Setting Daily Live Metal & Gemstone Rates in JewelBill
Configure daily morning gold, silver, and gemstone board rates to accelerate counter billing and eliminate pricing mistakes.
Step-by-Step Instructions
Open Daily Metal Rates Screen
From the dashboard header, tap the Gold Rate icon or go to Settings > 'Daily Metal Rates'.
Set 24K Pure Gold Board Rate
Input today's market rate for 24K Pure Gold (per gram).
Automatic Karat Conversion
JewelBill automatically computes recommended board rates for 22K (91.6%), 18K (75.0%), and 14K (58.5%), which you can adjust based on local association rates.
Set Silver & Platinum Rates
Enter prevailing market rates for 925 Sterling Silver, Pure Silver bullion, and Platinum per gram.
Maintain Gemstone Base Rates
Update baseline rates for standard commercial diamonds (per cent/carat) and colored gemstones.
Expected Outcome
Every new invoice created throughout the trading day automatically pre-fills the correct prevailing board rates, eliminating manual price calculation errors.
Important Points & Common Pitfalls
- Forgetting to update board rates in the morning before generating counter invoices during volatile gold price swings.