Metal rates
How head office sets the gold, silver and platinum rate for each market, where rates can come from, the 48-hour rule and the price formula.
Jewellery priced from the metal rate needs a current rate for its market and metal. The Metal rates tab holds one rate per market (country and currency) per metal: gold, silver and platinum, as a price per gram of fine metal.
Where rates come from
| Source | How it works |
|---|---|
| Entered by head office | A person types the rate. A change of more than 10% asks for a second confirmation. |
| Proposed live rate | Ateliq proposes a live market rate every six hours. Head office confirms or dismisses each proposal; nothing changes until it is confirmed. |
| Indexed to the market | Each hour, Ateliq moves head office's last confirmed rate with the market, keeping your premium, duty and tax basis. It holds off on a move of more than 10%, or if the confirmed rate it started from is more than 30 days old. |
Entering or confirming a rate needs write access. Anyone with Retail access can see the rates. The last 30 entries for each market and metal are kept as history.
The 48-hour rule
A rate is valid for 48 hours. A metal-rate piece whose rate is missing, older than 48 hours, or set for another market is left out of that store's feed. On the screen, such a piece leaves the screen or shows Price at the counter, and the stylist won't quote it. See Jewellery at the counter.
The price formula
net weight (g) × rate per gram × fineness ÷ 1000
+ making (a percentage, per gram, or flat)
+ stones value
+ 3% GST in India
= price, rounded to the currency's unit (whole rupees for INR)A store's own price override, if set, takes precedence over the metal-rate price. Making charges and the stones value are never sent to the screens as separate fields; the screens receive the finished price and its breakdown.
Setting up a piece for metal-rate pricing
In the product's jewellery details (or the CSV columns): metal type, fineness (for example 916 for 22K), net weight in grams, making type and value, stones, and pricing set to metal-rate. Metal-rate pricing requires making charges. See Catalogue import.
Something missing or unclear? Write to pb@ateliq.co and we will answer and fix this page. Last reviewed 12 November 2026.