What is the nisaab of gold?

Answered according to Hanafi Fiqh by DarulUloomTT.net
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Is there a nisaab for gold in order to pay zakaat? Can you explain what is the correct way to go about weighing your gold jewellery? Jazakallah.
Wa Alaikum Assalaam,

A: Yes, there is a nisaab for gold.

With respect to the gold in jewellery, take it to a jeweller and ask them to weigh it. When it is  weighed, find out what is the cost of that amount of gold and pay 2.5% on it.

And Allah Knows Best,

Mufti Waseem Khan.