency and unit. Indian figures carry 6% import duty and a trade premium; the derivation is published in full. For the Indian retail rate by city, see gold rate today in India. To be told when spot crosses a level, use price alerts.

What this cannot tell you

It cannot know your jeweller's making charge, their wastage convention, or the premium a particular design carries. It gives you the arithmetic and a realistic default so that you can compare a quote against something. Treat the result as a sanity check on a counter price, not as a valuation — see the risk disclaimer.