Zakaat on 2 gold bangles?

Question ID: 
518
ano*** asks:

Question

Assalaamoualaikum I have 2 gold bangles weighing 26g(21karat) but no cash.nisaab for cash is 30000rs& nisaab of gold is87.48g.I assume zakaat is not faraz on me as I own less than the nisaab for gold! But when I convert my 26gof gold into rs it's more than 30000rs. Is zakaat faraz on me?please explain! Jazaakallah

Answer

Wa alaikumus salaam. Conversion for the purpose of knowing the value is necessary only when one has different objects as gold, silver and commercial commodities. But if somebody has only gold in his possession, in this case only its weight will be taken into consideration not its value, even if its value maybe above the amount of nisaab. In your case there is no zakaat in the bangles because it is under the weight of nisaab of gold.