Gold Price Calculator
Gold Price Formula
The gold price formula is price = weight × (karat ÷ 24) × 24K rate + making charges + tax. Tax applies to the metal value plus making charges.
metal = weight × (K ÷ 24) × 24K ratemaking = metal × making %price = (metal + making) × (1 + tax %)How to Calculate Gold Price
To calculate gold price, multiply the weight by the purity and the 24K rate, then add making charges and tax.
Convert the weight into the rate unit: 2 tola = 23.3276 g.
Multiply by purity and rate: 23.3276 g × (22 ÷ 24) × 24K rate per gram.
Add the making charge (for example 8%) and the tax to get the final price.
Tola and Gram Gold Price Difference
The gold price per tola is 11.6638 times the price per gram. A per-10-gram rate is 0.8574 of the per-tola rate.
| Rate unit | Grams | Per-gram rate × |
|---|---|---|
| Per gram | 1 g | 1 |
| Per 10 grams | 10 g | 10 |
| Per tola | 11.6638 g | 11.6638 |
| Per troy ounce (ozt) | 31.1035 g | 31.1035 |
| Per kilogram (kg) | 1,000 g | 1,000 |
Gold Price Calculator Chart
Metal value at the karat and rate you entered.
| Weight | Grams | Metal value |
|---|---|---|
| 1 gram | 1 | — |
| 10 grams | 10 | — |
| 1 tola | 11.664 | — |
| 5 tola | 58.319 | — |
| 10 tola | 116.638 | — |
| 1 troy oz | 31.103 | — |
| 100 grams | 100 | — |
| 1 kg | 1,000 | — |
Frequently Asked Questions
How many grams in one tola?
One tola is 11.6638 grams, so a per-tola gold rate covers 11.6638 g of gold.
What is the difference between tola and gram gold price?
The tola gold price is 11.6638 times the gram gold price. Divide a per-tola rate by 11.6638 to get the per-gram rate.
Is the 10 gram gold price the same as the 1 tola price?
No, the 1 tola price is 1.16638 times the 10 gram price. 10 grams is 0.8574 tola.
How many grams in 1 tola 24 carat gold?
1 tola of 24 carat (24K) gold weighs 11.6638 grams, and the 24K rate per tola prices 11.652 g of pure gold at 99.9% purity.
How much is 1 tola in ml?
1 tola is 12 millilitres (ml) in the attar and perfume-oil trade. By density, 1 tola of water fills 11.66 ml and 1 tola of 24K gold fills 0.604 ml.
How many carat in one tola?
One tola is 58.319 carats (ct), and 1 metric carat equals 0.2 grams (200 mg). Carat (ct) measures gemstone weight, and karat (K) measures gold purity.
How is the gold price calculated?
Weight × (karat ÷ 24K purity) × 24K rate gives the metal value. Making charges are a % of that, and tax is applied on metal plus making.
What are making charges?
The jeweller’s fee for crafting the piece, usually a percentage of the gold value or a fixed amount per gram.
Can I use a per-tola rate?
Yes. Pick per tola, per 10 g, per gram, per troy ounce or per kg next to the rate.
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