Old Gold Exchange Calculator: What Your Old Gold Jewellery Is Worth
Free tool · Updated October 2, 2026 · By CouponTalk · Reviewed by CouponTalk Expert Reviews on
Your result
Enter your measurements to see your result.
Quick answer
Your old gold is valued on its pure gold content at today's rate, minus the jeweller's deduction. Remove the weight of stones, test the purity (karat meter or XRF) and apply today's 24K rate. 20 g of 22K gold at ₹1,00,000 per 10 g is worth about ₹1,83,380; a 3% deduction leaves about ₹1,77,880. Exchange for new jewellery usually gets a lower deduction than selling for cash.
How to use this calculator
- Enter the gross weight and the weight of stones to remove.
- Pick the purity, or the tested purity % from the karat meter.
- Add today's 24K rate and the deduction your jeweller quotes.
Reference table
| Step | What happens |
|---|---|
| 1. Weigh | Gross weight is noted |
| 2. Remove stones | Stone and bead weight is deducted |
| 3. Test purity | Karat meter (XRF) gives purity in % |
| 4. Value | Pure gold × today's 24K rate |
| 5. Deduct | Jeweller deducts melting loss and margin |
Deductions differ by jeweller and city. This estimate does not include any tax on your gain.
Frequently asked questions
Why do jewellers deduct from old gold?
To cover melting loss, impurities and their margin. Ask for the deduction in writing before you agree.
Should I get my gold tested first?
Yes. An XRF (karat meter) test is quick and does not damage the piece. Hallmarked gold with a HUID is easier to sell.
Can I be paid in cash for old gold?
Not for ₹2 lakh or more. Section 269ST of the Income-tax Act bars receiving that much in cash, so large sales are paid by bank transfer.
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