Have a fixed amount to spend? Enter your budget and this calculator works backwards through wastage, making charges and GST to show the weight of finished gold, silver or platinum you can actually take home. Already have a bill to check? Use the jewellery bill calculator.
Verify a jeweller’s bill in seconds — metal cost, wastage, making charges and GST, itemised. Pick the metal and city, enter the weight, and compare line by line with the bill you’ve been handed. Working from a budget instead? Use the gold budget calculator. Free, no sign-up, with today’s live rates.
The same tool works for every jewellery metal — switch the metal at the top of the calculator and it loads today’s live rate and the right purity options for that metal.
Prices 24K (999), 22K (916) and 18K (750) gold from the IBJA reference rate. Pick your city to apply the local premium, enter the weight, then add wastage, making charges and GST (3% on the gold value, 5% on making). It is the quickest way to check a gold chain, ring or bangle bill before you pay.
Uses the national 999 silver rate. Enter the weight and your jeweller’s wastage and making charges to see the full silver jewellery cost broken down, with GST applied the same way as gold.
Uses the national platinum rate for hallmarked platinum pieces. The breakdown — metal cost, wastage, making and GST — is identical, so you can compare a platinum quote against gold on the same basis.
22K · today’s rate · INR per gram
Gold carries a small local premium that varies by city. Select your city in the calculator above to price your jewellery exactly, or tap a city below for its full daily rate and chart.
Every jewellery bill in India stacks the same four components on top of each other. Understanding the order is what stops you from being over-charged:
These are the typical starting points the calculator pre-fills when you pick an ornament type — the same numbers, from the same source, so what you see below is exactly what the tool assumes. Replace them with the figures from your actual quote to verify a bill.
| Ornament | Typical wastage | Typical making | Guidance |
|---|---|---|---|
| Plain chain / kada | ~5% | ~8%on metal | Machine-made designs have the lowest charges — a good first negotiation benchmark. |
| Ring | ~6% | ~12%on metal | Plain bands sit at the low end; stone-set rings are billed with the stone separately. |
| Bangle | ~7% | ~12%on metal + wastage | Pairs are usually quoted per piece — confirm whether the charge applies to each. |
| Necklace / haram | ~10% | ~16%on metal + wastage | Heavier and more intricate designs push both wastage and making toward the top of the range. |
| Earrings / studs | ~8% | ~14%on metal + wastage | Small pieces carry proportionally higher making — compare the absolute ₹ figure, not just the %. |
| Antique / Temple / Kundan | ~14% | ~22%on metal + wastage | Handmade and intricate work commands the highest charges — 22% or more is common. |
| Coins & bars | Nil | Nil–2% | Sold at or near metal value — the most efficient way to buy gold by weight. |
Indicative starting points, not fixed rates — jewellers vary widely by design, brand and city. Always ask for the breakdown in writing.
Suppose you’re buying a 10 g 22K gold chain. If the 22K rate is ₹9,000/g, the metal cost is ₹90,000. With 10% wastage that’s ₹9,000, and 12% making on (metal + wastage) is ₹11,880. GST is 3% on (metal + wastage) = ₹2,970 and 5% on making = ₹594. Total: ₹1,14,444.
If the bill the jeweller hands you reads ₹1,20,000 for the same piece, the difference (₹5,500+) is unexplained — typically it’s higher wastage or making than what was verbally quoted. Asking for the breakdown line by line, with the calculator open on your phone, almost always settles it.
If you’re working the other way round — you have a fixed amount to spend and want to know how many grams it buys — use the gold budget calculator above. Enter your budget and it solves backwards through wastage, making charges and GST to show the weight of gold you can actually take home, not just the raw metal your money would buy.
At today’s national 22K rate of ₹13,008.48/g, assuming 5% wastage, 12% making charges and GST, here’s roughly what common budgets buy in finished 22K jewellery:
| Budget | Approx. 22K gold you can buy |
|---|---|
| ₹50,000.00 | 3.18 g |
| ₹1,00,000.00 | 6.37 g |
| ₹2,00,000.00 | 12.73 g |
Indicative only. Your actual grams depend on the purity, your city’s rate, the ornament’s wastage and making charges, and whether GST applies — buying 24K coins with no making charges stretches the same budget further. Use the calculator with your own figures for an exact answer.
Zakat is computed on the metal value of the gold you hold — not on the making charges or GST you paid when buying it. To get that figure, enter the weight and purity of each piece in the calculator above and read the metal-cost line: weight × purity × today’s rate. The common convention is 2.5% of the total metal value, payable once your overall holdings exceed the nisab threshold.
Rulings differ on details such as whether jewellery in regular personal use is zakatable and which nisab basis (gold or silver) applies — confirm the specifics with a qualified scholar. The calculator gives you the accurate, current valuation to base that calculation on.
A selling estimate is simpler than a buying bill: you are paid for the metal value only. Enter your piece’s weight and purity above and look at the metal-cost line — that is your ceiling. From there, most buyers deduct roughly 3–10% for melting and purity testing, and the wastage, making charges and GST from your original purchase are not recoverable.
Hallmarked pieces fetch quotes much closer to the published rate because the purity does not need re-assaying, and exchanging old gold for new at the same jeweller usually beats an outright sale — many waive the melting deduction entirely.
Final price = (weight in grams × per-gram rate for the purity) + wastage % + making charges + 3% GST on the gold value + 5% GST on making. For example, a 10 g 22K chain at ₹9,000/g with 10% wastage and 12% making comes to ₹90,000 + ₹9,000 + ₹11,880 + ₹2,970 + ₹594 = ₹1,14,444. The calculator applies this formula automatically with today's live rate.
First get the 22K rate: it is 91.6% of the 24K rate (the 916 hallmark fineness). Then apply the standard formula — weight × 22K rate, plus wastage, making charges and GST. The calculator does this automatically: pick 22K on the purity slider, choose your city, and it loads today's local 22K rate before itemising the rest of the bill.
Yes, for the metal value. Zakat is computed on the value of the gold itself — not on making charges or GST — so the calculator's metal-cost line (weight × purity × today's rate) is the figure you need. The common convention is 2.5% of that value if your total holdings exceed the nisab threshold, but rulings vary, so confirm the specifics with a qualified scholar.
Yes — look at the metal-cost line only. Resale value is weight × purity × today's rate, minus a melting and testing deduction most buyers apply (typically 3–10%). The wastage, making charges and GST you paid at purchase are not recoverable, which is why a selling estimate is always lower than what the same piece would cost to buy today.
Yes. The purity selector covers 24K (999), 22K (916) and 18K (750), and each loads the correct per-gram rate. For 24K coins and bars, set wastage and making to zero — they are normally sold at or near the metal value.
Yes — it is one calculator for all three. Switch the metal at the top between gold, silver and platinum and each loads today's live Indian rate and its hallmark purity options (24K, 22K and 18K for gold). So the same tool works as a gold jewellery calculator, a silver jewellery calculator and a platinum jewellery calculator, with the same wastage, making-charge and GST breakdown for each.
Yes. For gold, pick your city (Mumbai, Delhi, Bangalore, Chennai, Hyderabad, Kolkata, Ahmedabad, Pune, Surat, Jaipur, Coimbatore, Kochi and other major Indian cities) and the calculator applies that city's local premium on top of the IBJA national reference rate before adding wastage, making charges and GST. Silver and platinum are quoted as a single national rate, so no city selection is needed for them.
Yes. It is completely free, needs no sign-up, and runs entirely in your browser — nothing you type is sent anywhere. Open it on your phone at the counter to check a bill before you pay.
Yes — there is a separate reverse calculator for exactly this. Type how much you want to spend (say ₹1,00,000) and it tells you roughly how many grams of gold you can afford at today's rate once wastage, making charges and GST are included. It is the reverse of the bill calculator: instead of grams in and price out, you put your budget in and get grams out.
It depends on the purity, your city's rate, and how much wastage, making charges and GST the jeweller adds. As a rough guide, at a 22K rate around ₹9,000/g with ~5% wastage, ~12% making and GST, a ₹1,00,000 budget buys roughly 9 g and ₹50,000 buys roughly 4.5 g of finished jewellery. Use the "By budget" mode with your own figures for an exact number — buying 24K coins or biscuits with no making charges gets you more grams for the same money.
They vary by design and jeweller, but typical starting points are: plain chains and kadas around 5% wastage and 8% making; rings around 6% and 12%; bangles around 7% and 12%; necklaces and harams around 10% and 16%; and intricate antique, temple or kundan work 14% and 22% or higher. The calculator's ornament-type selector fills these typical values for you, and you can edit them to match your actual bill — they are guidance, not fixed rates.
Pick the purity (22K, 24K or 18K) on the slider, enter the gold weight, and tap "Use today's rate" to fill in the per-gram price for the city the page is showing. Then add the wastage percentage, making charges, and GST rates from your bill — the calculator itemises metal cost, wastage, making, and GST, and shows the total. Compare it line by line with the bill the jeweller has handed you.
Wastage is the gold that is lost while shaping the jewellery (cutting, melting, polishing). Jewellers add it as a percentage of the metal weight — typically 5–12% for machine-made designs and up to 25% for handmade or intricate pieces. It is added to the metal cost before making charges and GST are applied.
Making charges cover the jeweller's labour and design fee. They are quoted either as a flat percentage of the metal value (often "with wastage", i.e. on metal + wastage) or as a fixed amount per gram. Branded retailers tend to charge 10–20%; local jewellers vary widely. The calculator supports both bases.
GST is 3% on the gold value (metal + wastage) and 5% on the making charges. The calculator splits these out so you can see exactly how much tax is being levied on each component.
The page rate is the per-gram metal value at the standard purity. A jewellery bill adds wastage, making charges, and GST on top — these are often 15–30% of the final price. Use the calculator to estimate what your bill should look like before you walk into the showroom.
The purity selector (22K = 916, 24K = 999, 18K = 750) corresponds directly to the BIS hallmark stamps. Always cross-check the stamp on the piece against the purity you are billed for — you are entitled to the purity you pay for.
