Overview

14K gold contains 58.33% pure gold, with the remaining 41.67% made up of alloy metals. To estimate its metal value per gram, multiply the 24K gold rate by 14/24, which is about 0.5833. The final jewellery price also includes making charges and 3% GST. Using the 24K rate of ₹15,113 per gram in Delhi on 12 October 2026, the estimated 14K gold price today in India is around ₹8,816 per gram before any other charges. That date is a snapshot, not a live quote, and actual prices vary by jeweller, city and pricing method. This guide explains the calculation, compares the common karats, covers what moves the price and ends with a checklist for the jewellery store.

Key Highlights

• Purity: 58.33%, stamped as 585 under BIS hallmarking.
• Formula: 24K rate per gram × 14/24 (about 0.5833) = estimated 14 carat gold price per gram.
• Best used for: Durable everyday jewellery and diamond settings.

How Is the Price of 14K Gold Calculated?

Use this formula: 14 karat gold rate per gram = 24K rate per gram × 14/24.

Step	Example (1 gram, 12 Oct 2026)
24K rate per gram	₹15,113
Multiply by 14/24	₹15,113 × 0.5833
Estimated 14 carat gold price per gram	₹8,816

The 24K rate changes through the day, so use the rate on the day you buy.

The formula estimates the value of the gold content. It does not set the final jewellery price. A jeweller’s quote may add making charges, taxes and other disclosed costs, so compare itemised quotes and don’t rely on the calculated metal value alone.

What Is 14K Gold?

The “K” stands for karat, and 24 karat is the purest form. So 14K means 14 parts gold and 10 parts other metals such as copper, silver or zinc. The alloy generally makes 14K harder than higher-purity gold.

BIS marks this purity as 585. Its hallmarking guidance lists 14K585 among the mandatory grades, along with 18K750 and 22K916. Since 1 July 2021 a hallmark carries three marks: the BIS logo, the purity mark and a six-character HUID.

14K vs 24K vs 22K vs 18K vs 10K Gold: Price and Purity Comparison

Karat	Gold : alloy parts	Gold %	Alloy %	BIS hallmark	Estimated metal value per gram	Typical use
24K	24 : 0	99.9 (bullion)	0.1	24KS995 for jewellery	₹15,113	Coins, bars, investment
22K	22 : 2	91.6	8.4	22K916	₹13,854	Traditional jewellery
18K	18 : 6	75.0	25.0	18K750	₹11,335	Fine jewellery, diamond settings
14K	14 : 10	58.33	41.67	14K585	₹8,816	Everyday wear, diamond settings
10K	10 : 14	41.67	58.33	Not a BIS hallmark grade	₹6,297	Budget jewellery

*All values use one method and one date: the 24K rate of ₹15,113 per gram (Delhi, 12 October 2026, Goodreturns via HDFC Sky) multiplied by karat ÷ 24. They are estimated metal values, so a jeweller’s quoted rate for 22K or 18K can differ slightly. The 99.9% figure is bullion purity, while BIS lists 24K jewellery as 24KS995, which is 99.5%. BIS lists 14, 18, 20, 22, 23 and 24 karat as hallmarked grades, and 10K is not among them.

A 24K gram costs about 71% more than a 14K gram. Put the other way, 14K is about 42% cheaper.

Key Factors Affecting 14K Gold Price in India

As 14K is priced off the 24K rate, anything that moves 24K moves 14K by the same percentage. The main drivers:

• International gold prices: Gold is priced in dollars worldwide.
• The rupee-dollar rate: A weaker rupee raises the rupee price even if dollar gold is flat.
• Import duty: India imports most of its gold, so duty changes feed into local rates.
• Local demand: Festival and wedding seasons can add to buying, though the effect on price varies.
• Central bank buying and global tension: Both can push investors toward gold.

Two things are specific to the 14k gold price per gram. Its gold content is lower, so the metal costs less per gram. Making charges often don’t fall in step.

Is 14K Gold Good for Daily Wear?

Often, yes. 14K is a practical choice for everyday jewellery because its alloy content generally makes it harder than higher-purity gold, and it is commonly used for rings, chains and diamond settings. How well a piece lasts still depends on the alloy mix, design, workmanship and how it is worn.

Two cautions. First, jewellery is not a pure investment. Making charges and GST may not be recovered in full on resale, and what you get back depends on the buyer, the jeweller’s policy and the terms of the deal. Second, making charges can take a larger share of a 14K piece. If a jeweller charges a flat ₹500 per gram, that is 5.7% of the 14K metal value but 3.3% of the 24K rate.

How Do You Calculate Making Charges and GST on 14K Gold?

Making charges vary by jeweller and design. They may be a percentage of gold value or a flat amount per gram, so ask which one applies.

On a retail sale of gold jewellery, GST is 3% of the total transaction value. The GST Council’s jewellery FAQ says this applies “whether the making charge is shown separately or not”. A separate 5% rate applies to the job charges of a registered job worker, a service between businesses. It is not added to your retail bill.

Here is an illustration for a 5 g ring, using the 12 October 2026 base rate and an assumed 12% making charge (an assumption, not a market rate):

Item	Amount
Metal value: 5 g × ₹8,816	₹44,080
Making charges at 12%	₹5,290
Subtotal	₹49,370
GST at 3%	₹1,481
Total	₹50,851

14K Gold Jewellery Purchase & Investment Tips

Jewellery Store Buying Checklist

1. Compare the jeweller’s quoted rate with a credible reference for the same date, city and purity, such as IBJA or MCX. These are references, not always identical to a retail quote, so note which one you use.
2. Work out the estimated 14K metal value from the 24K rate.
3. Verify the 585 hallmark and HUID on the BIS Care app or at huidonline.bis.gov.in.
4. Ask for a bill that shows gold weight, purity, making charges, GST and any other charges separately.
5. Compare exchange and buyback terms before you pay.

If your goal is investing rather than wearing, 14K is the wrong tool, since you pay for design and alloy. Gold ETFs and other gold-linked products are explained in our guide to gold savings schemes. Check which options are open to new investors before you decide.

Final Key Takeaways

• 14K gold is 58.33% gold, marked 585, and its metal value is the 24K rate × 14/24.
• That value is an estimate. The final price adds making charges and 3% GST.
• Alloy makes 14K generally harder, so it suits daily wear and diamond settings.
• Making charges weigh more on a cheaper metal, and they may not be recovered on resale.
• Ask for an itemised bill and verify the hallmark and HUID.