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

Why accurate pricing matters

Most jewellers underprice their work because they forget to include all costs — CAD time, casting waste, packaging, platform fees. Goldify's Manufacturing Calculator ensures nothing is missed.

Overview of the calculator sections

1. Metal cost
2. Labor & craftsmanship
3. Stones & materials
4. Overhead
5. Pricing & markup

Section 1: Metal cost

How to fill in:

• Select the metal type (Gold / Silver / Platinum).
• Select the karat or purity.
• Enter the finished piece weight in grams.
• Live price auto-fetches for the selected metal and purity.
• Set wear & tear % (3 – 8% is typical for casting).

Metal cost = weight × price/g × (1 + waste%)

Section 2: Labor & Craftsmanship

Quick mode

Enter total hours and hourly rate. Best for simple pieces or quick estimates when you don't need to break the work down.

Detailed mode

Break costs down by process for accurate quoting:

• CAD design: hours × rate
• 3D printing: resin cost + machine depreciation
• Casting: hours × rate (or per-flask fee)
• Stone setting: auto-pulled from the Stones section
• Finishing: flat rate or hours × rate

Section 3: Stones & Materials

How to add stones:

• Click + Add item.
• Select the stone type from the dropdown (30+ options — diamonds, rubies, sapphires, CZ, etc.).
• Select shape and carat weight.
• Enter your cost per carat.
• Add setting labor per stone.

Stone setting labor flows automatically into the labor total — not the stone cost — so your cost breakdown stays accurate.

Section 4: Overhead

Often-forgotten costs that quietly eat your margin:

• Packaging (box, pouch, ribbon)
• Platform fees (Etsy, Instagram Shop)
• Payment processing (Stripe, PayPal)
• Photography, hallmarking

Section 5: Pricing & Markup

Goldify supports two pricing modes:

• B2B mode: suggested 20 – 30% margin
• B2C mode: suggested 50 – 100% margin

You get three price outputs:

• Wholesale price: for selling to retailers.
• Recommended retail: your standard B2C selling price.
• Premium retail: for added branding or exclusivity value.

Reading the cost breakdown chart

How to interpret the donut/bar chart:

• Metal should be the largest segment for precious-metal pieces.
• If labor exceeds 40%, the piece probably needs a higher price.
• If overhead exceeds 15%, consider reducing platform fees or packaging cost.

Saving and exporting

• Save project with a client name attached for later lookup.
• Export PDF — cost sheet: internal view, shows all costs and margins.
• Export PDF — client quote: shows final price only — hides your costs.
• Create invoice: jumps straight into the Invoice Manager with the price pre-filled.

Pro tip: use the benchmarks panel

After saving a few calculations, expand Your pricing benchmarks at the bottom to compare new pieces against your history. Your average margin across all saved pieces is shown — a quick health check on your pricing.