Determine the gold purity (karat or fineness)
Convert karat to purity percentage: karat ÷ 24
Find the gold weight in grams
Calculate pure gold weight: total weight × purity percentage
Check the current gold price per gram
Calculate gold value: pure gold weight × price per gram
Subtract any making charges, fees, or deductions if needed
Add taxes if applicable
For scrap gold, remove stones or non-gold parts before weighing
For mixed items, calculate each gold portion separately and sum the values