Gold Investment Calculator
Value a gold holding and see the profit or loss on it. Enter the price you paid per gram, how many grams you hold, and today's price — you supply the prices, we do not fetch live rates.
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How to use this calculator
- Enter purchase price per gram — What you paid per gram, before making charges.
- Enter quantity — 10 grams = 1 tola. A standard coin is often 8 or 10 grams.
- Enter current price per gram — Check today's rate with your jeweller or bank — this site does not fetch live prices.
- Enter making charges & gst paid — Jewellery costs extra to make, and that money is not recovered on sale. (optional — leave it as it is if it does not apply)
- Enter years held — Used for the annualised return.
- Read the result — it updates as you type.
The formula used
Profit = (Current price × grams) − (Purchase price × grams) − Charges
- grams
- Weight of gold you hold
- Charges
- Making charges and GST paid at purchase
Return % = profit ÷ total cost × 100, where total cost includes the charges. Annualised return uses the CAGR formula so you can compare gold against a fixed deposit or an index fund on equal terms.
Purity matters. Prices are usually quoted for 24K (99.9% pure). If you own 22K jewellery, its gold content is about 91.6% — multiply the 24K rate by 0.916 before entering it, or enter the 22K rate your jeweller quotes.
Worked example
You bought 50 grams at ₹5,500 per gram five years ago; the price today is ₹7,200.
- Purchase value50 × ₹5,500 = ₹2,75,000
- Current value50 × ₹7,200 = ₹3,60,000
- Charges paid₹0 (coins, no making charges)
- Profit = ₹3,60,000 − ₹2,75,000 = ₹85,000
- Return = 85,000 ÷ 2,75,000 × 100 = 30.91%
- Annualised = (3,60,000 ÷ 2,75,000)1/5 − 1 = 5.53% a year
A 31% headline gain is really 5.53% a year — useful to know before comparing it with a fixed deposit.
What to know before treating gold as an investment
Gold holds value across decades and tends to do well when other assets are struggling. What it does not do is compound: a gram of gold stays a gram of gold. All of your return comes from the price moving.
Jewellery is not an investment
Making charges of 8–25% and GST are paid when you buy and are gone forever. If you pay 15% in charges, the gold price must rise 15% just to get you back to level. Coins, bars, gold ETFs and sovereign gold bonds avoid most of this.
The ways to own gold
- Jewellery — wearable, worst returns after charges.
- Coins and bars — small premium, storage is your problem.
- Gold ETFs and gold funds — no making charges, small annual expense, easy to sell.
- Sovereign Gold Bonds — track the gold price and pay a small yearly interest on top, with a fixed maturity period.
A note on prices
This calculator never fetches a live rate. Every price is one you type in, so check today's figure with your jeweller, bank or a reputable price source before relying on the result.
How much gold is sensible?
Gold is usually treated as a diversifier rather than a core holding. Many planners suggest keeping it to a modest slice of a portfolio, precisely because it produces no income.
Tips and common mistakes
Getting more out of it
- Use the same purity for both prices. Mixing a 22K purchase price with a 24K current price distorts the whole result.
- Enter any making charges you paid — they are part of what the investment cost you, even though they bought no gold.
Mistakes to avoid
- Expecting the site to know the gold rate. Every price here is one you type in.
- Judging gold by the headline price rise rather than the annualised return.
- Forgetting that a jeweller may deduct further charges when buying the piece back.
Frequently asked questions
Does this calculator show live gold prices?
No. There is no market-data connection anywhere on this site. You enter both the purchase price and the current price yourself, which is why the result is only as accurate as the rates you use.
How do I convert 22K and 24K prices?
24K is 99.9% pure; 22K is about 91.6% pure. To estimate a 22K rate, multiply the 24K rate by 0.916. Jewellers quote both — use whichever matches what you own.
Should making charges count as part of my cost?
Yes, if you want an honest return. You paid that money and you will not get it back when you sell. Leave the field at 0 only for coins or bars bought at a negligible premium.
How much do jewellers deduct when buying back?
It varies. Many deduct for purity testing and refining, and few return the original making charges. Ask about the buy-back policy before purchasing.
Is gold taxed when I sell?
Yes — gains on physical gold and gold funds are taxable, with the treatment depending on the holding period and the current rules. Use the Capital Gains Calculator with the rate that applies to you.
Is gold better than a fixed deposit?
They do different jobs. An FD gives a known return with no price risk; gold can rise sharply or stagnate for years. Compare them side by side with the Gold vs FD Calculator.
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