Goldsmith's Knowledge Hub

Master the math, pricing, and business of jewellery — from scrap gold to custom manufacturing.

Gold Basics

How gold karats work — the complete guide

What does 18K actually mean? Learn how gold purity is measured, why it matters for pricing, and how to identify karats by hallmark.

6 min read
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Pricing & Business

How to price scrap gold accurately

The step-by-step method professional goldsmiths use to calculate exactly what to pay for any karat of scrap gold — and protect their margin every time.

8 min readRead article
Gold Basics

Gold alloy purity conversion — the math explained

How much 24K gold do you need to add to convert 9K gold to 18K? Here's the complete formula with worked examples for any karat combination.

7 min readRead article
Manufacturing

Understanding jewellery manufacturing costs

Every cost component in custom jewellery manufacturing — from metal and stones to CAD, casting, and finishing. With industry benchmarks.

10 min readRead article
Pricing & Business

Setting your profit margin as a goldsmith

What margin should you charge? B2B vs B2C, market benchmarks by region, and the pricing psychology behind why higher prices sometimes sell better.

6 min readRead article
Market Knowledge

Gold price basics: spot price, merchant price, and why they differ

The gold price on your phone is not the price your supplier charges. Here's why — and how to use the right price in your calculations.

5 min readRead article
Manufacturing

Stone setting labor costs — a regional guide

What should you pay (or charge) for stone setting? A breakdown by setting type with EU, US, and Middle East benchmarks.

5 min readRead article
Pricing & Business

How to generate professional invoices as a jeweller

What belongs on a jewellery invoice, legal requirements by country, and why your invoice is also a marketing tool.

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Calculators

How to use the Scrap Gold Calculator — a complete walkthrough

Step-by-step guide to calculating the exact price to offer a client selling scrap gold. Learn how weight, karat, merchant price, and your profit margin combine to give you a confident buy price every time.

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Calculators

How to use the Manufacturing Calculator — price any jewellery piece accurately

A complete walkthrough of Goldify's Manufacturing Calculator. Learn how to enter metal costs, labor, stones, and overhead to get an accurate selling price for any custom jewellery piece.

7 min readRead article