How Much Do You Actually Get Per Gram When Selling Gold in India?

How Much Do You Actually Get Per Gram When Selling Gold in India?

Many sellers check the IBJA gold rate (₹13,965/g for 22K today) and expect to receive exactly that amount. In practice, what arrives in your hand is slightly less - and understanding why helps you avoid confusion and comparison.

This guide shows you the real per-gram figure you receive after all deductions, with actual worked examples.

At a Glance

The Journey from IBJA Rate to Your Actual Payout

The IBJA publishes the 22K rate as ₹13,965/g. Here is what happens between that number and what you receive:

Real Payout Examples at Today's Rates

What Deductions Actually Apply at the Branch

• Buyer margin: 1–3% below IBJA - this is the only deduction from the rate itself
• Stone deductions: stones are removed from the weight (not the rate) - only net gold weight is paid for
• Lac/resin filling: estimated weight deducted from gross weight
• Making charges: NOT deducted - making charges are a purchase-time cost, irrelevant at resale
• Melting charges: NOT charged by reputable gold buyers - refinery cost is covered by their margin

What Makes the Payout Vary Between Buyers

• The buyer's margin - 1% is excellent, 3% is acceptable, 5%+ is above average
• The XRF reading - different machines may give slightly different readings for the same piece; calibrated machines are more consistent
• Lac and stone assessment - subjectivity in how much lac is estimated; reputable buyers are conservative in deductions
• Hollow jewellery assessment - the hollow space adds no gold weight; well-calibrated scales should account for this

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 much per gram do I get when selling 22K gold?

At today's IBJA rate of ₹13,965/g and a typical 1–2% margin, you receive approximately ₹13,756–₹13,825/g.

Why do I get less than the IBJA rate?

The IBJA rate is the wholesale benchmark. Buyers deduct 1–3% to cover their operating costs and margin. This is standard and universal across reputable buyers.

Are making charges deducted when I sell gold?

No - making charges are only relevant when you purchase gold. At resale, only the gold content (weight × purity) is paid for.

Do stones reduce the per-gram rate?

No - stones are excluded from the weight, not from the rate. You are paid the full per-gram rate for the net gold weight.

How do I know if I am getting a fair rate per gram?

Check ibja.co for the IBJA rate. Calculate your expected payout (weight × purity × IBJA rate). Compare to what the buyer offers - if the gap is more than 3%, ask why.

Can the per-gram payout differ between buyers?

Yes - by 1–5% depending on the buyer's margin. Dedicated gold buyers like Attica Gold typically offer closer to IBJA than local jewellers.

Does selling a larger weight give a better per-gram rate?

Not typically - reputable buyers have a consistent rate. However, for very large transactions (500g+), there may be room to negotiate.