Zakat on Gold & Silver
Zakat on gold and silver is 2.5% of their current market value, owed once you have held them for one lunar year and your total zakatable wealth exceeds nisab. Gold and silver are the assets nisab itself is defined by, so they are almost always zakatable when held as savings or investment.
Calculate
Value bullion, coins, and bars at today's spot price. Weigh the metal and multiply by the current per-gram price; karat purity matters for jewelry (24k is pure, 18k is 75%).
Credit cards, personal loans, or other debts due within the lunar year.
Gold & Silver Zakat Chart (2026)
Prices update live based on current spot; refresh for the latest.
Gold
| Weight | Market value | Zakat due (2.5%) |
|---|---|---|
| 1 tola (11.66 g) | $1,523 | $38.07 |
| 10 g | $1,306 | $32.65 |
| 1 oz | $4,062 | $101.54 |
| 50 g | $6,529 | $163.24 |
| 85 g (nisab) | $11,100 | $277.50 |
| 100 g | $13,059 | $326.47 |
85 g of gold is the nisab threshold for gold.
Silver
| Weight | Market value | Zakat due (2.5%) |
|---|---|---|
| 1 oz | $59 | $1.48 |
| 100 g | $190 | $4.75 |
| 250 g | $475 | $11.88 |
| 500 g | $950 | $23.75 |
| 595 g (nisab) | $1,131 | $28.26 |
| 1 kg | $1,900 | $47.50 |
595 g of silver is the nisab threshold (some scholars cite ~612 g).
Jewelry worn for personal use may be exempt under the majority Maliki, Shafi'i, and Hanbali view; the Hanafi school holds all gold and silver zakatable. Follow the ruling of the school you adhere to.
How gold and silver are valued for zakat
Zakat on precious metals is assessed on current market value, not what you originally paid. Weigh your gold and silver, multiply by today's spot price per gram, and apply 2.5%. For jewelry that isn't pure, adjust for karat: 18-karat gold is 75% gold, 22-karat is about 91.6%.
Gold and silver have their own nisab thresholds: 85 grams of gold or 595 grams of silver. Because silver's nisab is far lower in dollar terms, holding even a modest amount of silver can put you over the silver nisab. The calculator above uses the gold nisab; the silver benchmark is lower, so if you hold mostly silver, your zakat may be due at a lower threshold.
The personal jewelry debate
Scholars differ on zakat for gold and silver jewelry worn for personal use. The Hanafi school holds that all gold and silver are zakatable regardless of use, including everyday jewelry. The majority Maliki, Shafi'i, and Hanbali view exempts jewelry that is genuinely for personal adornment and within customary limits.
There is broad agreement that gold and silver held as investment, savings, bullion, coins, or jewelry kept primarily as a store of wealth are fully zakatable. If your jewelry is an investment in disguise, the exemption does not apply. Because this is a genuine point of difference, follow the ruling of the scholar or school you adhere to.
Other metals and gold-backed holdings
The zakat obligation on metals applies specifically to gold and silver. Platinum, palladium, and other precious metals are treated by most contemporary scholars as trade goods, zakatable only if held for resale.
Gold-backed financial products — ETFs, allocated gold accounts, and digital gold — are generally treated as if you own the underlying metal: zakatable at 2.5% of market value. Add their value to your physical gold and silver above.
Frequently Asked Questions
- Do I owe zakat on my wedding jewelry?
- It depends on the school you follow. The Hanafi view is that all gold and silver jewelry is zakatable; the majority view exempts jewelry genuinely worn for personal adornment. Consult your scholar, especially if the pieces double as a store of wealth.
- Which price do I use — the day I bought it or today?
- Today's market value on your zakat anniversary. Zakat on gold and silver always tracks current spot price, not your purchase cost.
- I have a little gold and a little silver but neither alone reaches nisab. Do I combine them?
- Yes. The majority view is that gold and silver (and cash) are combined to determine whether you cross nisab, since they share the function of stored monetary wealth.
- How do I value jewelry that isn't pure gold?
- Adjust for karat. 24k is pure; 22k is roughly 91.6% gold; 18k is 75%. Multiply the weight by the purity, then by the per-gram spot price. Some jewelers will tell you the precise gold content.
- Does the gold nisab or silver nisab apply to me?
- Scholars differ. The silver nisab is lower, so using it captures more people and is more cautious toward the poor; the gold nisab is a common default for cash-heavy wealth. This calculator uses the gold nisab. Ask your scholar which is appropriate for your situation.