Free tool · made by jewellers
Gold rate & making charge calculator — the bill, before the bill.
Weight, today’s board rate, wastage, making, stones, 3% GST and old gold exchange — worked out the way a jewellery counter bills. For gold and silver.
Exchanging old gold?
Estimated bill
| Gold value (10 g) | ₹0 |
|---|---|
| Wastage / VA | ₹0 |
| Making charge | ₹0 |
| Taxable value | ₹0 |
| GST 3% | ₹0 |
| Bill amount | ₹0 |
Total₹0
Enter today's board rate to see the price.
For jewellers
Your counter should do this on every bill.
Auromine MPOS Jewelry Software is jewellery software made by jewellers. It holds the day’s rate for every purity, prices each tagged item with its own wastage and making, adds HUID and stones, takes old gold in exchange and prints a GST bill — on a phone or a computer, online or off. The Pearl plan is free forever for one counter — 30 bills a month and 200 items; paid plans start at ₹2,999 a year and add tag printing, unlimited bills and the full reports.
Free jewellery billing software · Old gold billing · Everything the Jewellery POS does
Questions
Gold jewellery pricing — the usual questions
How is the price of gold jewellery calculated?
Weight in grams × today's rate for that purity gives the metal value. Wastage (value addition) is added as a percentage of the metal value, then the making charge — per gram, as a percentage, or a flat amount — and any stone or other charges. GST of 3% is charged on that total. If you exchange old gold, its value is deducted from the bill.
What is the difference between wastage (VA) and making charge?
Wastage, or value addition, covers metal lost while the piece is made and is charged as a percentage of the gold value. The making charge pays for the labour and is quoted per gram, as a percentage, or as a fixed amount. Many shops quote one combined figure; this calculator keeps them apart so you can compare two quotes properly.
How much GST is charged on gold jewellery?
3% on the value of the jewellery including wastage, making and stones when you buy it from a shop. Leave the GST box ticked to see the bill a customer pays, or untick it to see the pre-tax value.
What do 22K, 916, 18K and 750 mean?
Karat and fineness describe the same thing. 22 karat is 91.6% pure gold, stamped 916. 18 karat is 75%, stamped 750. 14 karat is 58.5%, stamped 585. 24 karat (999) is pure gold, used for coins and bars rather than jewellery.
How is old gold valued in an exchange?
The shop tests the old gold's purity, multiplies its weight by that purity, and values the result at the pure (24K) gold rate. Some shops deduct a small melting loss as well. Enter the tested purity and the 24K rate under 'Exchanging old gold?' to see the deduction.
Why doesn't the calculator show today's gold rate?
Because the rate that matters is the one on your jeweller's board, and it differs from shop to shop and city to city. A rate pulled from the internet can be out of date by the time you read it. Type in the board rate and the calculator does the rest.