Professional Gold & Silver Calculator

Precise calculations for precious metals with real-time market data and professional analysis tools for investors and jewelers.

Today's Rates

Gold (24K)

Per 10 grams

Updated daily

Silver

Per 10 grams

Updated daily

Professional Precious Metals Calculator

Calculate the exact value of your gold and silver with precision and accuracy, including purity adjustments and making charges.

Live Price Trends

Track the historical performance of gold and silver prices in India over time.

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Professional Features

Our calculator provides industry-leading tools for precise precious metal valuation and analysis.

Precise Calculations

Get exact valuations based on weight, purity, and current market rates with professional accuracy.

  • Multiple unit conversions
  • Karat purity adjustments
  • Making charges inclusion

Market Data Analysis

Track historical price trends and analyze market performance with interactive charts.

  • Historical price data
  • Market trend visualization
  • Price movement indicators

Professional Tools

Industry-standard tools designed for jewelers, investors, and precious metal traders.

  • GST calculations included
  • Detailed breakdown reports
  • Industry reference information

Precious Metals Information

Expert guides and reference information about gold and silver investments in India.

Understanding Gold in India

Gold Purity Standards

Gold purity is measured in karats, with 24K being the purest form at 99.9% gold content. In India, 22K gold (91.6% pure) is most common for jewelry due to its durability.

Karat Gold Content Common Uses
24K 99.9% Investment, gold bars, coins
22K 91.6% Traditional Indian jewelry
18K 75.0% Designer jewelry, rings
14K 58.5% Western-style jewelry

Gold Investment in India

Gold has been the traditional investment choice in India for centuries, providing both security and cultural significance.

Key Gold Investment Forms in India:
  • Physical Gold: Jewelry, coins, and bars are the most popular and traditional forms of gold investment.
  • Gold ETFs: Exchange-traded funds that track gold prices, allowing investment without physical possession.
  • Sovereign Gold Bonds: Government-issued bonds denominated in gold grams with interest payments.
  • Digital Gold: Purchase and hold gold in digital form with services like MMTC-PAMP or SafeGold.

Silver Market Insights

Silver Properties & Uses

Silver is both a precious metal and industrial commodity, making its market dynamics different from gold. It has the highest electrical conductivity of all metals.

Silver Applications:
Electronics
Solar Panels
Medical Devices
Photography
Jewelry
Bullion

Silver Price Factors

Silver prices are influenced by both precious metal investment demand and industrial consumption factors.

Key Silver Price Drivers:
  • Industrial Demand: Unlike gold, silver is heavily used in manufacturing, affecting price dynamics.
  • Gold Ratio: The gold-to-silver ratio is an important market indicator for relative value.
  • Economic Factors: Inflation, currency strength, and interest rates impact silver prices.

Taxation & GST on Precious Metals

Understanding the tax implications of gold and silver purchases is essential for accurate valuation in India.

GST on Gold in India

Currently, a 3% GST is applicable on gold jewelry and investment products in India. This is in addition to making charges which may be subject to GST separately.

Example Calculation:

  • Gold Price: ₹50,000
  • Making Charges: ₹5,000
  • GST (3%): ₹1,650
  • Final Price: ₹56,650

Important Notes:

  • GST is applied to both gold value and making charges
  • Hallmarked gold jewelry has the same GST rate
  • Exchange of old jewelry may have different GST implications

Frequently Asked Questions

Common questions about gold and silver calculations and investments in India.

How is gold purity calculated?

Gold purity is typically measured in karats, with 24K being pure gold (99.9%). The calculation works as: (Karat / 24) × 100 = Purity percentage. For example, 22K gold has a purity of (22/24) × 100 = 91.6%.

What are making charges in gold jewelry?

Making charges represent the labor cost involved in crafting gold jewelry. These charges vary based on the complexity of design and craftsmanship. They're typically calculated as either a flat fee or a percentage of the gold value (usually 8-25% of gold value in India).

How do I convert between different weight units?

Common conversions for precious metals:

  • 1 Troy Ounce = 31.1035 grams
  • 1 Kilogram = 1,000 grams
  • 1 Tola = 11.6638 grams (traditional Indian unit)
  • 1 Gram = 0.03215 Troy Ounces

Our calculator automatically handles these conversions for you.

What tax implications should I consider?

In India, 3% GST applies to gold and silver purchases. For investment gains, gold held for over 3 years is subject to long-term capital gains tax at 20% with indexation benefits. Short-term gains (under 3 years) are taxed at your income tax slab rate.

How frequently do gold prices change?

Gold prices fluctuate constantly in international markets, but local jewelers typically update prices once or twice daily. Factors affecting prices include global economic conditions, inflation rates, currency values, interest rates, and geopolitical events.

Is silver a good investment compared to gold?

Silver is generally more volatile than gold, offering potentially higher returns but with greater risk. It has industrial uses that gold lacks, making it sensitive to economic cycles. Many investors include both metals in their portfolio, with gold for stability and silver for growth potential.

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