Calculator
Estimate the total cost of any gold purchase — including purity, making charges, and GST.
Purity
Unit
Total Price
₹1,00,459
10.000g of 22K gold
Base Value
₹87,083
At ₹8,708/g
Making + GST
₹13,376
Making ₹10,450 + GST ₹2,926
Gold rates shown are approximate and updated monthly. Check current rates on GoodReturns.in or your local jeweller before purchasing.
Total Price
₹1,00,459
As of mid-2026, 24K gold trades around ₹9,500 per gram in major Indian cities, with daily fluctuations of ₹50–₹150 based on global spot price, USD/INR, and import duty. Rates also vary slightly between cities depending on local making charges and local taxes. Always confirm with your jeweller before purchase.
Final price = (Purity rate × Weight in grams) + Making charges + GST. Making charges typically range 8%–25% of base value depending on craftsmanship; intricate work and lightweight pieces carry higher percentages. GST is 3% on the total of base + making.
GST on gold is 3% on the value of gold plus 5% on making charges (some jewellers club it as 3% on the total, depending on invoice format). Hallmarking charges (₹45 per piece) attract 18% GST.
One tola = 11.664 grams. The tola was the traditional Indian unit and is still used by many older jewellers, especially in northern and western India.
24K is 99.9% pure gold — soft and not suitable for jewellery. 22K is 91.6% gold (916 hallmark) — the standard for Indian jewellery. 18K is 75% gold (750 hallmark) — sturdier, popular for diamond settings and lightweight modern designs.
Indian jewellers price gold in three layers — purity-adjusted weight × current 24K rate gives you the base value, then making charges (8%–25% of base) cover craftsmanship, and finally 3% GST applies on the sum. This calculator walks through each step so you can see exactly where your money goes.
24K is 99.9% pure but too soft for jewellery — 22K (91.6%) is the hallmark Indian standard, while 18K (75%) is favoured for diamond settings. Use grams for reference, tola if your jeweller quotes traditionally (1 tola = 11.664 g), or ounces for international comparison.
Disclaimer: This calculator uses an indicative ₹9,500/g rate for 24K gold. Live rates change daily based on global price, USD/INR, and import duty — confirm with your jeweller before transacting.
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