Q: I haven’t paid Zakat on my gold for a number of years. Which rate do I consider if I am paying now? Today’s rate or the rate of gold in those years?
When paying for missed Zakat on gold, one will take into account the value of gold in the previous years. Hence, work out how much your gold was worth in the previous years on your Zakat day.
You may visit the following link to help calculate the value of your gold:
And Allah knows best!
Mufti Faraz Adam