What is an Online Gold Calculator?
An Online Gold Calculator is a digital tool designed to help users calculate the value of gold based on weight, purity, and current market rates. It accommodates measurements in grams, tolas, or other standard units. The calculator supports purity values in 8 karat, 9 karat, 10 karat, 12 karat, 14 karat, 15 karat, 16 karat, 18 karat, 19 karat, 21 karat, 22 karat, 23 karat, and 24 karat, helping you determine gold's exact worth for different purposes.
Why You Should Use an Online Gold Calculator
Gold prices vary daily, depending on market trends, and an online gold calculator simplifies the process by applying real-time price updates. All you need to do is input the weight and purity of gold, which ensures precise calculations. Various tools like gold weight calculators, coin or bar valuation calculators, and gold savings trackers make the task effortless, reliable, and free from manual errors.
Gold Purity Guide
Gold purity is represented in karats (K), with 24 karats being the purest form of gold. The worth of gold is linked directly to how pure it is. Here's a quick summary of the karat guide:
- 8 Karat: 33.3% pure gold
- 9 Karat: 37.5% pure gold
- 10 Karat: 41.7% pure gold
- 12 Karat: 50% pure gold
- 14 Karat: 58.3% pure gold
- 15 Karat: 62.5% pure gold
- 16 Karat: 66.7% pure gold
- 18 Karat: 75% pure gold
- 19 Karat: 79.2% pure gold
- 21 Karat: 87.5% pure gold
- 22 Karat: 91.6% pure gold
- 23 Karat: 95.8% pure gold
- 24 Karat: 99.9% pure gold
Popular Types of Gold Calculators
- Gold Weight Calculator: Calculate the weight of gold accurately, whether it's measured in grams, kilograms, or tolas, ensuring error-free transactions.
- Gold Coin/Bar Calculator: Determine the value of gold coins or bars based on their weight and purity in karats.
- Gold Savings Calculator: Estimate the potential value of your gold savings, factoring in market rates and purity levels.
- Gold Loan EMI Calculator: Compute your EMI when taking a loan against gold.
- Gold Scrap Value Calculator: Calculate the scrap value of old gold items.
- Gold GST Calculator: Quickly calculate the GST applicable on your gold purchases or sales.
- Gold Investment Return Calculator: Predict the potential returns on your gold investments.
Gold Price Trends by State in India
| State |
Gold Rate (₹/Gram) |
Purity (Karat) |
GST (%) |
| Andhra Pradesh |
5,750 |
22 Karat |
3 |
| Maharashtra |
5,800 |
24 Karat |
3 |
| Tamil Nadu |
5,720 |
22 Karat |
3 |
| Karnataka |
5,740 |
18 Karat |
3 |
| Gujarat |
5,760 |
21 Karat |
3 |
| West Bengal |
5,770 |
23 Karat |
3 |
| Rajasthan |
5,800 |
24 Karat |
3 |
| Uttar Pradesh |
5,750 |
22 Karat |
3 |
| Kerala |
5,730 |
16 Karat |
3 |
Key Factors Influencing Gold Prices
Before diving into calculations, it's important to know the elements that affect the cost of gold jewelry:
- Gold Rate per Gram: The market price of gold per gram, which fluctuates daily.
- Gold Purity (Karat): Jewelry is typically made of 22 Karat (91.6% purity) or 18 Karat (75% purity) gold.
- Weight of the Jewelry: Measured in grams or tolas (1 tola = 11.66 grams).
- Making Charges: Labor costs for crafting the jewelry.
- GST (Goods and Services Tax): A tax of 3% on the total price.