Gold ounce$3,963▲ 0.56% 24K gold / gram477.33 SAR▲ 0.56% 21K gold / gram418.08 SAR▲ 0.56% Silver / gram6.15 SAR▲ 0.51%

Making charge and VAT calculator

Split a shop invoice into raw gold value, VAT and making charge per gram, and compare shops on a common basis.

Saudi tool

Work out the making charge from your invoice

The shop gives you three numbers: weight, karat and final price. Enter them to split the invoice at today's price: raw gold value, VAT, and what you paid per gram in making charges.

Karat
Type of piece
Raw gold value today
… SAR
VAT included
… SAR
Total making charge
… SAR
Making charge per gram
… SAR
Premium over raw price
…

Method: VAT is removed from the final price (divide by 1.15 for jewelry), then the raw gold value (weight × purity × 24K gram price) is subtracted. The remainder is making charge and margin. 24K gram price used: … SAR.

What is a reasonable making charge?

It varies by design and brand: a few riyals per gram on bars, tens of riyals on complex jewelry. Compare making charge per gram, not piece price.

Why is VAT on the total?

15% VAT applies to the full jewelry price including gold value and making charge, not the making charge alone. Bars of 99% purity or higher are zero-rated.

Frequently asked questions

What if the result is negative?

It means the final price is below raw gold value, which happens with a wrong weight or karat or an unusual offer. Check the inputs.