Gold Price Calculator
Gold Value Calculator
Calculate the value of gold based on weight, purity, and current price
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Jewelry Cost Calculator
Calculate total cost of gold jewelry including making charges and GST
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Formula
Gold Value = Weight (g) × Price per gram × (Karat / 24)
Frequently Asked Questions
What is the difference between 24K, 22K, and 18K gold?
24K gold is 99.9% pure gold (too soft for jewelry). 22K is 91.6% gold mixed with other metals (standard for Indian jewelry). 18K is 75% gold (common in Western jewelry and watches). Lower karat means more alloy and greater durability.
What is a tola?
A tola is a traditional Indian unit of weight for gold, equal to 11.6638 grams. Gold prices in India are often quoted per 10 grams or per tola. One tola was historically the weight of a silver rupee coin.
What is GST on gold in India?
GST on gold in India is 3% on the value of gold. Making charges on jewelry attract 5% GST. So when buying gold jewelry, you pay 3% GST on gold value plus 5% GST on making charges.
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