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Gold jewellery price calculator
Check a jeweller’s bill before you pay: gold value by karat, making charges and GST, built up line by line.
How a jewellery bill is built
Price = Weight × 24K rate × karat ÷ 24, plus making charges, plus 3% GST
10 grams of 22-karat jewellery at a 24K rate of ₹13,000 a gram is about ₹1,19,167 of gold. Making charges of 12% add about ₹14,300, and 3% GST on the total brings the bill to about ₹1,37,471. The rate field is filled with today’s estimate from our gold rate page; replace it with your jeweller’s board rate.
Checks that save money
- Look for the BIS hallmark with its six-character HUID code; hallmarking is mandatory for most jewellery.
- Ask for making charges as a percentage and compare shops; they vary widely.
- Ask whether stones are weighed separately and charged at gold rates.
- Check the buy-back and exchange deduction before you buy.
Is digital gold or a gold ETF cheaper?
For investment, yes: no making charges, and ETFs have low costs. Jewellery suits wearing; as an investment, its making charges are usually lost on resale.