Gold Jewellery Price Calculator
See how gold value, making charges, wastage, hallmark fee and GST add up on a jeweller’s bill, and check it yourself. Enter today’s 24 carat rate and the weight; the rest is worked out for you.
10 g of 22K jewellery (24K rate ₹12,500/g, 12% making): about ₹1,34,492 in total.
How the jewellery price is calculated
- Gold value = weight × 24K rate × purity. 22K is 91.6% pure (916), 18K is 75% (750).
- Making charges = gold value × making %. Some jewellers charge a fixed amount per gram instead.
- Wastage = gold value × wastage %, if the jeweller adds it separately.
- Add the hallmark fee, then 3% GST applies on the whole amount.
Worked example
A 10 g 22K necklace with today’s 24K rate at ₹12,500 per gram (example only). Gold value ₹1,14,500, making 12% = ₹13,740, wastage 2% = ₹2,290, hallmark ₹45, GST 3% = ₹3,917. Final price ₹1,34,492.
| Weight | 10 g |
| 24K rate (enter today's) | 12,500 ₹/g |
| Purity | 22K (916) |
| Making charges | 12 % |
| Wastage | 2 % |
| Hallmark charge | ₹45 |
| Final price | ₹1,34,492 |
| Gold value | ₹1,14,500 |
| Making | ₹13,740 |
| Wastage | ₹2,290 |
| GST 3% | ₹3,917 |
Formula
Jeweller billing practice; BIS hallmarking (HUID) is mandatory
gv = W×R24×Pu mk = gv×Mk/100 ws = gv×Ws/100 sub = gv+mk+ws+Hm Final price = sub×1.03 Gold value = gv Making = mk Wastage = ws GST 3% = sub×0.03
When you buy
- Look for the BIS hallmark and the 6-character HUID. You can verify the HUID in the BIS CARE app.
- Always ask for that day’s rate for that purity. Charging the 24K rate on 22K jewellery is wrong.
- Making charges are negotiable; compare a few shops.
- Take a proper bill showing weight, purity, rate, making and GST separately.
Questions people ask
How do I get the 22 carat rate?
22K rate = 24K rate × 0.916. If 24K is ₹12,500, 22K is about ₹11,450 per gram.
How much GST is charged on gold jewellery?
3% GST on the value of gold and jewellery (including making). If a jeweller bills only the job work separately, that service carries 5% GST.
What does 916 mean?
916 means 91.6% pure gold, called 22 carat. 750 is 18 carat, 585 is 14 carat and 999 is 24 carat.
How much is the hallmark fee?
BIS hallmarking costs about ₹45 per article plus GST. You can change it above.
Does this show today’s gold rate?
No. The rate changes every day, so take today’s rate from your jeweller or a trusted source. We never show a stale or guessed rate.
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Updated 13 Nov 2026 · Desktop N Calculator v1.2.0