Precious Metals

Gold Price Calculator

Calculate the true value of gold jewellery from its weight and purity, including making charges and GST, plus what you'd actually get back on resale.

Calculate value of gold jewellery or coins by weight and purity (karat)

Gold Rate (₹ per 10 grams)

Weight (grams)

Purity (Karat)

Making Charges (%)

GST Rate (%)

Formula: Value = (Rate ÷ 10) × Weight × Purity × (1 + Making%) × (1 + GST%)
LTCG on gold: >24 months → 12.5% (no indexation, post Jul 23 2024)

Enter gold details to calculate value

Disclaimer. This calculator is provided for educational and informational purposes only. Results are estimations and do not constitute professional financial, investment, tax, or legal advice. Consult a qualified advisor before making financial decisions. Read full disclaimer →

About Gold Price Calculator

This calculator converts gold prices between weights (gram, tola, troy ounce, kilogram) and purity levels (24 karat = 99.9% pure, 22 karat = 91.67% pure, 18 karat = 75% pure). Formula: Value of gold jewellery = Weight x Purity% x Gold price per gram. Hallmarked 22K gold is the standard for jewellery in India. 1 tola = 11.664 grams; 1 troy ounce = 31.103 grams.

Gold investment options in India: Physical gold (jewellery, coins, bars - making charges and storage risk); Sovereign Gold Bonds (SGBs - issued by RBI, 2.5% annual interest + capital appreciation, 8-year tenure, tax-free on maturity if held to term - best option for long-term holding); Gold ETFs (exchange-traded, no storage risk, brokerage and expense ratio 0.5-0.6%); Gold mutual funds (invest in Gold ETFs, SIP-friendly). Gold is taxed as per capital gains rules: held above 3 years = LTCG at 20% with indexation; below 3 years = slab rate. SGBs are exempt from capital gains tax on maturity redemption.

Frequently Asked Questions

Value = (Gold rate per 10g ÷ 10) × Weight in grams × Purity fraction × (1 + Making charge%) × (1 + GST%). Purity for 22K gold is 91.6%, for 24K it's 99.99%.

On resale, jewellers typically pay only for the pure gold content — making charges and GST already paid are not recovered. That's the 'Resale Value' figure shown separately from the full purchase price.

Gold held over 3 years is taxed as long-term capital gains at 20% with indexation benefit. Gold held under 3 years is taxed at your income slab rate as a short-term gain.

Yes. SGBs have no making charges or storage risk, pay 2.5% annual interest on top of gold price appreciation, and are exempt from capital gains tax if held to maturity (8 years).