Buying & Selling Tips • ⏱️ 6 min read • Updated: 2026-10-22

Gold Rate vs. Jewellery Price: Why You Pay More at the Jeweller

Written by: AssetRateHub • Reviewed by: AssetRateHub
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Gold Rate vs. Jewellery Price: Why You Pay More at the Jeweller
Direct Answer / Quick Summary

Published daily gold rates represent raw bullion metal value. A finished piece of jewelry costs more because jewelers add craftsmanship making charges (Katai/Jarai, typically Rs. 1,000 to Rs. 4,000+ per tola or 5%–15%), wastage allowances (Kaat), and separate pricing for stones and beads.

The Retail Jewelry Price Equation

Total Jewelry Price = (Net Gold Weight × Gold Rate per Gram) + Making Charges (Katai) + Wastage (Kaat) + Gemstone Value + Sales Tax

Key Retail Cost Components Explained

  • Net Gold Weight vs. Gross Weight: Always ensure the jeweler weighs gemstones, glass beads, or enamel separately and subtracts them from the total gross weight before calculating the gold metal price.
  • Making Charges (Katai / Mazdoori): Compensation for goldsmith labor. Intricate bridal filigree or die-cast jewelry commands higher making charges than plain cast bangles.
  • Wastage (Kaat): Gold lost during cutting, filing, and soldering. Consumers should negotiate transparency on wastage percentages prior to order placement.

Smart Buying Checklist for Pakistan Buyers

  1. Check today's baseline 24K and 22K rates on AssetRateHub before visiting the bazaar.
  2. Calculate the expected price using our Gold Calculator with custom making charges.
  3. Demand an itemized receipt showing net gold weight, purity karat, making charge breakdown, and return deduction policies.
Live Bullion Context

Today's 24K Gold Rate in Pakistan: Rs. 430,137 / tola

Apply these concepts directly with our real-time precious metals calculation tools.

Frequently Asked Questions

Do you get making charges back when selling old jewelry?

No. Making charges (craftsmanship cost) and stone weight are not refunded upon resale. The jeweler pays strictly for the tested net weight of pure gold at current market spot rates.

How can I avoid being overcharged on jewelry weight?

Insist on weighing non-gold stones separately before mounting, or verify that the jeweler deducts the stone weight from the final bullion weight calculation.

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