Calculate your gold value
Enter the weight of your gold to see its pure gold content and estimated value.
Estimate at the reference rate you entered, not a buying quote. A buyer’s quote uses their buying rate and the purity found in testing; your payout is the quote you accept, minus any loan settlement for pledged gold.
How the gold value calculator works
Net weight = total weight − stones and non-gold weight. Estimated value = net weight × (your gold’s fineness ÷ the fineness the rate is quoted for) × rate per gram.
A 24K rate is quoted for 999 gold. So at ₹10,000 a gram, 10 g of 24K is worth ₹1,00,000, and 10 g of 22K (916) about 10 × 916 ÷ 999 × 10,000 = ₹91,692. If you enter a 22K rate instead, set the rate basis to 22K so purity is not applied twice. Rates change every day, so use one published today.
Reference rate, buying quote and final payout
| Term | What it means |
|---|---|
| Reference rate | A market rate published per gram for 24K (999) or 22K (916) gold, such as the IBJA rate. This calculator uses the rate you enter. |
| Estimated value | What the calculator shows: your gold content priced at the reference rate. |
| Buying quote | What a buyer offers after testing and weighing your gold, at their buying rate for the day. It is usually below the reference rate. |
| Final payout | The quote you accept, minus the loan settlement if the gold was pledged. Paid by UPI, or in cash under ₹2 lakh. |
Gold purity by karat
| Karat | Hallmark fineness | Gold content |
|---|---|---|
| 24K | 999 | 99.9% |
| 22K | 916 | 91.6% |
| 20K | 833 | 83.3% |
| 18K | 750 | 75% |
| 14K | 585 | 58.5% |
Why a buyer’s price can differ from the calculator
- Tested purity can be lower than the marking, especially on old or unhallmarked pieces.
- Hidden stones, wax or hollow parts reduce the actual gold weight.
- Rates move during the day.
- Buyers pay a buying rate below the market rate. Ask any buyer to explain the difference.