Gold Calculator
Calculate the value of your gold based on weight and purity
💰 Enter Gold Details
📖 Complete Guide to Gold Calculation & Conversion in India
Gold is India's most beloved asset — from wedding jewellery to investment bars, understanding gold calculation is essential. Our free Gold Calculator uses today's live gold rates to instantly tell you the exact value of your gold based on weight and purity, including making charges and GST.
📊 Gold Purity & Karat Guide
| Karat | Purity | Hallmark | Use | Price vs 24K |
|---|---|---|---|---|
| 24K | 99.9% | 999 | Gold coins, bars, digital gold | 100% |
| 22K | 91.6% | 916 | Indian gold jewellery (standard) | ~91.6% |
| 18K | 75.0% | 750 | Diamond jewellery, watches | ~75% |
| 14K | 58.3% | 585 | Western jewellery, lightweight | ~58.3% |
⚖️ Gold Weight Units in India
| Unit | In Grams | Used In |
|---|---|---|
| 1 Gram | 1 g | Universal standard |
| 1 Pavan | 8 g | Kerala |
| 1 Sovereign | 8 g | Tamil Nadu, Kerala |
| 1 Tola | 11.664 g | North India, Delhi, Mumbai |
| 1 Troy Ounce | 31.103 g | International markets |
💰 Gold Investment Options in India
💡 Gold Buying Tips
- Always check BIS hallmark: Look for BIS logo + 916/750 purity mark + HUID number
- Negotiate making charges: Don't accept more than 12-15% for standard designs
- Compare today's gold rate before visiting the jeweller
- For investment, choose SGBs: 2.5% interest + gold returns + no storage risk + no capital gains at maturity
- Keep gold to 10-15% of portfolio: Diversify the rest in equity SIPs and FDs
❓ Frequently Asked Questions
Q: What is a Gold Calculator?
A: A Gold Calculator helps you find the exact market value of your gold based on weight (grams, pavan, tola, sovereign), purity (24K, 22K, 18K), and today's live gold rate. It's useful for buying/selling gold jewellery, checking gold loan eligibility, and investment planning.
Q: What is 916 gold?
A: 916 refers to 22 Karat gold with 91.6% purity. This is the standard for gold jewellery in India. The remaining 8.4% is alloy metals (copper, silver) added for durability. 916 hallmark is certified by BIS (Bureau of Indian Standards).
Q: What is the difference between 24K, 22K, and 18K gold?
A: 24K = 99.9% pure gold (softest, used for coins/bars). 22K = 91.6% pure (916, standard for Indian jewellery). 18K = 75% pure (used for diamond-studded jewellery, stronger). Price: 22K is ~91.6% of 24K price, 18K is ~75% of 24K price.
Q: How much is 1 Pavan gold?
A: 1 Pavan = 8 grams of gold (used in Kerala). If 22K gold is ₹6,200/gram, then 1 Pavan = 8 × ₹6,200 = ₹49,600. Pavan is the traditional unit of gold measurement in Kerala and parts of Tamil Nadu.
Q: What is 1 Tola gold in grams?
A: 1 Tola = 11.6638 grams. Tola is the traditional North Indian unit for gold measurement, still used by jewellers in Delhi, Mumbai, and other cities. 1 Tola of 22K gold at ₹6,200/gram = ₹72,316.
Q: What is 1 Sovereign of gold?
A: 1 Sovereign = 8 grams (same as Pavan in Kerala). In Tamil Nadu, sovereign is the primary unit. 1 Sovereign = 1 Pavan = 8 grams. Half sovereign = 4 grams.
Q: What are gold making charges?
A: Making charges are the labour/craftsmanship fee charged by jewellers on top of gold value. Typically 8-25% of gold value depending on design complexity. Plain gold chains: 8-12%, intricate designs: 15-25%. Always negotiate making charges and ask for separate billing.
Q: How is gold jewellery price calculated?
A: Gold jewellery price = (Weight × Gold Rate per gram for purity) + Making Charges + GST (3%). Example: 10g 22K at ₹6,200/g with 15% making charges = ₹62,000 + ₹9,300 (making) + ₹2,139 (GST) = ₹73,439.
Q: What is hallmark in gold?
A: Hallmark is a certification by BIS (Bureau of Indian Standards) guaranteeing gold purity. HUID (Hallmark Unique Identification) number tracks each piece. Since June 2021, hallmarking is mandatory for gold jewellery sold in India. Look for BIS logo + purity mark (916/750) + HUID number.
Q: Gold jewellery vs Gold coin — which is better for investment?
A: Gold coins are better for pure investment: no making charges, easy to sell, exact weight/purity. Gold jewellery has 8-25% making charges + 3% GST, which is a loss at resale. For investment, consider Sovereign Gold Bonds (SGBs) — they give 2.5% annual interest + gold price appreciation + no capital gains tax at maturity.
Q: How to check gold purity at home?
A: 1) Check for BIS hallmark and HUID number. 2) Use a magnet — real gold is non-magnetic. 3) Ceramic test — pure gold leaves a gold streak on unglazed ceramic. 4) Density test — gold is very dense (19.3 g/cm³). For accurate testing, visit a BIS-recognized assaying center.
Q: What is digital gold?
A: Digital gold lets you buy gold online in amounts as small as ₹1. It's stored in insured vaults and can be redeemed as physical gold or cash. Available through apps like PhonePe, Google Pay, Paytm. However, it has 3% GST, storage fees, and no guaranteed buyback rate like SGBs.
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