Calculate exact gold jewellery costs with live rates, making charges, wastage & GST. See real-time gold and silver prices updated every hour.
Live Metal Prices (per gram)
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24K Gold
₹7,450
22K Gold
₹6,824
18K Gold
₹5,588
Silver
₹95
Rates from international markets • Updated hourly • Toggle INR/USD above
Quick Answer
The total cost of gold jewellery = (Gold Weight × Gold Rate per gram) + Wastage Charges (1-5%) + Making Charges (8-25%) + GST (3%). For example, 50 grams of 22K gold at today's live rate with 12% making charges, 2% wastage, and 3% GST. Our calculator fetches real-time gold prices from international markets updated every hour.
Understanding Gold Jewellery Pricing
Buying gold jewellery for weddings is a significant financial decision. The actual cost goes beyond just the gold price — it includes making charges, wastage, and taxes that can add 15-30% to the base gold value. Our calculator fetches live gold prices and provides a complete cost breakdown.
Gold Purity Guide (2026)
Karat
Purity %
Hallmark
Best For
24K
99.9%
999
Investment, coins, bars
22K
91.6%
916
Wedding jewellery (most popular worldwide)
18K
75%
750
Diamond settings, modern designs
14K
58.5%
585
Everyday wear, budget pieces
How is Gold Jewellery Price Calculated?
Gold Value = Weight (grams) × Live price per gram for chosen purity
Wastage = Gold Value × Wastage percentage (typically 1-5%)
Making Charges = (Gold Value + Wastage) × Making charge percentage (8-25%)
GST = (Gold Value + Wastage + Making) × 3%
Total = Gold Value + Wastage + Making + GST
Tips for Buying Wedding Gold (2026)
Always check BIS Hallmark — Ensures gold purity is certified by the government.
Compare making charges — Can vary from 8% to 25% between jewellers.
Buy during festivals — Dhanteras, Akshaya Tritiya, and Navratri offer best deals.
Get itemized bill — Verify weight, purity, making charges, and GST separately.
Track gold prices — Our live ticker above shows current rates. Buy when prices dip.
Frequently Asked Questions
For a traditional Indian wedding, the bride's family typically buys 50-200 grams of gold depending on region and budget. This includes a mangalsutra (10-20g), necklace sets (30-80g), bangles (20-60g), earrings (5-15g), and other pieces. South Indian weddings typically require more gold.
Making charges are the labour cost for crafting gold into jewellery. They typically range from 8-25% of gold value. Machine-made pieces have lower charges (8-12%), while handcrafted or intricate designs charge 15-25%. Branded jewellers like Tanishq charge 15-20% on average.
Wastage refers to the gold lost during the manufacturing process (filing, polishing, melting). It typically ranges from 1-5% of the gold weight. Some jewellers include wastage in making charges, while others charge separately. Always clarify this before purchasing.
22K gold is preferred for wedding jewellery in India because it is more durable while maintaining a rich gold color. 24K is too soft for intricate designs and daily wear. 22K contains 91.6% pure gold mixed with metals like copper or silver for strength.
GST on gold jewellery in India is 3% on the gold value plus making charges. Additionally, there is a 5% GST on making charges alone. The total effective GST comes to approximately 3-3.5% of the total bill.
Tips to save: 1) Buy during Dhanteras/Akshaya Tritiya for discounts, 2) Use gold savings schemes, 3) Compare making charges across jewellers, 4) Choose lighter but wider designs for more coverage, 5) Consider gold-plated pieces for events, 6) Buy hallmarked gold only.
Planning Your Wedding Jewellery Budget?
Use our Budget Calculator to plan your complete wedding expenses including gold and jewellery.