Gold Jewellery Price Calculator
Calculate jewellery price, making charges, wastage, and GST instantly with transparent billing. No guesswork — just clear, honest pricing.
This calculator works out the real price of gold jewellery, which is never just the metal value. It combines the rate for your purity with the weight, then adds making charges and GST — the components that explain why a bill exceeds the gold rate multiplied by grams.
Enter Gold Rate (₹/gram)
These are reference prices — enter the rate your jeweller is quoting, not live market data
Rates are ₹ per gram. Enter the rate your jeweller is quoting — this tool does not fetch live gold prices.
Jewellery Details
Enter weight and making charge information
Typical making charges: 8–15% for machine-made, 15–25% for handcrafted jewellery.
Optional Charges
Toggle to include wastage and GST in the bill
Your price appears here
Select a karat and enter the jewellery weight above to see a full transparent price breakdown instantly.
How Gold Jewellery Pricing Works
Every jewellery bill has four components. Understanding each one helps you verify the invoice you receive.
Gold Value
The base cost of gold in the piece. Calculated as Weight (grams) × Gold Rate (₹/g) for the chosen karat. This is the largest component of the bill.
Making Charges
Labour cost for crafting the jewellery. Charged as a percentage of gold value (8–25%) or a flat ₹ per gram. Handcrafted pieces attract higher charges.
Wastage
Gold lost during cutting, melting, and polishing. Typically 2–8% of gold value. Some jewellers include this in making charges; others show it separately.
GST (3%)
Goods and Services Tax at 3% on the total of gold value + making + wastage. Mandated by law and must appear on all jewellery invoices in India.
Understanding Making Charges & Wastage
Making Charges by Jewellery Type
Wastage by Design Complexity
Pro Tip: Always ask for a Hallmark-certified piece
BIS Hallmarking guarantees the karat purity of your gold. A hallmarked 22K piece must contain 91.6% pure gold. Always insist on the Hallmark certificate to avoid being sold lower-purity gold at higher-purity prices.
Gold Karat Guide
Too soft for jewellery. Used for investment gold.
Most popular for Indian jewellery. Rich yellow color.
Less common. Slightly harder than 22K.
Ideal for diamond settings. Greater durability.
How to use
Enter the gold rate
Type the current rate per gram for the purity you are buying — 24K, 22K or 18K each have a different rate.
Add weight and purity
Enter the item's weight in grams and select its purity. Jewellery is rarely 24K because pure gold is too soft to hold a setting.
Set making charges
Enter making charges as a percentage or a flat per-gram amount, whichever your jeweller quotes. This is where bills differ most between shops.
Review the final price
See the metal value, making charges and GST broken out separately, which explains why the bill exceeds the gold rate multiplied by grams.
At a glance
- Components
- Metal value, making charges and GST, broken out separately
- Purity
- 24K, 22K and 18K each carry a different rate per gram
- Why jewellery is not 24K
- Pure gold is too soft to hold a setting, so it is alloyed for durability
- Making charges
- Quoted either as a percentage or a flat per-gram amount — this is where bills differ most between jewellers
- Rates
- Gold rates and GST are entered by you, since they change daily and by location
Sources & references
- Bureau of Indian Standards — Hallmarking — Hallmarking rules and what the purity mark on jewellery certifies
- GST Portal, Government of India — GST applicable to gold and to making charges
Frequently asked questions
Common questions about how jewellery pricing works, what making charges mean, and how to verify your jeweller's bill.
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