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| Karat | Fineness, ‰ | Price per gram at this purity |
|---|
Value = grams × purity (karat / 24) × price per gram of pure gold. 1 troy ounce = 31.1035 g, 1 tola = 11.6638 g, 1 baht = 15.244 g, 1 luong = 37.5 g. Shops add making charges and buy back below the selling price.
What this gold calculator does
This tola calculator gives the metal value of gold from three inputs:
- Weight and unit. Tola, masha, ratti, grams, troy ounces and other units. A tola is the traditional South Asian unit for gold. A masha is a fraction of a tola, and a ratti is a fraction of a masha.
- Purity (karat). Karat measures how much of the metal is pure gold. Pure gold is the highest karat. Jewellery is usually a lower karat because it is mixed with other metals for strength.
- Price. The price per gram of pure gold that you type in, taken from a source you trust.
The tool converts your weight into grams, scales it by purity, and multiplies by your price. The result is the value of the gold content only.
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How the value is calculated
The calculation works the same way for any unit:
- Convert the weight to grams. The calculator uses the standard grams-per-tola conversion and the matching ratios for masha and ratti, so you do not convert by hand.
- Apply purity. Divide the item's karat by the karat of pure gold. The result is the share of the weight that is pure gold.
- Multiply by the price. Pure-gold grams multiplied by your price per gram of pure gold gives the metal value.
If you have a gold price per tola instead of per gram, choose tola as the price basis in the tool, or divide the tola price by grams per tola before you enter it. For the exact unit relationships, see Tola, masha and ratti. For how purity grades differ, see the karat purity guide.
Where to get the price you enter
This page does not publish a gold rate. The result is only as good as the price you type in.
- Use the rate published that day by your local sarafa (bullion) association, or ask your jeweller which rate they are quoting.
- Check whether the quote is for pure gold or for a lower karat, and whether it is per tola, per ten grams or per gram.
- Rates change during the day. Write down the time and source of the rate you used.
How gold rate is set explains how local prices relate to the international price and to the rupee. If you start from a dollar price, the SBP exchange rates page shows where official rupee rates are published.
What the result does not include
The figure is the metal value, not the price you will pay or receive at a shop.
- Making charges are added when you buy jewellery. When you sell, deductions for wastage, melting or testing are common. See Making charges and resale.
- Actual purity may differ from what is stamped. Only a test confirms it.
- Tax and zakat follow separate rules. See Gold and tax and Zakat on gold.
Gold is also traded as a leveraged CFD under the symbol XAUUSD. That is a different product from physical gold, and losses can grow fast. Read Metals before you consider it.
Frequently asked questions
Is this a gold rate calculator for Pakistan with live prices?
No. You type in the price yourself. Take it from your sarafa association or your jeweller on the day you calculate.
How do I enter weight in tola and masha together?
Convert the mashas and rattis into a part of a tola, or enter each piece separately and add the results. Tola, masha and ratti shows the ratios.
Why is a jeweller's offer lower than the calculator result?
Jewellers deduct for purity testing, wastage or melting, and buy below their selling rate. The calculator shows the metal value only.
Can I use a price quoted for lower-karat gold?
Yes, but then set the purity to pure gold in the tool. Otherwise purity is applied twice and the result comes out too low.
Does the calculator work for silver?
It is set up for gold. For silver, see Silver rate per tola.