How much will gold jewellery cost today with making charge and GST?

This calculator helps you determine the total cost of gold jewellery, including making charges and GST.

Gold Jewellery Price Calculator

Today's Gold Price (per gram in ₹)

Grams of Gold

Making Charge (%)

GST (%)

I already own the gold (save GST on gold value)

Gold Cost: ₹0.00

Total Making Charge: ₹0.00

GST: ₹0.00

Total Cost: ₹0.00

To know how much gold you should have in your portfolio:

Steps to Use our Gold Jewellery Cost Calculator

Enter Today’s Gold Price
Input the current price of gold per gram in ₹.
Enter Grams of Gold
Input the weight of the jewellery in grams.
Enter Making Charge (%)
Input the percentage charged for making the jewellery.
Enter GST (%)
Input the applicable GST percentage.

Note: If you already own the gold as a bar or biscuit, GST is applied only the making charge.

How to Interpret the Results of our Gold Jewellery Cost Calculator

The calculator will automatically display:

Gold Cost – Cost of gold only
Total Making Charge – Cost for making the jewellery
GST – Applicable GST on total cost
Total Cost – Final amount payable

All calculations update in real-time as you change the inputs.

Which Type of Gold is Best For Jewellery?

24-carat gold, which is the purest form (99.9%) of gold, is too soft for making jewellery. Therefore, gold mixed with other other metals is better for making jewellery. 22-carat (and even 18-carat) gold is therefore popular.

Since 22-carat and 18-carat forms contain lower amount of gold as a percentage, they are therefore cheaper than 24 carat. However, all kinds of jewellery will have making charge and then GST on both the gold and the making charge. If you have already purchased the gold as a biscuit or bar, then GST applies on the making charge only.

This calculator is a part of our detailed coverage on gold. Ensure you have read the other articles here:

SGB issued in Feb 2017 has given 193% return in 8 years. How does that compare with FDs and equity mutual funds?

The Feb 2017 SGB showcased a fantastic return on maturity compared to other investment avenues like fixed deposits and some equity mutual funds.
How to track the prices of your SGB portfolio for free in Google Sheets via the Arthgyaan SGB price API?

This article walks you through setting up and tracking your SGB portfolio for free using this user-friendly and free tool.
SGB issued in Nov 2016 has given 159% return in 8 years. How does that compare with FDs and equity mutual funds?

The Nov 2016 SGB showcased a fantastic return on maturity compared to other investment avenues like fixed deposits and some equity mutual funds.
SGB issued in Sep 2016 has given 139% return in 8 years. How does that compare with FDs and equity mutual funds?

The Sep 2016 SGB showcased a fantastic return on maturity compared to other investment avenues like fixed deposits and some equity mutual funds.
Which SGB series should you buy based on the highest discount?

This article shows you how to find SGBs trading at the maximum discount in the share market for long-term investment.
SGB issued in Aug 2016 has given 122% return in 8 years. How does that compare with FDs and equity mutual funds?

The Aug 2016 SGB showcased a fantastic return on maturity compared to other investment avenues like fixed deposits and some equity mutual funds.
Budget 2024: Should you still invest in SGB after Gold import duty cut?

This article discusses the impact on investors’ psyche due to impact on Gold price due to government policy change.
Gold touched ₹75,000 per 10 gm. Should you buy gold or sell gold at this point?

This article explores the probabilities of gold price movement, both up and down, from current price levels.
SGB issued in Mar 2016 has given 126% return in 8 years. How does that compare with FDs and equity mutual funds?

The Mar 2016 SGB showcased a fantastic return on maturity compared to other investment avenues like fixed deposits and some equity mutual funds.
SGB return vs issue price: what returns do you expect to get from SGB?

This article compares the currently active SGBs vs the latest SGB issue price to see what returns are implied for investors who are already invested.
SGB issued in Feb 2016 has given 141% return in 8 years. How does that compare with FDs and equity mutual funds?

The Feb 2016 SGB showcased a fantastic return on maturity compared to other investment avenues like fixed deposits and some equity mutual funds.
Sovereign Gold Bond (SGB) 2023-24 (Series IV) is priced at 6263: Who Should Invest?

Sovereign Gold Bond (SGB) 2023-24 (Series IV): know all the details about it to decide if you should invest.
Sovereign Gold Bond (SGB) 2023-24 (Series III) priced at 6199: Who Should Invest?

Sovereign Gold Bond (SGB) 2023-24 (Series III): know all the details about it to decide if you should invest.
A complete history of gold prices in India since the 1950s

This article provides a reference list of gold prices in India every year since 1950.
How to accumulate gold for a child's wedding without buying SGB?

This article gives the solution for buying small amounts of gold over the years in case buying SGB is not an option.
The first SGB issued in Nov 2015 has given 128% return in 8 years. Is that good or bad?

The 2015 Series I SGB showcased a notable return on maturity compared to other investment avenues like fixed deposits and certain equity mutual funds.
What is the best way to accumulate gold for your child's wedding?

This article shows you how to buy gold in small amounts over years for a child’s wedding goal.
Sovereign Gold Bond (SGB) 2023-24 (Series II) priced at 5923: Who Should Invest?

Sovereign Gold Bond (SGB) 2023-24 (Series II): know all the details about it to decide if you should invest.
Sovereign Gold Bond (SGB): Which Series is Best for You?

This article explains which Sovereign Gold Bond (SGB) series should be bought from the stock market if you are planning to invest in SGB.
The Ultimate Guide to Which Type of Gold Gives the Best Returns

This article helps you choose the right type of gold for your long-term investments since all options do not give the best results.
How to buy SGB from the stock market?

This article shows you how to buy Sovereign Gold Bonds (SGB) from the stock market using your demat account.
Sovereign Gold Bond (SGB): complete issue price history in India

This article provides a complete history of SGB issue price history since 2015 to help investors track the how the issue price has moved over time.
Sovereign Gold Bond (SGB) 2023-24 (Series I) priced at 5926: Who Should Invest?

Sovereign Gold Bond (SGB) 2023-24 (Series I): know all the details about it to decide if you should invest.
What will create a higher corpus for children's marriage: buying physical gold vs SIP in stocks

The article shows you if you there is a better alternative to buying gold over time for your child’s marriage goals.
Frequently asked questions on Sovereign Gold Bonds (SGB): the complete guide

This article compiles an exhaustive list of FAQs for Sovereign Gold Bonds (SGB).
A tactical trading opportunity in gold vs. equity

A case study on tactical asset allocation: a divergence in the prices of gold and equty offers a trade. What can you do and when?
Should Indian investors invest in the permanent portfolio?

This article analyses if a permanent portfolio (equal proportion of stocks, bonds, gold and cash) works for Indian investors.
How to choose a gold mutual fund?

This article will help investors know what to look for when choosing a gold mutual fund to take exposure to gold as a part of their portfolio.
What is the best way to invest in gold?

This post answers the question of how and whether investors should include gold in their portfolios.

What's next? You can join the Arthgyaan WhatsApp community

You can stay updated on our latest content and learn about our webinars. Our community is fully private so that no one, other than the admin, can see your name or number. Also, we will not spam you.

For resident Indians 🇮🇳:

For NRIs 🇺🇸🇬🇧🇪🇺🇦🇺🇦🇪🇸🇬:

To understand how this article can help you: