Gold Calculator — Gold Price by Weight, Karat and Making Charges

Live gold value plus per-gram making charges and tax — every karat from 24K to 14K, in AED, SAR, EGP, USD and all GCC currencies.

Gold Calculator

Live prices as of 20 Sept 2026, 13:38 GST

How to Use the Gold Calculator

1
Enter the weight in grams
If you have the weight in troy ounces, multiply by 31.1. For tolas (common in South Asia), multiply by 11.66. For mithqal (used in some Arab markets), multiply by 4.25.
2
Choose the karat
24K = pure gold (99.9%) — best for investment. 22K = 91.7%, common in Gulf jewelry. 21K = 87.5%, the most widely used karat in Egypt and parts of GCC. 18K = 75%, popular for European-style jewelry. 14K = 58.3%, common in Western markets.
3
Select your currency
The calculator uses live exchange rates updated every 10 minutes. Choose from USD, AED, SAR, EGP, QAR, KWD, OMR, or BHD.
4
Add making charges (optional)
Making charges (المصنعية) are the jeweler's per-gram fee added on top of the gold price. Enter the amount per gram in your selected currency — ask the jeweler for their per-gram rate. Skip this for investment gold (coins, bars).
5
Add tax (optional)
The tax percentage applies to the full total (gold value + making charges) — for example 5% VAT in the UAE or 15% in Saudi Arabia. Leave it at 0 if it does not apply to you.
6
Read the result
The output is the estimated cost of buying the gold: the metal's value at today's live spot price plus making charges and tax. Final shop prices can vary slightly between dealers.

How to Calculate Gold Price by Karat and Weight

Every gold price in the world starts from the international ounce price; the rest is simple arithmetic you can do yourself. This is the same formula the calculator above uses:

  1. Divide the ounce price by 31.1035 to get the pure (24K) gram price: 4,380.04 ÷ 31.1035 = 140.82 USD per gram.
  2. Multiply by the karat purity: 21K = 0.875, 22K = 0.9167, 18K = 0.75. For 21K: 140.82 × 0.875 = 123.22 USD per gram of 21K.
  3. Convert to your currency at the live rate, then multiply by the weight in grams — that is the raw metal value.
  4. Add the per-gram making charge × weight, then apply tax to the total (5% in the UAE, 15% in Saudi Arabia, no VAT on gold in Qatar).

The figures above are computed from the live ounce price at this moment, not fixed examples — they change with every price update.

Selling Gold: What the Shop Will Pay You

When you sell, the shop pays for the metal only — weight × the per-gram price for your karat — minus its own margin. The making charge and tax you paid when buying are not refundable, which is why the sell price is always below the buy price even when the gold price has not moved. To estimate what you will receive: set making charges and tax to zero in the calculator above, and the result is the raw metal value before the shop's margin.

The margin a shop takes when buying from you varies by dealer and by city, so ask more than one shop before selling, weigh the piece and check its karat hallmark.

Buying Gold — Frequently Asked Questions

Three parts: the gold itself (weight × today's per-gram price for your karat), the making charges (the jeweler's per-gram fee × weight), and tax applied to that total. The calculator above does all three with live prices updated every 10 minutes.

Making charges are the jeweler's fee for crafting the piece, usually quoted per gram on top of the gold price. They vary by shop, design and karat — ask the jeweler for their per-gram rate and enter it as an amount in your currency. For investment bars and coins there are no making charges (they carry a small premium instead), so leave the field at 0.

In the UAE, VAT is 5%; in Saudi Arabia it is 15% — in both it generally applies to the full invoice (gold + making charges), which is how the calculator applies your tax percentage. In Egypt the gold metal itself is exempt and tax is generally charged on the making fee only — there, leave the tax at 0 and ask the jeweler for a making charge inclusive of tax. Rules change, so confirm the current rate where you buy.

The calculator prices the metal at the live market (spot) rate. Shops add their own margin, making charges differ piece to piece, and some quote prices that already include tax. Use the result as a fair-value benchmark to negotiate from — if a quote is far above it, ask why.

Lower karats contain less pure gold, so the per-gram price drops with purity: 24K = 99.9%, 22K = 91.7%, 21K = 87.5%, 18K = 75%, 14K = 58.3%. The calculator applies the live per-gram price of the karat you select.

Yes — gold prices and exchange rates update automatically every 10 minutes. You can calculate in USD, AED, SAR, EGP, QAR, KWD, OMR and BHD.

Multiply the weight in grams by the live 21K per-gram price, which is the ounce price divided by 31.1035 and multiplied by 0.875. The calculator above does it for you in your currency; add making charges and tax on top if you are buying a piece of jewellery rather than selling one.

One gram of 21K gold is the live ounce price divided by 31.1035 then multiplied by 0.875 — the calculator above shows it in AED, SAR, EGP, QAR, KWD, OMR, BHD or USD and updates every 10 minutes. That is the raw metal value: a shop will quote more when buying (making charges and VAT) and less when selling.

Weight × the per-gram price for your karat, minus the shop margin — and nothing else. Set making charges and tax to 0 in the calculator above to see that raw metal value. The making charge and VAT you paid when buying are not recoverable, so the sell price is always below the buy price even when gold has not moved.

Take the live ounce price, divide by 31.1035 for the pure gram, multiply by your karat purity (21K = 0.875, 22K = 0.9167, 18K = 0.75), convert to your currency, then multiply by the weight. Making charges and tax are added only on top of that, and only when buying.

Yes. For bars and coins set the making charges to 0 — the result is the metal value plus any tax. Dealers typically add a small premium over this value that varies by size and brand.

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