Gold Price Calculator

24K gold is 99.9 percent pure gold with no alloying metals. It has a deep yellow color but is soft and scratches easily, so it is rarely used in everyday jewellery. 22K gold is 91.67 percent pure, alloyed with copper or silver to improve hardness. It is widely used for high-quality jewellery in South Asia and the Middle East. Because 22K contains less gold per gram, it is worth about 8.3 percent less than the same weight of 24K gold at the same market price.

One tola equals exactly 11.6638 grams. The tola is a traditional South Asian unit of weight that originated in British India and is still the standard unit for quoting gold prices in Pakistan, India, and Bangladesh. When you see a gold rate quoted "per tola" in a Pakistani newspaper or jeweller, that price covers 11.6638 grams of gold. This calculator handles the tola-to-gram conversion automatically so you can enter whichever unit your price source uses.

One troy ounce equals 31.1035 grams. The troy ounce is the international standard unit for precious metals and is used by commodity exchanges, central banks, and bullion dealers worldwide. It is slightly heavier than the common avoirdupois ounce (28.35 grams) that is used for everyday goods. When you see gold quoted in USD per troy ounce on a financial website or in a newspaper, divide that figure by 31.1035 to get the price per gram.

Jewellery costs more than its raw gold value because of making charges, which cover the labor, skill, and equipment required to craft the design. These charges vary widely depending on the complexity of the piece, the jeweller, and the region, and they can range from a few percent to over 30 percent of the gold value for intricate handmade work. There may also be VAT, sales tax, hallmarking fees, and a retail margin built into the final price. This calculator shows only the intrinsic gold value, not the full retail cost.

A making charge is the fee a jeweller adds to the raw gold cost to cover the labor and overheads of turning raw gold into a finished piece. It is separate from the gold value and is not recovered when you sell the jewellery back, because buyers typically pay only close to the gold content value. Making charges are sometimes quoted as a flat amount per gram, a percentage of the gold value, or a fixed fee per piece. Understanding the making charge helps you compare prices between jewellers and assess how much you are paying for craftsmanship versus metal.

Enter the current market price of 24K gold in the price field and choose the unit your source uses (per gram, per tola, or per troy ounce). Then select 22K from the karat dropdown. Enter your quantity and its unit. The calculator converts the price to a per-gram 24K rate, applies the 22K purity factor of 0.9167, and multiplies by your weight in grams to give the gold value. If you want to value a piece in tolas or ounces, just select the matching unit from the quantity dropdown.

Yes, this gold price calculator is completely free to use with no signup, no account, and nothing to install. All calculations run instantly in your browser. You can use it as many times as you like to check the value of different quantities and karats, or to experiment with different gold prices. There are no ads behind paywalls and no premium tiers.

Gold prices change every few minutes during trading hours as they are set by global commodity markets. Connecting a calculator to a live price feed would require a paid API subscription and a server, which would add cost and a single point of failure. By entering the price yourself, you use the most current figure from whatever source you trust, whether that is your local jeweller, a financial website, or a central bank. This also means the tool works offline and never sends any data to a server.

To estimate the gold component of your Zakat, enter the current 24K gold price per gram (or per tola), then select the karat of gold you own (usually 22K for jewellery or 24K for coins and bars). Enter the total weight of your gold holdings. The result is the current market value of that gold. Take that figure to the Zakat Calculator on this site to combine it with your other assets, check it against the Nisab threshold, and compute your total Zakat obligation. Remember that scholars differ on whether personal-use jewellery is subject to Zakat.

The arithmetic in this calculator is exact for the price and weight you enter. Accuracy depends entirely on the accuracy of the price you enter, because gold rates change constantly and vary between local and international markets. The karat purity factors used (24K = 1.0, 22K = 0.9167, 21K = 0.875, 18K = 0.75, 14K = 0.5833) are the standard industry values. The weight unit conversions (1 tola = 11.6638 g, 1 troy ounce = 31.1035 g) are the accepted international definitions. For a professional valuation or insurance purposes, consult a certified jeweller or bullion dealer.

The gram is the metric standard used worldwide for scientific and commercial weight measurement. The tola is a traditional South Asian unit equal to 11.6638 grams, still the dominant unit at Pakistani and Indian jewellers and in local gold rate publications. The troy ounce is the international precious-metals standard equal to 31.1035 grams, used by commodity exchanges and global bullion markets. All three describe the same physical quantity of metal; this calculator lets you mix and match units freely so you can work with whichever figures you have to hand.