Gold Price Per Gram — Convert Grams to Value in Any Karat
Calculate gold value per gram for 24K 22K 18K and 14K gold. Convert between different weights and purities to find the melt value of your gold.
Gold prices fluctuate daily based on international markets with Indian prices additionally affected by import duties (currently 6%) and GST (3%). The price per gram varies significantly by purity: 24K gold (99.9% pure) commands the highest price while 22K (91.67%) 18K (75%) and 14K (58.3%) are proportionally lower. Understanding these differences prevents overpaying at jewelry stores and helps you sell at fair value.
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Key Information
| Parameter | Details |
|---|---|
| 24K Gold (per gram) | Rs 7500 - Rs 8500 (varies daily) |
| 22K Gold (per gram) | Rs 6900 - Rs 7800 (varies daily) |
| 18K Gold (per gram) | Rs 5600 - Rs 6400 (varies daily) |
| Making Charges | 8% - 25% of gold value |
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Use Calculator NowFrequently Asked Questions
How to calculate the value of gold jewelry?
Gold value = Weight (grams) x Purity factor x Current rate per gram. For a 15 gram 22K necklace: 15 x 0.9167 x Rs 7500 = Rs 1.03 lakh melt value. The buy price at a jeweler includes 8-25% making charges and 3% GST so the retail price would be approximately Rs 1.20-1.35 lakh. When selling you typically get 95-98% of melt value minus any deductions for stones or impurities.
Is 22K or 24K gold a better buy?
For jewelry: 22K is standard because 24K is too soft for daily wear. For investment: 24K gold bars or coins have higher purity and resale value. Price difference: 22K costs about 8% less per gram than 24K. If buying gold purely as investment choose 24K coins from reputable sources (banks RBI) or digital gold platforms. For jewelry that you will also wear 22K is the practical choice.
How to check if gold price is fair?
Compare the quoted price per gram with the day spot price on MCX (Multi Commodity Exchange) or international gold price on Kitco. Add import duty (6%) and GST (3%) to the international price for the approximate Indian retail rate. Making charges should be clearly stated (8-25% is normal). Avoid buying gold where making charges exceed 20% for plain jewelry or 15% for chains and bangles.
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Last updated: March 2026