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You must pay 2.5% of the total value of the gold you own, based on its current market price. As gold prices change regularly, it’s important to check the latest rates calculating your Zakat.
Example calculation (for reference only): Determine the total value of gold owned, so if you own 50 grams of 24-carat gold, and the price per gram of 24K gold is €133, then: 50 × €133 = €6,650 (total value of gold). Calculate 2.5% of the total value of your gold, then: zakat is €166.25.
Either add this value to your other zakatable assets (such as cash, savings, etc.) if you have these assets. For example, if you have saving of €10,000 plus gold of €6,650 = your zakat would be €416.25 (Zakat due).
Or calculate the Zakat due on the gold alone as follows: €6,650 × 0.025 = €166.25 (Zakat due).
This method ensures that if you have multiple zakatable assets, you can consolidate them before calculating Zakat.
You can work out the value of your precious metals by weight in grams by using our Zakat calculator.
Zakat is not just a duty on those with wealth given for the love of Allah, but a right that the poor have over us.
Those with sufficient wealth are noted in the Holy Qur’an as for:
“Those in whose wealth there is a recognised right for the needy and the poor” (70:24-25).
Gold Rate for Zakat: €133 per gram
Your Zakat has funded some of our crucial work with people and communities living in disaster and war zones: drought and famine-struck countries across East Africa; communities affected by conflict in Yemen; and families in war-torn Syria struggling to survive one day to the next.
Your Zakat has supported communities to build sustainable livelihoods in the face of climate change and to build better lives for vulnerable orphans and families across the globe.
Alhamdulillah, your Zakat has the power to transform people’s lives. Help make this happen. Give your Zakat for the love of Allah.
Give your zakat today!
The nisab is the minimum amount of wealth a Muslim must possess before they become eligible to pay Zakat. This amount is often referred to as the nisab threshold.
Gold and silver are the two values used to calculate the nisab threshold.
Current Nisab threshold (6 February 2026):