Calculate 24K, 22K, 18K, 14K Gold Value | Making Charges & GST
🏷️ 24K Rate: ₹7,200/g
Final Price = (Rate × Purity% × Weight) + Making + GST
📖 How to Calculate Gold Price
Gold jewelry price depends on multiple factors: base gold rate (24K per gram), purity (karat), making charges (5-25%), and GST (3%). This calculator provides a complete breakdown.
📐 Gold Price Formula
Final Price = (24K Rate × Purity% × Weight) + Making Charges + GST
📊 Gold Purity Chart
Karat
Purity %
Usage
24K
99.9%
Investment bars, coins
22K
91.67%
Indian jewelry (hallmarked)
20K
83.33%
Some jewelry
18K
75%
International jewelry
14K
58.33%
Durable daily wear
💰 Gold Weight Conversions
1 Sovereign = 8 grams (South India)
1 Tola = 11.6638 grams (North India)
1 Ounce = 31.1035 grams (International)
🔨 Making Charges Guide
Simple designs: 5-8%
Complex designs: 10-15%
Heavy bridal sets: 15-25%
Machine-made: 3-5%
Gold coins/bars: 0-2%
💡 Gold Buying Tips
✅ Always buy BIS Hallmarked gold (HUID code)
✅ Compare making charges across jewelers
✅ Check daily IBJA gold rate
✅ GST on gold jewelry is 3%
❓ FAQ
❓ 22K vs 24K gold difference? ▼
24K is 99.9% pure (soft, for investment). 22K is 91.67% pure (durable, for jewelry).
❓ What are making charges? ▼
Labor cost to craft gold into jewelry, ranging 5-25% of gold value depending on design.
❓ GST on gold jewelry? ▼
GST on gold jewelry is 3% (1.5% CGST + 1.5% SGST).
❓ What is BIS Hallmark? ▼
BIS Hallmark certifies gold purity. HUID is a 6-digit code for traceability.
❓ Sovereign, Tola, Ounce? ▼
1 Sovereign=8g, 1 Tola=11.66g, 1 Ounce=31.1g. This calculator converts automatically.