Free tool
Gold appraisal calculator
Gross weight in, pure gold content and lending value out — with stones deducted and melting loss applied the way a counter actually quotes it. Nothing to sign up for, and the arithmetic happens on your own device.
Your own figure, from your own policy and licence conditions. We do not suggest one.
Appraisal
- Net weight (less stones)
- 20.00 g
- Pure gold at 916
- 18.32 g
- After 2% melting loss
- 17.95 g
Market value
₹1,65,173
At your 75% — lendable
₹1,23,880
An estimate from the figures you entered. Your own appraisal at the counter governs — purity varies within a single piece, and solder and enamel are not gold.
Send this appraisal to usHow the appraisal works
- 1. Take off what is not gold. Stones, beads and thread weigh on the scale but cannot be recovered. Net weight is gross minus those.
- 2. Apply the purity. A 916 hallmark piece is 91.6% gold, so 20 grams net holds 18.32 grams of pure gold.
- 3. Deduct melting loss. Solder and impurities disappear on melting. Firms quote this as a percentage — the tanch.
- 4. Value it, then apply your own percentage. Pure grams times today's rate gives the market value. What you lend against that is your firm's decision, not ours.
Common questions
What is melting loss or tanch in a gold loan?
Melting loss is the weight a piece would lose if it were melted down to pure gold — solder at the joints, enamel, and impurities that are not gold but sit on the scale. Counters usually deduct it as a percentage of the gold content, quoted as 'two percent tanch' or similar. The exact figure is a matter of the firm's own appraisal and the kind of piece; heavily soldered chains and bangles typically carry more than plain items.
How do I calculate pure gold from 916 hallmark jewellery?
Multiply the net weight, after deducting stones and beads, by 0.916. A 20 gram 916 chain with no stones therefore holds 18.32 grams of pure gold, before any melting loss deduction. This calculator does that step and the melting loss deduction together.
Why deduct the weight of stones?
Stones, beads, threads and lac filling weigh on the scale but are not gold and cannot be recovered as gold. Lending against their weight means lending against nothing, which is exactly where losses appear at auction. Weigh them separately whenever the piece allows it.
What percentage should I lend against gold?
That is your firm's decision, set by your own policy and the conditions of your licence — this calculator takes whatever percentage you enter and does not suggest one. We would be the wrong people to advise you on it.
This appraisal, on every pledge you take
In GoldKhata the same calculation sits inside the loan entry screen, with today's gold rate already on it, and the figures print straight onto the pledge card. From ₹499 a month, 30 days free.