Name
1 Gram
1 Tola
Gold 22 Karat (NPR ₨)
10,703
124,838
Gold 20 Karat (NPR ₨)
9,730
113,489
Gold 18 Karat (NPR ₨)
8,757
102,140
Gold 16 Karat (NPR ₨)
7,784
90,791
After Australia, Colombia in South America is known for having the cheapest gold rates. According to Forbes, the capital city Bogota has the cheapest gold rates. The reason is that this place is also filled with gold reserves. The price of 1 gram of 24k gold in Colombia is COP 307,720 per gram (Indian rupees 6,351).
One of the reasons for a cheaper gold rate in Dubai is zero GST (goods and services tax) on bullion and gold jewellery, while India imposes 3% GST on gold. Apart from this, Dubai jewellery stores charge a reasonable manufacturing cost, which makes 24K gold in Dubai approximately 5% to 7% cheaper than in India.
Preparing the Gold
- Design & Measurements
Design your bangle. Decide on the width, thickness, and any design elements (e.g., engraving, texture).
Measure the wrist size of the person for whom the bangle is intended. A standard women’s bangle is typically 2.4 to 2.6 inches in diameter, while men’s are usually slightly larger.
Plan the material: Estimate how much gold you will need based on your design and size measurements. - Preparing the Gold
Cut the gold into a manageable shape (a strip or wire). For a classic round bangle, a gold wire or strip is often the easiest material.
Heat treatment: Depending on the type of gold you are working with (e.g., 24k, 18k), you may want to heat it gently to soften the metal, making it easier to work with. - Shaping the Bangle
Use a mandrel: Place the gold wire or strip around a mandrel (a cylindrical tool) to start forming the round shape. The mandrel size should match the desired diameter of the bangle.
Hammer gently: With a wooden or rubber mallet, lightly tap the gold to help it conform to the mandrel. Take care not to overwork the metal to avoid cracking.
Trim excess material: If necessary, trim off any extra length using a jeweler’s saw to match the desired circumference.