Gold Price and Value Calculator
Value gold by weight and price per gram, adding making charges, with tola and gram conversions.
What does the undefined do?
It values gold from the weight and price per gram, adds making charges for jewellery, and converts grams to tola.
- Inputs: the weight in grams, the price per gram and a making-charge percentage.
- Output: the total gold value, split into metal value and making charges, plus the weight in tola.
- Method: weight times price per gram, plus making charges as a percentage of the metal value.
Quick answer
Fifty grams at seventy-five per gram is 3,750 of metal, and adding five percent making charges gives about 3,938, which is about 4.29 tola.
What This Calculator Really Does
Gold is priced by weight and purity, and the trick is to keep the metal value separate from the jewellery markup. This tool multiplies the weight in grams by the price per gram to get the metal value, then adds making charges as a percentage for jewellery. It also converts grams to tola, since one tola is about 11.6638 grams and gold is commonly quoted in tola across South Asia and the Gulf. Purity is the missing piece in most estimates: 24 karat is pure, 22 karat is about 91.6 percent and 18 karat about 75 percent, so a piece sold as 22 karat should be priced on that lower pure content, not the 24 karat rate. Buy-back prices are typically below the sale price, and shops use their own live rate. Use the current rate, check the hallmark, and treat the result as an estimate before any sizeable transaction.
The formula it uses
Metal value = weight in grams x price per gram. Making charges = metal value x making percent / 100. Total = metal value + making charges. Tola = grams / 11.6638.
Worked example with real numbers
For 50 grams at 75 per gram, the metal value is 3,750. A five percent making charge adds 187.5, so the total is about 3,938, and 50 grams is about 4.29 tola.
Common mistakes to avoid
- Valuing 22 karat jewellery at the 24 karat rate, which overstates it by roughly eight percent.
- Forgetting making charges, which are a real and often large part of the price.
- Confusing the sale price with the buy-back price, which is usually lower.
Assumptions and limitations
A single price per gram is used and the karat purity is not applied automatically, so adjust the price for the purity of the piece. Buy-back spreads, taxes and shop-specific rates are excluded.
Disclaimer
This is an educational estimate, not investment advice. Gold prices move constantly, so use the current live rate and confirm purity and charges with the dealer before buying or selling.
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Frequently Asked Questions
How is the undefined calculated?
Metal value is the weight times the price per gram, making charges are a percentage of that, and the two are added while grams convert to tola. The steps panel shows each part.
What do I need to use the undefined?
The weight in grams, the current price per gram and any making-charge percentage.
What does the result from the undefined show?
The total gold value split into metal value and making charges, with the weight in tola.
How many grams are in a tola?
One tola is about 11.6638 grams. Gold is often quoted per tola in South Asia and per gram elsewhere, so convert before comparing prices.
Why is 22 karat gold worth less than 24 karat?
Because it contains less pure gold, about 91.6 percent. Jewellery is usually 22 karat for strength, so its metal value is based on the lower pure content.
Is the undefined really free?
Yes — 100 percent free, no sign-up, and everything runs in your browser.