Damgha — Your companion in the gold market.
Is the labor cost you paid fair? Enter the price, weight, and type of piece, and Damgha will calculate the actual labor cost and give you an instant verdict: competitive, fair, requires comparison, or high.
What does Damgha offer?
- Real-time gold prices — All karats (24, 22, 21, 18) in Saudi Riyals, automatically updated.
- Labor cost calculator — Breaks down the raw gold value from the labor cost, automatically deducts VAT, and gives you a calculated verdict based on the piece type (bangle, necklace, set, ring, ingot) and its origin (Saudi, Gulf, Turkish, Indian, Italian).
- Shop comparison — Record shop offers as you browse the market, and we'll sort them from cheapest to most expensive to find the best offer.
- Selling section — The expected fair range for selling your gold today, and an instant check of any shop's offer.
- Gold zakat calculator — Always free. Convert each karat to its pure gold equivalent, compare it to the legal minimum (85 grams), and calculate one-quarter of one-tenth (2.5%).
- Gold Market Tips — How to ask about the workmanship fee, why it's not refunded upon sale, and when a high workmanship fee is truly justified.
Fairness for both parties: The stamp doesn't target gold shops. A high workmanship fee isn't necessarily a scam — delicate designs and imported pieces do indeed cost more, and we're being honest about that. Our goal is for you to know what you're paying for, not to accuse anyone.
Note: All figures are indicative estimates based on market averages and are not official valuations or financial advice. Always verify the weight and karat, and compare prices at multiple shops. The final decision is yours.
Stamp, Gold, 21 Karat, Gold Calculator
Stamp — your companion in the gold market.