Gold Necklace Cost: 2-Tola Necklace Price Over 3 Lakhs with Charges and Tax

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News18•16-01-2026, 13:08
Gold Necklace Cost: 2-Tola Necklace Price Over 3 Lakhs with Charges and Tax
- •A 2-tola (20-gram) 22K gold necklace costs over Rs. 3 lakhs, including making charges and GST, based on Hyderabad market prices on January 16, 2026.
- •The base price for 20 grams of 22K gold is Rs. 2,62,900, with an additional 3% GST amounting to Rs. 7,887.
- •Making charges, which vary from 5% to 40% depending on design complexity, are estimated at 15% (Rs. 39,435) for this calculation.
- •The total estimated cost for the necklace is Rs. 3,12,193.75, excluding any stone costs.
- •Consumers are advised to demand a detailed breakup bill, understand 'value addition' components, and always purchase hallmarked jewelry.
Why It Matters: A 2-tola gold necklace costs over Rs. 3 lakhs due to high gold prices, making charges, and GST.
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