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Silver Exchange Calculator

Compare what your old silver jewellery is worth against the cost of new jewellery, using today's reference silver rate — see the exchange value, the new item's total, and what you'd pay or be credited.

See today's silver rate →How Silver Jewellery Exchange Value Is Calculated →
Old Jewellery

Jewellers often deduct a percentage for purity testing and margin — this varies by shop, so adjust it to match your estimate.

New Jewellery

Old Jewellery

Silver rate (per gram)
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Purity
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Weight
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Old Silver Value
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Deduction
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Exchange Value

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New Jewellery

Silver rate (per gram)
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Purity
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Weight
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Silver value
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Wastage
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Making charge
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Subtotal (before GST)
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GST
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New Jewellery Total

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Exchange Summary

Old Jewellery Exchange Value
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New Jewellery Total
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This is an estimate for reference only, not a guaranteed jeweller quote. Actual exchange value can differ based on the jeweller's purity testing method, deduction policy, making charges, wastage policy and applicable taxes.

How This Calculator Works

Old jewellery: weight × the reference silver rate for its purity, minus your deduction percentage, is the exchange value.

New jewellery: weight × the rate gives the silver value. Wastage and a percentage making charge are each a percentage of that value alone; a flat making charge is the amount you enter. Silver value + wastage + making charge is the subtotal, and adding GST to it gives the new total.

Final amount: new total − old exchange value. Positive is payable, negative is estimated credit, and zero means nothing more to pay.

Rates are manually updated reference rates, not a live feed; pre-filled values are examples, and a jeweller's actual terms may differ.