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Gold SIP calculator

Written and reviewed by Omm · Last reviewed · General information, not investment advice

See what a fixed monthly investment in gold could build up to. Enter the monthly amount, today’s price per gram, the yearly rise in the gold price you want to assume and the number of years; the calculator shows the grams you collect, the money you put in and what the gold is worth at the end.

Related: Gold and silver return calculator · Gold and silver jewellery price calculator · SIP calculator

Between 100 and 10000000

Between 100 and 1000000

%

Between -10 and 30

years

Between 1 and 40

%

Between 0 and 15

The gold price shown at first is an example, not today’s rate. The yearly rise is an assumption: gold has had long stretches of falling and flat prices.

₹5,000 a month for 10 years puts in ₹6,00,000 and collects about 40.76 g of gold, worth ₹8,80,016 if the price rises 8% a year.

Value at the end

₹8,80,016

Amount invested

₹6,00,000

Estimated gain

₹2,80,016

Gold collected

40.76 g

Average cost per gram

₹14,720

Price per gram at the end

₹21,589

Year 1Year 10
ValueInvested
Year-by-year breakdown
YearInvestedGoldValue
1₹60,0005.62 g₹60,747
2₹1,20,00010.83 g₹1,26,354
3₹1,80,00015.66 g₹1,97,209
4₹2,40,00020.12 g₹2,73,733
5₹3,00,00024.25 g₹3,56,379
6₹3,60,00028.08 g₹4,45,636
7₹4,20,00031.63 g₹5,42,034
8₹4,80,00034.91 g₹6,46,143
9₹5,40,00037.95 g₹7,58,582
10₹6,00,00040.76 g₹8,80,016

How it works

Grams bought in a month = monthly amount ÷ (1 + cost) ÷ price that month; price after t years = price today × (1 + rise)ᵗ; value = total grams × price at the end

Each month the same amount buys gold at that month’s price, so it buys fewer grams as the price rises. The calculator assumes the price rises smoothly at the yearly rate you enter, adds up the grams bought month by month, and values them at the price at the end.

The cost on every purchase covers what does not turn into gold: GST on physical or digital gold, and the gap between buying and selling prices. If you invest through a gold mutual fund or ETF, set the cost to 0 and lower the assumed rise by the fund’s yearly expense ratio instead.

The yearly rise is an assumption, not a forecast. Gold has had long stretches when its price fell or stayed flat, so try a low figure as well as a high one. The price you enter is always your own; the site has no gold price feed.

Example. ₹5,000 a month for 10 years, starting at ₹10,000 a gram, with the price assumed to rise 8% a year and 3% lost to costs on each purchase, puts in ₹6,00,000, collects about 40.76 grams and is worth about ₹8,80,016 at the end.

Read the guide: Buying gold and silver: jewellery, coins, funds and what each costs.

Frequently asked questions

What is a gold SIP?

It is a fixed amount invested in gold every month. It can be done through a gold mutual fund or gold ETF, through digital gold, or through a jeweller’s monthly scheme. Buying a little each month spreads your purchases across high and low prices.

How is the value of a gold SIP calculated?

Each month’s amount is divided by that month’s gold price to get the grams bought. The grams are added up and multiplied by the price at the end. The price path comes from the yearly rise you enter, so the result is only as good as that assumption.

What yearly rise in the gold price should I assume?

There is no safe number. Gold’s return has varied a great deal from one period to another, with some long flat or falling stretches. Use a cautious figure, compare a few, and do not treat any of them as a promise.

What is the cost on every purchase?

For physical and digital gold it is mainly GST, which has been 3%, plus the spread between the buying and selling price. Jewellery adds making charges, which are usually not recovered on selling. Gold mutual funds and ETFs do not charge GST on units but take a yearly expense ratio.

Does this include tax on the gain?

No. Tax depends on the form in which you hold gold and for how long, and the rules have changed in recent years. Check the current rules before selling.

Can I use this for silver?

Yes. Enter the silver price per gram and the rise you want to assume; the maths is the same.

Sources

Rules, rates and definitions on this page come from these official sources. Check the current position there before you decide.

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