Gold Rate Calculator — Calculate Gold Value by Weight & Purity

Gold Rate (₹ per gram, 24K) Enter today's 24K rate from a reliable source Enter a valid rate greater than 0.

Weight (grams) Enter a valid weight greater than 0.

Purity

Gold Value

—

Excludes making charges, GST, and wastage typically added by jewellers

How to Use This Tool

Look up today's 24K gold rate per gram from a reliable source (your jeweller, bank, or a financial news site).
Enter the rate, your gold's weight in grams, and select its purity (karat).
Click Calculate Value to see the base metal value of your gold.
Remember that jewellers typically add making charges, wastage, and GST on top of this base value.

How Gold Value Is Calculated

The value of a piece of gold is determined by three factors: the current market rate for pure (24K) gold, the item's weight, and its purity — since jewellery is rarely made of pure 24K gold (which is too soft for durable jewellery) and is instead alloyed with other metals.

Gold Value = 24K Rate per Gram × Purity Factor × Weight in Grams

Understanding Purity (Karat)

24K: 99.9% pure gold — too soft for everyday jewellery, mainly used for coins and bars
22K: 91.67% pure — the most common purity for gold jewellery in India
18K: 75% pure — more durable, popular for diamond-studded and Western-style jewellery
14K: 58.5% pure — very durable, more common internationally than in India

Why This Calculator Doesn't Show a Live Rate

Gold prices fluctuate throughout the trading day based on global commodity markets, currency exchange rates, and local demand — any fixed rate built into a calculator would be outdated within hours. This tool always asks for the current rate, ensuring your calculation is accurate for the very moment you're checking it.

What This Doesn't Include

Jewellers typically charge making charges (a percentage or flat fee for craftsmanship), sometimes a small wastage allowance, and GST (3% in India on gold value, plus GST on making charges) — all added on top of the base gold value this calculator computes.

Frequently Asked Questions

Why do I need to enter the gold rate myself?

Gold prices change continuously throughout each trading day based on global markets. Asking you to enter the current rate keeps this calculator accurate at any moment, rather than relying on a rate that would quickly become outdated.

Does this include making charges and GST?

No, this calculates only the base value of the gold itself based on weight and purity. Jewellers typically add making charges, wastage, and GST on top of this base value for the final billed price.

What is the most common gold purity for Indian jewellery?

22K (91.67% pure) is the most commonly used purity for traditional Indian gold jewellery, offering a balance between gold content and durability for daily wear.

This calculator is provided for general informational and estimation purposes only. Results should not be treated as professional financial, tax, legal, medical, or engineering advice. Always verify critical calculations with a qualified professional or official source before making decisions.