Jewelry Tool
Jewelry Price Calculator
Calculate the all-in retail price of a gold jewelry piece. Enter the weight, karat, making charge rate, and wastage percentage to get the total cost.
💍 Jewelry Price Calculator
- Gold value
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- Making charge
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- Wastage cost
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- Total price
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Frequently Asked Questions
How is the price of gold jewellery calculated?+
Jewellery price = (weight × karat ratio × gold spot price/g) + making charge + wastage. For example: 10g of 22K at $100/g spot + $5/g making + 8% wastage = $916.70 + $50 + $73.34 = $1,040.04.
What is a making charge on gold jewellery?+
Making charge (also called workmanship charge) is the fee for fabricating the jewellery. It is charged either per gram of gold used or as a percentage of the gold value. Range: $1–$10/g for machine-made, higher for handmade.
What is wastage in gold jewellery?+
Wastage is the gold lost during the fabrication process (filing, polishing, melting). Jewellers charge 5–15% wastage on top of the gold weight. Some gold is genuinely lost; the rest is margin.
How do I get the best price on gold jewellery?+
Compare making charges and wastage percentages across jewellers. Buy hallmarked certified jewellery. For investment purposes, consider gold coins/bars (zero making charge) over jewellery.
Should I pay making charges when selling jewellery?+
No. When you sell gold jewellery back, dealers typically pay only the gold value at a discount to spot (80–95%). Making charges, wastage, and retail margin are not recouped.