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Gold Price Calculator India

Calculate the value of gold with making charges and GST in Indian Rupees

Gold Details

About Gold Pricing in India

Gold prices in India are influenced by international gold rates, the USD-INR exchange rate, import duties, and local demand. India is one of the largest consumers of gold, with demand peaking during festivals like Diwali, Akshaya Tritiya, and the wedding season. Gold is not just an investment in India but holds deep cultural and religious significance.

Understanding Gold Purity

Gold purity is measured in karats. 24K is the purest form at 99.9%, but it is too soft for jewellery. 22K gold (91.6% pure) is the most popular for Indian jewellery, offering a good balance of purity and durability. 18K and 14K gold contain more alloy metals and are used for stone-studded and western-style jewellery.

Gold as an Investment

Frequently Asked Questions

What is the difference between 24K and 22K gold?
24K gold is 99.9% pure gold, softer and not ideal for jewellery. 22K gold is 91.6% pure, mixed with other metals for durability, making it the most popular choice for Indian jewellery.
What are making charges for gold jewellery?
Making charges cover the cost of crafting gold into jewellery. They typically range from 8-25% of gold value depending on design complexity, brand, and whether it is machine-made or handcrafted.
Is GST applicable on gold in India?
Yes, 3% GST is applicable on the total value of gold (metal + making charges) in India. Additionally, customs duty applies on imported gold.