Gold Valuation Calculator – Gold Rate & Value Calculator
Calculate the true value of gold based on weight, carat purity grade (24K, 22K, 18K), hallmark making charges, and live benchmark prices in India.
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Gold Purity Carat Slabs & Metal Valuations
Gold purity is measured in carats, with 24K representing 99.9% pure gold. However, pure gold is too soft for jewelry, so it is alloyed with copper or silver to form 22K (91.6% pure) or 18K (75% pure) alloys.
When buying gold jewelry, remember that making charges, GST (3% on value), and hallmark certifications are added on top of the base metal price.
Frequently Asked Questions (FAQ)
1. What is KDM or Hallmarked gold?
Hallmark certifies the exact purity content of gold jewelry. KDM is an older method of soldering gold using cadmium, which has now been replaced by zinc solder for safety reasons.
2. How is the value of 22K gold calculated?
Value = Weight (grams) x (24K Gold Rate / 10) x (22 / 24).