Gold Price Calculator
Estimated Value
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How to Use the Gold Price Calculator
Our free gold calculator lets you instantly determine the value of any quantity of gold in Qatari Riyal. Simply enter the weight, select the unit (gram, tola, ounce, or kilogram), choose the karat, and the calculator shows the current market value.
This tool uses the live gold price updated twice daily from international commodity markets. It calculates the pure gold value only — if you are estimating a jewelry price, you need to add making charges (typically 3-15% of the gold value) on top of this calculation.
Gold Value Formula
Gold value = Weight (in grams) × Karat purity factor × Current 24K price per gram
- Karat purity factors: 24K = 1.000, 22K = 0.9167, 21K = 0.8750, 18K = 0.7500, 14K = 0.5833, 10K = 0.4167
- Unit conversions: 1 tola = 11.6638g, 1 troy oz = 31.1035g, 1kg = 1000g
Practical Examples
- A 10-gram 22K gold chain: 10 × 0.9167 × [current 24K price per gram] = your gold value
- 1 tola of 24K gold: 11.6638g × 1.000 × [current 24K price per gram]
- Half ounce of 18K gold: 15.55g × 0.7500 × [current 24K price per gram]
No. This calculator shows the gold content value only. The price you pay at a shop includes making charges (3-15%), wastage charges (0-3%), and the shop’s profit margin. Use our Jewelry Estimator tool if you want to estimate the total shop price including making charges.
Because the jeweler’s price includes making charges (labor/design fees) that can be 5-15% of the gold value. Additionally, shops build in a small profit margin. The calculator shows you the raw gold market value — use this to verify you are paying a fair making charge.