Gold Ring Value Calculator ‣ AiCalculator.in

Gold Ring Value Calculator

Current Gold Price (per gram)

Purity (Karat)

24K (99.9%)

22K (91.6%)

18K (75%)

14K (58.3%)

Weight (grams)

Making Charge (%)

GST (%)

Gold Value: $0

Making Charges: $0

GST: $0

Total Value: $0

What is a Gold Ring Value Calculator?

A Gold Ring Value Calculator is a digital tool that helps you estimate the current market value of your gold ring based on:

Jewellery Inflation Calculator

Gold price per gram
Purity (karat)
Weight
Making charges (craftsmanship cost)
GST/taxes

This calculator is useful for:
✔ Jewelry buyers & sellers
✔ Pawn shops & jewelers
✔ Individuals selling inherited gold
✔ Insurance valuation

Tax On Gold

Key Features of the Gold Ring Calculator

1. Real-Time Gold Price Input

Enter the current market price of gold per gram (based on 24K purity)

2. Purity Selection (Karat Options)

Supports 24K, 22K, 18K, and 14K gold
Automatically adjusts calculations based on purity

3. Weight Measurement

Accepts weight in grams (most accurate)

4. Making Charges & GST

Includes craftsmanship costs (usually 5-20%)
Calculates GST (Goods and Services Tax)

5. Detailed Breakdown

Shows gold value, making charges, GST, and total value

How to Use the Gold Ring Calculator

Step 1: Enter Gold Price

Check today’s 24K gold rate (e.g., ₹5,000/gram)

Step 2: Select Purity

24K (99.9% pure) – Highest value
22K (91.6% pure) – Common for jewellery
18K (75% pure) – Mixed with other metals
14K (58.3% pure) – Less pure, more durable

Step 3: Enter Weight

Weigh your ring (in grams)

Step 4: Add Making Charges (%)

Typically, 10-15% of the gold value

Step 5: Include GST (%)

In India, 3% GST applies to jewellery

Step 6: Click "Calculate Value"

Instantly see the gold value, making charges, GST, and the total worth

How Gold Ring Value is Calculated

1. Gold Value Calculation

Gold Value = (Gold Price per Gram) × (Weight) × (Purity Factor)

Purity Factor:
24K = 0.999
22K = 0.916
18K = 0.75
14K = 0.583

Example:

Gold Price = ₹5,000/gram
Weight = 8 grams
Purity = 22K (91.6%)
Gold Value = 5,000 × 8 × 0.916 = ₹36,640

2. Making Charges

Making Charges = (Gold Value) × (Making Charge %)

If making charge = 10% → ₹36,640 × 10% = ₹3,664

3. GST Calculation

GST = (Gold Value + Making Charges) × (GST %)

GST = (36,640 + 3,664) × 3% = ₹1,209.12

4. Total Value

Total Value = Gold Value + Making Charges + GST

Total = ₹36,640 + ₹3,664 + ₹1,209 = ₹41,513

What is Gold Purity?

Gold purity is measured in karats (K), indicating how much pure gold is present:

24K Gold (99.9% pure) – Soft, used for investment bars
22K Gold (91.6% pure) – Ideal for jewellery (durable yet valuable)
18K Gold (75% pure) – Common in luxury jewellery
14K Gold (58.3% pure) – More alloy, less gold (affordable)

🔹 Higher karat = More gold content = Higher value

What Are Making Charges?

Making charges are craftsmanship fees for designing and shaping gold into jewellery. These depend on:

Complexity of design (intricate patterns cost more)
Jeweller’s reputation (branded stores charge higher)
Type of jewellery (rings vs. necklaces)

💡 Typical Making Charges:

Simple rings: 5-10%
Designer jewellery: 15-25%

Final Thoughts

A Gold Ring Value Calculator helps you:
✅ Avoid under-selling your gold
✅ Compare offers from jewellers
✅ Estimate resale value accurately
✅ Plan jewellery investments wisely

Always check live gold prices before selling and verify the purity (hallmark certification) for the best valuation.

Gold Ring Value Calculator