To calculate the gold price per gram, take the live gold price per gram for the karat you are checking and multiply it by the weight in grams. This guide explains each step and shows how karats, units and shop charges change the result.
The Formula
Gold value = weight in grams x price per gram x (karat / 24). For example, a 10 gram piece of 22K gold uses the 22K price per gram, or the 24K price multiplied by 22/24. The gold value calculator does this calculation with the live price.
Step 1: Find the Live Price per Gram
Use the live price for your country and currency on the relevant country page, such as the gold price in Saudi Arabia page. Note the karat and the last-updated time, because the price moves during the day.
Step 2: Convert the Weight to Grams
If the weight is in tola, ounces or kilograms, convert it to grams first: one tola is 11.6638 grams and one troy ounce is 31.1035 grams. The gold weight converter converts between grams, tola, kilograms, milligrams and troy ounces.
Step 3: Add Making Charges and Tax
The result so far is the metal value at the spot rate. A shop adds making charges and tax, so use the gold jewelry price calculator to add your own making charge and tax figures and see the estimated total.
Frequently Asked Questions
How do I calculate the gold price per gram?
Multiply the weight in grams by the live price per gram for that karat, then adjust with karat / 24 if you start from the 24K price. The gold value calculator on this site does the calculation with the live price.
How many grams are in one tola?
One tola is 11.6638 grams. To convert a tola weight to grams, multiply the number of tolas by 11.6638.
Does the calculated price include making charges?
No. The basic calculation gives the metal value at the spot rate. Making charges and tax must be added separately, as the jewelry price calculator does.