Gold Price Calculator — Calculate Gold Jewelry Value Instantly
Calculate the value of your gold jewelry based on weight purity and current gold rates. Convert between 24K 22K 18K and 14K gold prices.
Gold holds a special place in Indian culture and represents one of the most popular investment assets across India USA UK and Canada. Whether you are buying gold jewelry selling old gold or investing in gold bars knowing the exact value based on weight and purity is essential. Our calculator converts between different karats and shows the melt value based on current international gold prices.
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Key Information
| Parameter | Details |
|---|---|
| 24K Gold Price (India) | Rs 7500-8000 per gram (varies daily) |
| 22K Gold Price (India) | Rs 6900-7400 per gram (varies daily) |
| Gold Purity 24K | 99.9% pure gold |
| Gold Purity 22K | 91.67% pure gold |
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Use Calculator NowFrequently Asked Questions
How to calculate gold jewelry value?
Gold jewelry value = Weight in grams x Purity percentage x Current gold rate per gram. For example a 10 gram 22K gold chain: 10 x 0.9167 x Rs 7500 = Rs 68753 melt value. The actual selling price may be lower due to making charges deduction and the buying price higher due to making charges addition typically 8-25% of gold value.
Is 22K or 24K gold better for jewelry?
22K gold (91.67% pure) is the standard for jewelry in India as it is hard enough to hold shapes and withstand daily wear. 24K gold (99.9% pure) is too soft for jewelry and bends easily but is preferred for investment in the form of coins and bars. For ornamental use 22K offers the best balance of purity and durability.
Should I invest in physical gold or gold ETFs?
Physical gold has storage security and making charge concerns. Gold ETFs track gold prices with no storage hassle and can be bought in small amounts from Rs 500. Sovereign Gold Bonds (SGBs) offer gold price returns plus 2.5% annual interest and are tax-free on maturity. For pure investment purposes SGBs and ETFs are superior to physical gold.
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Last updated: 24 March 2026