22K, 24K and 18K Gold Selling Rate Today: How Purity Affects Your Selling Price
Confused about how purity affects what you’ll get when selling gold? The 22 carat gold selling rate today is different from the 24 carat gold selling rate today, and 18K is different again. Each karat reflects how much of your gold is actual gold versus other metals, and that directly determines your selling price. The 22k gold selling price today, 24k gold selling price today, and 18k gold selling price today all start from the same live spot rate – they just apply different purity factors. This page explains how 22K, 24K, 18K, and 916 gold are priced for sale today, what the differences mean for your payout, and how to know exactly what your gold is worth.
Check today’s gold rate by purity below or visit your nearest branch for an exact, no-obligation quote based on XRF testing of your specific gold.
Gold Selling Rate Today by Purity: How Karats Affect Your Price
The selling price of 22 carat gold, selling price of 24 carat gold, and the rate for 18K depend on a single formula adjusted by the purity factor:
- Selling Price per Gram = Live Spot Rate × Purity Factor − Applicable Deductions
The purity factor is what makes the 22 carat gold selling price today different from the 24 carat gold selling price today. Here are the standard factors used in valuation:
- 24 carat (24K, 999 fine) – 99.9% pure gold. Purity factor: 0.999. The 24 carat gold selling rate today is the closest to the live spot price of any karat.
- 22 carat (22K, 916 fine) – 91.6% pure gold. Purity factor: 0.916. The 22 carat gold selling rate today is roughly 91.6% of the 24K rate per gram. Most Indian jewellery is 22K.
- 22kt gold – another notation for 22 carat gold. The 22kt gold selling rate today is identical to the 22 carat rate.
- 18 carat (18K, 750 fine) – 75% pure gold. Purity factor: 0.750. The 18 carat gold selling price and 18 carat gold selling rate are approximately 75% of the 24K rate per gram. Common in fashion jewellery and stone-set pieces.
- 916 gold (hallmarked) – “916” is the hallmark stamp for 22 carat gold. The 916 gold selling rate today is the same as the 22 carat rate. Hallmark gold selling rate today and hallmarked rates follow the same purity factor.
The widget below shows today’s 22K, 24K and 18K rates per gram – the live numbers used to calculate the selling price of 22 carat gold, the selling price of 24 carat gold, and the rate for 18K and 14K.
TODAY'S GOLD RATE
₹14,700
₹14,700
* UPDATED TODAY !!!
Worked Example: How Much You Get for Each Karat
Suppose you’re comparing the payout for 10 grams of gold across different karats, and today’s 24K live rate is ₹7,000 per gram (illustrative – see widget for actual). Here’s the rough payout difference:
- 10g of 24K gold – 10 × 0.999 × ₹7,000 = approximately ₹69,930. The selling price of 24 carat gold is the highest per gram because it’s purest.
- 10g of 22K gold (916) – 10 × 0.916 × ₹7,000 = approximately ₹64,120. The selling price of 22 carat gold is lower per gram simply because there’s less actual gold in the alloy.
- 10g of 18K gold – 10 × 0.750 × ₹7,000 = approximately ₹52,500. The 18 carat gold selling price is lowest among common Indian jewellery purities.
- 10g of 14K gold – 10 × 0.583 × ₹7,000 = approximately ₹40,810. Common in international or fashion jewellery.
The actual payout depends on today’s live rate and any applicable wastage/soldering deductions for jewellery (typically 1–3%). Bullion (coins and bars) usually has no deductions.
Sell 22K, 24K, 18K and 14K Gold: What’s Accepted
All gold purities are accepted for valuation. XRF testing reads the exact composition of your gold, so the buyer pays you for the actual gold content – never an underestimated rate. The most common scenarios:
Sell 24 Carat Gold and 24K Bullion
To sell 24 carat gold or sell 24k gold pieces (typically bullion bars or pure investment coins), you receive 99.9% of weight × today’s live rate. The sell 24k gold price is essentially the spot rate for that weight, with minimal handling deductions. Where to sell 24k gold or where can I sell 24 karat gold? Any dedicated gold buyer with XRF testing – see the FAQ below for what to look for. How much can you sell 24 karat gold for typically works out to 95–98% of live spot for bullion. For selling 24k gold jewelry, expect a slightly lower percentage (90–94%) after wastage and soldering deductions.
Sell 22K Gold and 916 Hallmarked Gold
The most common Indian jewellery purity. To sell 22 carat gold, sell 22k gold pieces, or sell 22k gold jewelry, the formula is weight × 0.916 × live rate, minus 1–3% wastage for jewellery. The 22k gold selling rate and 22k gold selling price are calculated this way. To sell 916 gold (the hallmark notation for 22K), the rate is identical – the 916 gold selling rate today and 916 gold selling price today both follow the 22K formula. To sell 22 carat gold jewellery specifically, stones are removed and returned to you before weighing. Hallmark gold selling rate is unaffected by the stamp itself; the rate depends purely on actual gold content.
Sell 18K Gold (Including Rings, Chains and Stone-Set Pieces)
18 carat gold is common in fashion jewellery, engagement rings, and stone-set pieces. To sell 18k gold, sell 18 karat gold, or sell 18k gold ring or sell 18k gold chain, the formula is weight × 0.750 × live rate. The sell 18k gold price reflects this lower purity factor. Selling 18 carat gold or selling 18k gold jewelry is straightforward – bring the pieces, complete KYC, and the valuation is done at the branch with stones removed. Where to sell 18k gold or where can I sell my 18k gold ring? A dedicated buyer with XRF testing gives you a fair, transparent rate. Where to sell 18k gold jewelry, where can I sell my 18k gold necklace, or how much can I sell my 18k gold chain for – all follow the same formula based on weight and purity. How much can I sell 18k gold for typically works out to 90–93% of (weight × 0.750 × spot) for jewellery, after wastage and soldering. How much is 18 karat gold selling for at any moment is shown in the widget above. How to sell 18k gold? Same process: weigh, XRF, calculate, pay.
Sell 14 Karat Gold
14K gold is common in international fashion jewellery – less common in India. To sell 14 karat gold or check selling 14 karat gold jewelry rates, the formula is weight × 0.583 × live rate. How much is 14 karat gold selling for follows the same calculation as higher karats – just with a lower purity factor. The 14 karat gold selling price reflects its 58.3% gold content.
How Much Will You Get? Selling Price by Karat per Gram
For a quick reference at today’s rates (use the widget for live numbers):
- 24K (999) – Purity factor 0.999 – closest to spot rate. Best payout per gram for bullion.
- 22K / 916 – Purity factor 0.916 – most common Indian jewellery rate. The 22kt gold selling rate today follows this factor.
- 18K (750) – Purity factor 0.750 – common in stone-set jewellery. The selling price of 18k gold per gram is roughly three-quarters of the 24K rate.
- 18 karat – Purity factor 0.750 – same as 18K. The 18 karat gold selling price is identical to the 18K rate per gram.
- 14K (583) – Purity factor 0.583 – less common in Indian jewellery; standard in international fashion gold.
- 24 karat – Purity factor 0.999 – same as 24K. The 24 karat gold selling rate and 24 karat gold selling price match the 24K rate per gram.
Documents Required
Whether you sell 18K gold, sell 22K gold, or sell 24K gold, the documents are the same:
- PAN card – required for any single sale of ₹2 lakh and above.
- Aadhaar card – for KYC verification.
- Original purchase bill (optional) – not mandatory; KYC alone is sufficient.
Ready to Sell Your Gold at the Right Rate for Its Karat?
Visit your nearest branch with your gold and a valid ID for an exact, no-obligation quote based on XRF purity testing and today’s live rate. The valuation takes 15–40 minutes depending on the form.
Frequently Asked Questions
What is the 22 carat gold selling rate today?
The 22 carat gold selling rate today is the live 24K spot rate × 0.916 (the 22K purity factor), minus any applicable jewellery wastage. The 22k gold selling price today follows the same formula. See the widget above for the current rate.
What is the 24 carat gold selling rate today?
The 24 carat gold selling rate today is the live IBJA spot rate × 0.999. The 24k gold selling price today is the closest to spot of any karat because 24K gold is 99.9% pure.
What is the 18k gold selling price today?
The 18k gold selling price today is the live 24K spot rate × 0.750. The 18 carat gold selling price reflects the fact that 18K gold is only 75% pure gold – the rest is alloy.
What is the 916 gold selling rate today?
The 916 gold selling rate today is identical to the 22 carat rate, because “916” is the hallmark notation for 22K gold. Hallmark gold selling rate today follows the same purity factor (0.916).
How much can I sell 24K gold for?
How much can I sell 24k gold for typically works out to 95–98% of the live spot rate × weight for bullion (coins and bars), and 90–94% for 24K jewellery after wastage and soldering deductions.
How much can I sell 18K gold for?
How much can I sell 18k gold for is approximately weight × 0.750 × today’s live rate, minus 1–3% jewellery wastage. How much can you sell a 18k gold ring for follows the same formula. For a 5g 18K ring at ₹7,000/g 24K spot, the rough payout is around ₹26,000.
Is hallmarked gold valued differently from non-hallmarked gold?
No. Hallmark gold selling rate is the same as non-hallmarked gold of the same actual purity. The hallmark stamp is a quality indicator, not a price multiplier – XRF testing measures actual gold content regardless of stamps.
How to sell 18K gold or how to sell 24K gold?
How to sell 18k gold or how to sell 24k gold follows the same process: walk into your nearest branch with the gold and a valid ID. The pieces are weighed, XRF-tested for purity, and valued using the formula weight × purity × today’s live rate.
Where can I sell 24 karat gold?
Where can I sell 24 karat gold or where to sell 24k gold? Any dedicated gold buyer with XRF testing – banks rarely buy back gold, so dedicated buyers are the practical option. Sell 24 carat gold at near-spot rates without jewellery-style deductions.
