Question 1

How is gold jewellery price calculated?

Accepted Answer

Gold jewellery price = (Weight in grams x Gold rate per gram for purity) + Making charges + 3% GST on gold value + 5% GST on making charges. The gold rate changes daily based on international markets.

Question 2

What are making charges?

Accepted Answer

Making charges cover the cost of crafting raw gold into jewellery. They vary by design complexity — simple chains may be ₹400-600/g while intricate bridal sets can be ₹800-1500/g. Machine-made pieces cost less than handcrafted ones.

Question 3

Is GST included in gold price?

Accepted Answer

No. GST is charged separately — 3% on the gold/silver value and 5% on making charges. Our estimator includes both GST components in the total for full transparency.

Question 4

What is the gold rate per gram today?

Accepted Answer

Gold rates change daily. Visit Gondilal Saraf or check our website for today's live rate in Banda. We update rates every morning based on the Mumbai bullion market.

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