Gold Rate & Jewellery Calculator
Calculate the final price of gold jewellery including making charges and GST
Jewellery Details
Typically 8-15% for gold jewellery
GST on gold jewellery is typically 3%
Price Breakdown
Results
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Est. Results
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How Gold Calculator Works
This calculator helps you estimate the total cost of gold jewellery by calculating gold value, making charges, and GST. It's essential for understanding the complete pricing structure when purchasing gold jewellery in India.
The calculation process:
- Gold Value = Gold Rate (per gram) × Weight (in grams)
- Making Charges = Gold Value × (Making Charges % / 100)
- Subtotal = Gold Value + Making Charges
- GST = Subtotal × (GST % / 100)
- Final Price = Subtotal + GST
Making charges typically range from 5-15% of gold value, while GST is usually 3% on gold jewellery in India.
Example:
Let's calculate the total cost for 20 grams of gold jewellery at ₹6,000/gram with 10% making charges and 3% GST.
Given: Gold Rate = ₹6,000/gram, Weight = 20 grams, Making Charges = 10%, GST = 3%
Step 1: Calculate Gold Value
Gold Value = ₹6,000 × 20 = ₹1,20,000
Step 2: Calculate Making Charges
Making Charges = ₹1,20,000 × 10% = ₹12,000
Step 3: Calculate Subtotal
Subtotal = ₹1,20,000 + ₹12,000 = ₹1,32,000
Step 4: Calculate GST
GST = ₹1,32,000 × 3% = ₹3,960
Step 5: Calculate Final Price
Final Price = ₹1,32,000 + ₹3,960 = ₹1,35,960
Result: The total cost of your gold jewellery is ₹1,35,960, including ₹1,20,000 gold value, ₹12,000 making charges, and ₹3,960 GST.
Use Cases
Jewellery Purchase
Calculate total cost before buying gold jewellery
Price Comparison
Compare prices across different jewellers with varying making charges
Budget Planning
Plan your jewellery purchase budget including all charges
Jewellery Business
Calculate pricing for jewellery with accurate cost breakdown
Why Use Our Gold Calculator?
Complete cost breakdown (gold value, making charges, GST)
Customizable making charges and GST rates
Visual breakdown with pie chart
Instant calculations
100% free, no registration
Mobile-friendly interface
Gold Calculator FAQs
❓What are making charges in gold jewellery?
Making charges are fees charged by jewellers for crafting the jewellery. They typically range from 5-15% of the gold value, depending on the complexity of design, craftsmanship, and jeweller. Simple designs have lower making charges, while intricate designs cost more.
❓What is the GST rate on gold jewellery in India?
GST on gold jewellery in India is typically 3% (1.5% CGST + 1.5% SGST). This is calculated on the subtotal (gold value + making charges). Some items may have different rates, so always verify with your jeweller.
❓How is gold rate determined?
Gold rates are determined by international gold prices, currency exchange rates, and local market conditions. Rates vary daily and by city. Always check current rates from your jeweller or gold rate websites before purchasing.
❓Can I negotiate making charges?
Yes, making charges are often negotiable, especially for higher-value purchases. Different jewellers may offer different rates, so it's worth comparing. However, very low making charges might indicate lower quality craftsmanship.
❓Is this calculator accurate?
This calculator provides estimates based on standard calculation methods. Actual prices may vary based on current gold rates, jeweller-specific making charges, and applicable taxes. Always verify final prices with your jeweller before purchase.