Gold Value Calculator India
Live Rate: ₹1,52,289/10g · 18 May 2026 20:17Calculate the exact value of any gold item using today's live MCX rate. Enter weight, karat, making charges and get a complete cost breakdown including GST — the same way jewellers calculate your invoice.
Gold Value Calculator
Today's Gold Rate Reference — 18 May 2026 20:17
| Karat | Purity | 1 Gram | 8g (Sovereign) | 10 Gram | 1 Tola |
|---|---|---|---|---|---|
| 24K | 99.9% | ₹15,228.90 | ₹1,21,831 | ₹1,52,289 | ₹1,77,627 |
| 22K | 91.6% | ₹13,959.83 | ₹1,11,679 | ₹1,39,598 | ₹1,62,825 |
| 21K | 87.5% | ₹13,325.29 | ₹1,06,602 | ₹1,33,253 | ₹1,55,423 |
| 18K | 75.0% | ₹11,421.68 | ₹91,373 | ₹1,14,217 | ₹1,33,220 |
| 14K | 58.3% | ₹8,883.53 | ₹71,068 | ₹88,835 | ₹1,03,616 |
How Gold Value is Calculated in India
The Gold Valuation Formula
The intrinsic value of any gold item is calculated using this formula:
For example, 15 grams of 22K gold at today's rate of ₹15,228.90/gram:
15 × (22÷24) × ₹15,228.90 = ₹2,09,397
Understanding the Full Invoice Price
When buying jewellery, the final price has four components:
- Metal value — weight × karat purity × rate
- Making charges — 8–25% of metal value (or ₹200–600/gram flat)
- 3% GST on the metal value
- 5% GST on making charges
Typical Making Charges by Jewellery Type
| Jewellery Type | Making Charge Range | Notes |
|---|---|---|
| Plain gold bangles | 8–12% | Machine-made |
| Gold chains | 10–15% | Hallmarked, machine |
| Necklaces / Harams | 15–25% | Mixed hand/machine |
| Kundan / Antique | 25–35% | Fully handcrafted |
| Plain gold rings | 10–18% | Cast + polished |
| Gold coins / bars | 3–6% | MMTC/BIS certified |
Gold Value Calculator — FAQ
Gold value = Weight (grams) × (Karat ÷ 24) × Rate per gram. For example, 10g of 22K gold at ₹₹15,228.90/gram = ₹1,39,598. Add 3% GST on gold value and 5% GST on making charges to get the final invoice amount.
22K gold price per gram = 24K rate × (22÷24) = 24K rate × 0.9167. Today: ₹15,228.90 × 0.9167 = ₹13,959.83 per gram.
Yes. 3% GST applies on the gold value (metal price). 5% GST applies on making charges separately. Both are mandatory and must appear on the GST invoice.
Jewellery price = Metal value + Making charges + 3% GST on metal + 5% GST on making. Making charges range from 8–25% for machine-made pieces to 25%+ for handcrafted jewellery.
For selling old gold: Value = Weight × Purity × Today's 24K rate. A jeweller will deduct for impurities and offer 97–99% of calculated value for hallmarked pieces. No GST applies when selling back gold.
1 sovereign = 8 grams of 22K gold (standard in South India). Value = 8 × ₹13,959.83 = ₹1,11,679 (metal value before making charges and GST).