Core calculator
24K bullion is often quoted as 99.9% fine; this tool uses karat/24 unless you pick custom.
Sliders (live)
Results
Market vs payout
| Type | Amount (₹) |
|---|---|
| Market value | — |
| After deduction | — |
Breakdown
| Component | Amount (₹) |
|---|
Karat reference
| Karat | Fraction of 24K | Typical % fine |
|---|---|---|
| 24K | 24/24 | 99.9% (bullion) |
| 22K | 22/24 | 91.6% |
| 18K | 18/24 | 75% |
| 14K | 14/24 | 58.5% |
Multi-karat comparison (same weight & rate)
| Karat | Market value (₹) |
|---|
Reverse: effective rate
If you already received cash, see implied ₹ per gram of jewelry and per gram of fine gold.
Am I getting cheated? (quick check)
Enter what you were offered or paid; we compare to the estimated payout above.
Buyer comparison
| Buyer | Deduction | Final ₹ |
|---|
Gold loan vs sell (sketch)
Sell = payout above. Loan: disbursement is often a % of gold value; you pay interest and reclaim metal if you repay.
Weight converter
Optional: other currencies
Enter ₹ per 1 unit of foreign currency (e.g. if 1 USD = ₹83, type 83).
Gold rate reminder
We do not stream live MCX prices. Check today’s fine-gold rate from a trusted exchange or jeweller, then enter it above. Re-run when the rate moves.
How scrap gold value is calculated
First find fine gold mass: multiply scale weight by karat ÷ 24. Multiply that by the ₹ per gram of fine gold you use as reference. That is the intrinsic market value before stones and alloys other than gold.
What is karat?
Karat (e.g. 22K) is the proportion of gold in the alloy out of 24 parts. So 22K means about 22/24 ≈ 91.67% of the weight is gold if the rest is non-gold metal.
Why do buyers deduct?
Melting, assay tolerance, stone removal, and the buyer’s margin are folded into a percentage haircut or fixed charges. Real offers vary—use this tool to set expectations before you negotiate.
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FAQ
- How much is 22K gold worth per gram?
- Roughly (22/24) times the fine-gold rate per gram, before any buyer deductions.
- How do gold buyers calculate price?
- Weight × purity × their gold rate, minus charges and margin—always ask for the breakdown.
- What deductions are applied?
- Often melting, wastage, and commission; the net is what you should compare across shops.
- Sell or gold loan?
- Selling is final cash; a loan preserves ownership but adds interest and repayment risk.