Rate Methodology & Transparency

Built for trust: this page explains how we compute rates shown on GoldNest AI.

1) Base market rates

We start with a global/base market benchmark for gold and silver from our connected rates system.

2) Purity conversion

24K benchmark is converted into 22K, 18K, and 14K using purity multipliers for practical jewellery pricing use.

3) City premium layer

Each city can have a premium/adjustment to reflect local trade dynamics, logistics, and market behavior.

4) Update cycle

Rates are refreshed in near real-time. “Last updated” timestamps are shown on key pages to indicate freshness.

5) Scope & disclaimer

  • Displayed rates are reference rates for decision support.
  • Final buy/sell price at a store may include making charges, tax, assay, and policy differences.
  • For invoices/transactions, always verify with your final bill and purity test.