Skip the spreadsheet for gold price. ZakatSuite lets you compare your wealth with the gold nisab (87.48g) and silver nisab (612.36g) at today's prices in minutes, explains why each figure is included, and keeps the calculation in your browser — nothing is uploaded.
Getting gold price deserves care: tiny errors affect families awaiting your help. On this page's example, holdings reach USD 10,196, amounts owed: USD 714, netting USD 9,482, you pay USD 237. Bear in mind, obligation needs once you pass nisab plus one complete hawl - measured inside Nisab & Threshold Tools rather than rough estimates. Hence this page presents numbers for checking regarding your nisab threshold before you pay anything. Those entitled deserve precisely the amount fiqh assigns rather than your estimate.
The Gold Price Tracker is a free online tool in the Nisab & Threshold Tools category. The tool values both thresholds — 87.48 grams of gold and 612.36 grams of silver — in your chosen currency and tells you clearly whether your wealth has reached either one.
Everything runs in your browser: no account, no charge, no server copy. The PDF helps when several family members pay from similar holdings — each Gold Price result (USD 237 on the sample numbers) stays documented.
The tool exists for anyone whose wealth includes Gold Price and who wants a defensible figure before they pay. Typical users hold around USD 10,196 on the sample scale, reconcile a past estimated payment, or verify a figure from a previous year.
A pair of thresholds set the test for Gold Price before rates enter the picture. Gold sets its threshold at 87.48 grams in gold, some USD 6,685 at the reference price of USD 76.42 per gram used here. The silver Nisab is 612.36 grams in silver, roughly USD 600 at USD 0.98 per gram. On the worked numbers, net USD 9,482 — clears silver and sits below gold: the in-between zone where the anchor you follow decides. Treat both as indicative: the live tool re-prices both in your currency at the moment you calculate.
A Nisab tool answers the threshold question precisely: has this wealth reached the level at which Zakat becomes obligatory? The example threaded through this page values Gold Price at USD 10,196, deducts USD 714 and lands on USD 237 of Zakat. Wealth below both thresholds carries no Zakat; wealth reaching the silver Nisab but not the gold is still zakatable under the view most scholars recommend for cash and mixed assets. The same arithmetic in reverse: a due of USD 237 implies net zakatable wealth of about USD 9,480, because the rate is one-fortieth. The test applies to your net position — assets minus debts due — on the day your hawl completes.
Working through the Gold Price Tracker needs no account or special knowledge. Note down the balances, weights or counts first, then work through the steps in order. The worked example below shows the same steps on a net USD 9,482.
When the figure looks wrong, change one figure at a time and watch the breakdown. On the worked example, the gross of USD 10,196 is what drives the USD 237 result.
Worked example: enter net wealth of USD 10,196. The tool prices gold and silver live and reports which threshold the figure crosses. At USD 10,196 the silver Nisab (roughly USD 600) is passed comfortably, so 2.5% — USD 255 — would be due after a hawl. In threshold terms, that net 9,482 is 124.1 grams in gold terms and 9,676g of silver — about 1580% of the silver threshold, and the 2.5% is applied to that whole net figure.
Four pitfalls recur every year when people reach Gold Price. Checking them against the worked example (net USD 9,482) takes two minutes and protects the whole payment.
Scholars have examined calculators like this one closely, and their conclusions agree in outline. Scholars who anchor cash to silver argue from the threshold's purpose (a modest surplus, widely shared). The example threaded through this page values Gold Price at USD 10,196, deducts USD 714 and lands on USD 237 of Zakat. Those who anchor to gold argue from money's historical definition. The tool serves both by never hiding either number.
It works through gold price, built around is compared with each in, ahead of any deduction. An example on it: gross wealth USD 10,196, debts: USD 714, netting USD 9,482, pay USD 237. Every entered line stays traceable back to source. Feel free to adjust any value and check the result update instantly.
Absolutely, yes. The full ZakatSuite collection charges no fee ever and no account is required. Amounts you input for gold price remain on your device and rerun them anytime. Find it inside the Nisab & Threshold Tools collection, alongside similar tools for your next question. Nothing is charged, ever.
Yes - the report records your margin above nisab from your gold price in a single document. Its example result, USD 237 comes directly from wealth of USD 10,196 after USD 714 deductions. Keep that file with the charity's receipt email keeping the record complete. Email reminders are offered too.
The picker lists 195 countries each with its own currency, for example Germany with totals kept in EUR. Selecting a country recalculates nisab in both metals from current metal prices so nothing feels foreign. When wealth behind gold price sits in two countries, decide by payment place, changing foreign sums at the due-date rate.
In a routine gold price position, the standard method generally suffices here: nisab passed, twelve lunar months passed, 2.5% paid. Ask a knowledgeable scholar if you are dealing with or a mid year dip because details decide such rulings. They can also review which nisab standard your circumstances genuinely require.
Estimates follow widely used Shariah principles. For complex cases, confirm with a qualified scholar.