22K, 24K and 18K Gold Selling Rate Today: How Purity Affects Your Selling Price

The selling price of 22 carat gold, selling price of 24 carat gold, and the rate for 18K depend on a single formula adjusted by the purity factor:

• Selling Price per Gram = Live Spot Rate × Purity Factor − Applicable Deductions

The purity factor is what makes the 22 carat gold selling price today different from the 24 carat gold selling price today. Here are the standard factors used in valuation:

• 24 carat (24K, 999 fine) – 99.9% pure gold. Purity factor: 0.999. The 24 carat gold selling rate today is the closest to the live spot price of any karat.
• 22 carat (22K, 916 fine) – 91.6% pure gold. Purity factor: 0.916. The 22 carat gold selling rate today is roughly 91.6% of the 24K rate per gram. Most Indian jewellery is 22K.
• 22kt gold – another notation for 22 carat gold. The 22kt gold selling rate today is identical to the 22 carat rate.
• 18 carat (18K, 750 fine) – 75% pure gold. Purity factor: 0.750. The 18 carat gold selling price and 18 carat gold selling rate are approximately 75% of the 24K rate per gram. Common in fashion jewellery and stone-set pieces.
• 916 gold (hallmarked) – “916” is the hallmark stamp for 22 carat gold. The 916 gold selling rate today is the same as the 22 carat rate. Hallmark gold selling rate today and hallmarked rates follow the same purity factor.

The widget below shows today’s 22K, 24K and 18K rates per gram – the live numbers used to calculate the selling price of 22 carat gold, the selling price of 24 carat gold, and the rate for 18K and 14K.

All gold purities are accepted for valuation. XRF testing reads the exact composition of your gold, so the buyer pays you for the actual gold content – never an underestimated rate. The most common scenarios:

Sell 24 Carat Gold and 24K Bullion

To sell 24 carat gold or sell 24k gold pieces (typically bullion bars or pure investment coins), you receive 99.9% of weight × today’s live rate. The sell 24k gold price is essentially the spot rate for that weight, with minimal handling deductions. Where to sell 24k gold or where can I sell 24 karat gold? Any dedicated gold buyer with XRF testing – see the FAQ below for what to look for. How much can you sell 24 karat gold for typically works out to 95–98% of live spot for bullion. For selling 24k gold jewelry, expect a slightly lower percentage (90–94%) after wastage and soldering deductions.

Sell 22K Gold and 916 Hallmarked Gold

The most common Indian jewellery purity. To sell 22 carat gold, sell 22k gold pieces, or sell 22k gold jewelry, the formula is weight × 0.916 × live rate, minus 1–3% wastage for jewellery. The 22k gold selling rate and 22k gold selling price are calculated this way. To sell 916 gold (the hallmark notation for 22K), the rate is identical – the 916 gold selling rate today and 916 gold selling price today both follow the 22K formula. To sell 22 carat gold jewellery specifically, stones are removed and returned to you before weighing. Hallmark gold selling rate is unaffected by the stamp itself; the rate depends purely on actual gold content.

Sell 18K Gold (Including Rings, Chains and Stone-Set Pieces)

18 carat gold is common in fashion jewellery, engagement rings, and stone-set pieces. To sell 18k gold, sell 18 karat gold, or sell 18k gold ring or sell 18k gold chain, the formula is weight × 0.750 × live rate. The sell 18k gold price reflects this lower purity factor. Selling 18 carat gold or selling 18k gold jewelry is straightforward – bring the pieces, complete KYC, and the valuation is done at the branch with stones removed. Where to sell 18k gold or where can I sell my 18k gold ring? A dedicated buyer with XRF testing gives you a fair, transparent rate. Where to sell 18k gold jewelry, where can I sell my 18k gold necklace, or how much can I sell my 18k gold chain for – all follow the same formula based on weight and purity. How much can I sell 18k gold for typically works out to 90–93% of (weight × 0.750 × spot) for jewellery, after wastage and soldering. How much is 18 karat gold selling for at any moment is shown in the widget above. How to sell 18k gold? Same process: weigh, XRF, calculate, pay.

Sell 14 Karat Gold

14K gold is common in international fashion jewellery – less common in India. To sell 14 karat gold or check selling 14 karat gold jewelry rates, the formula is weight × 0.583 × live rate. How much is 14 karat gold selling for follows the same calculation as higher karats – just with a lower purity factor. The 14 karat gold selling price reflects its 58.3% gold content.

Whether you sell 18K gold, sell 22K gold, or sell 24K gold, the documents are the same:

• PAN card – required for any single sale of ₹2 lakh and above.
• Aadhaar card – for KYC verification.
• Original purchase bill (optional) – not mandatory; KYC alone is sufficient.