Gold Price Calculator: Check Your Gold’s Value Before Selling

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Gold Price Calculator: Check Your Gold’s Resale Value Before Selling

Before selling your gold, you want to know exactly how much you should receive. A gold price calculator tells you your jewellery’s resale value based on today’s IBJA rate, the weight of your piece and the purity (karat).

This page shows you how to use the formula yourself — and embeds a live widget so you can calculate in seconds.

At a Glance

How the Gold Resale Calculator Works

The gold resale value formula is: Cash Value = Weight (grams) × Purity Fraction × Today’s 24K IBJA Rate. The purity fraction converts your karat into a decimal: 24K = 1.000, 22K = 0.916, 18K = 0.750, 14K = 0.585.

Example: You have a 15g 22K necklace. Today’s 24K IBJA rate is ₹15,250/g. Resale value = 15 × 0.916 × ₹15,250 = ₹2,09,535. That is the cash you should receive before any deductions.

Live Calculator

The widget above calculates using the live IBJA rate updated every trading day. Always verify at the branch — the final price depends on XRF purity testing.

Calculator by Weight & Purity — Quick Reference

What Affects Your Final Payout

·       Purity — XRF machine testing at branch confirms actual karat

·       Weight — measured on calibrated scales, accurate to 0.01g

·       Non-gold elements — stones, lac filling, soldering removed before weighing

·       Making charges — NOT deducted at resale. You get full metal value.

·       LTCG tax — 12.5% applies if held over 24 months; not deducted at Attica Gold

KYC Required

Aadhaar is mandatory for all sales. PAN is required if your total sale exceeds ₹2,00,000 in a financial year. This is a regulatory requirement under Section 114B of the Income Tax Act.

Why Choose Attica Gold Company

Attica Gold Company is ISO 9001:2015 certified with 200+ branches across Karnataka, Tamil Nadu, Andhra Pradesh, Telangana and Pondicherry. Your wait is over.

Frequently Asked Questions

How do I calculate my gold resale value?

Formula: Weight (g) × Purity Fraction × Today’s 24K Rate. For 10g of 22K: 10 × 0.916 × ₹15,250 = ₹1,39,690.

What is the purity fraction for 22K gold?

22K gold has a purity of 91.6%, so the purity fraction is 0.916.

Does the calculator include making charges?

No. Making charges are NOT deducted at resale. You receive the full metal value at the IBJA rate.

What is the IBJA rate?

IBJA (Indian Bullion and Jewellers Association) publishes the daily benchmark gold price in India. All reputable gold buyers use this rate.

Is the calculator value the exact amount I receive?

The calculated value is the maximum you should receive. Small adjustments may apply for soldering, stones or impurities discovered during XRF testing. At Attica Gold, no arbitrary deductions are made.

What if my gold has stones or lac filling?

Stones and lac are removed before weighing. You receive the per-gram rate for the net gold weight only.

How often is the gold rate updated?

IBJA publishes rates every trading day (Monday–Friday). The widget on this page updates accordingly.

Sell Gold for Cash

Get today’s live gold rate at your nearest Attica Gold branch

Visit a nearby branch for quick valuation, transparent pricing, and instant cash for your gold.

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