Determine the current market price of 24 carat gold per gram
Multiply the 24 carat price by 22
Divide the result by 24
Add making charges if applicable
Add GST or other applicable taxes if applicable
Multiply by the total weight in grams
For example: 22 carat rate per gram = 24 carat rate per gram × 22 ÷ 24
For example: total gold value = 22 carat rate per gram × weight in grams
For example: final price = total gold value + making charges + taxes