Gold Rate Calculator
About gold rate calculator
A gold rate calculator is an online tool designed to estimate the current worth of your gold. By entering simple details such as the gold’s weight, purity, and the current market rate per gram, you can instantly find out how much your gold is worth. It’s a quick, reliable way to get an estimate without having to do any manual calculations.
How does the gold rate calculator work?
The calculator works on a straightforward logic. It uses the current gold rate and the purity level of your gold to determine its value. All you need to do is provide the required details, and the tool will display the approximate worth right away.
How it works:
- Enter the weight of your gold in grams.
- Choose the purity level (for example, 22K or 24K).
- Check or input the current gold rate per gram.
- The calculator will show you the estimated value in seconds.
FAQs
Scrap gold value is determined by multiplying the gold’s weight by the current market rate per gram, adjusted for purity.
Simply multiply the current gold rate per gram by the purity factor (purity ÷ 24).
Yes. You can select from 18K, 22K, or 24K depending on your gold’s purity.
Enter your gold’s weight, select the purity, and input the current rate. The calculator will instantly show your gold’s estimated value.
Yes, but remember that the calculator gives you the gold’s base value — it doesn’t include making charges or design costs.
Add 3% GST to the final gold value after calculating the base amount.
Multiply the 24K gold rate by (18 ÷ 24). For instance, if 24K gold is ₹6,000 per gram, 18K gold would be ₹4,500 per gram.
Add the wastage percentage — usually between 5% and 10% — to the total gold value. This gives you the approximate jewellery price.
You can estimate how much loan you might get based on your gold’s value, but final eligibility depends on the lender’s policies and evaluation.
Disclaimer: The calculator available on the 5paisa website is intended for informational purposes only and is designed to assist you in estimating potential investments. However, it is important to understand that this calculator should not be the sole basis for creating or implementing any investment strategy. View More..