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Making per gram vs percent

2023-09-14 · updated 2023-09-21

Left shop, making 14 percent. Right shop, making 850 per gram. Same looking chain roughly. I stood in sun confused which cheaper.

They are different languages for labour. You must convert both to rupees on same grams and same gold rate day. Then compare.

Percent side quick

Gold value first. Percent times that value. Heavy gold, percent making becomes big money even if percent looks small. Light fancy piece, percent can still hurt if high.

Per gram side quick

Grams times making per gram. Almost ignores gold rate for the making line. Rate still matters for metal line. Making line scales with weight only in this method.

I open making per gram tool for the right shop style. Type grams, type 850 or whatever they said. See making rupees. For left shop I use making percent tool with same gold value.

Worked example from my notebook

Rate 58,000 per 10g, piece 10 gram, gold value 58,000. Percent shop 14 percent making = 8,120. Per gram shop 850 × 10 = 8,500. So percent shop cheaper on making that day for this weight. Next month if rate jumps to 70,000, 14 percent making becomes 9,800. Per gram shop still 8,500 if they keep 850. Now per gram shop looks better on making. See, comparison flips when rate moves. That is why you recalc, dont memorize winner shop forever.

Two shop tags percent vs per gram making

What shops choose why

Fancy lightweight earrings, per gram making can be high because work heavy, gold little. Percent on small gold value might underpay artisan in their view, so they pick per gram or flat. Plain heavy kada, percent common. Ask method before bargaining.

Some tags show both confusingly. Ask which applies. Write on phone note.

Mistakes buyers do

Add percent making and per gram making both, double. Or compare 14 percent to 850 as if same units. Or forget GST difference. Or compare different weights pretending same design.

Another mistake, using old rate for percent side and new gossip for feeling. Same morning rate for both estimates.

When per gram feels honest to me

I see hours of work on filigree, stones setting labour, even if gold 3 gram. High per gram making may be fair. I still type number, decide if I want that art. Fair not always means I buy. Budget exists.

When percent feels honest

Simple polish, machine chain, weight is main product. Percent tracks metal value. I watch percent not crazy.

Use compare two making tool if both shops give percent. If one percent one per gram, convert both to rupees like I did.

Buyback later thought

Making you paid rarely returns full in buyback. Buyback leans on gold weight and their buy rate. High making art is for wearing joy, not for flipping. Per gram vs percent debate is purchase day debate mostly.

Closing after two cups chai

I dont hate either method. I hate unclear method. Get rupees for making on table. Then add gold, then tax talk. Walk or buy.

For per gram quotes, hit making per gram. For percent quotes, other tool. Same grams, same day rate on percent path.

Festival noise, boys shout offers. I step to scooter, type both, return with answer. Wife appreciates when I dont guess.

Rural relatives still say “making 500” without per gram words. I ask, 500 per gram or flat on item. Flat rare but happens on repair. Clarify.

Keep screenshots labeled shop A shop B. Later memory lies. Paper and phone dont.

If shop switches method mid talk, pause. Recalc. Smile, but pause.

I learned this the sweaty way between two shops in old market. Now muscle memory. You can borrow the habit without the sweat.

Third shop enters, flat making

Rare, but some say making two thousand flat on this pair. Then neither percent nor per gram. Just flat. Compare flat to your converted rupees from other shops. Flat easy. Still write it.

Labour inflation vs gold inflation

Per gram making may rise when artisan wages rise, even if gold flat. Percent making rises automatic when gold rate rises. Different inflation paths. I watch which shop adjusts which knob after big rate jumps in news.

Worked second example lighter piece

Piece 3 gram, rate 58,000 per 10g, gold value 17,400. Percent 14 percent making = 2,436. Per gram 850 × 3 = 2,550. Close. Now if per gram shop quotes 1500 per gram on fancy light earrings, making 4,500. Percent shop at 14 stays 2,436. Big gap. Fancy work may justify, or not, your call after seeing finish.

Emotional spend warning

Bride side wants heavy design, percent vs per gram math secondary to tears of joy. Still know the number so groom side budget plans. Math is not enemy of celebration. Quiet helper.

Use making per gram when quote is per gram language. Use percent tool for percent language. Never compare raw 14 to raw 850. Convert both to rupees on same grams same day.

Notes from old bills at home

I checked 2019 bill, making percent. 2022 bill, per gram on fashion jewellery. Same family shop changed method on category. Ask each purchase, dont assume loyalty method forever.

Write method on calendar when you buy. Future buyback talk clearer.

Sun hard on market street, two shops, two methods, one phone. That is the whole sport. Play it slow.

Side by side print habit

I print or screenshot both making results on one note app page. Left percent rupees, right per gram rupees. Share to spouse before yes. Decision faster when both numbers visible same font size. Mouth quotes fade, screenshots stay.

If shop changes quote while I type, I laugh, ask new number, recalc. No ego. Ego costs making.

Hollow chain 12 gram looks same as solid 12 gram from far. Making method may differ because work differ. Ask work type. Then pick tool matching their charge language.

I also watch if making per gram applies only above certain weight. Odd rules exist. Write rule in note.

Closing again because first closing was short. Use the tools, convert to rupees, ignore raw percent versus raw per gram staring match. Rupees decide. Design decides after. Wallet decides last veto.

Related tool: Making Per Gram

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