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Gold & silver on 16 January 2023

On 16 January 2023, the All India Bullion benchmark for 24K gold (999) was ₹56,651 per 10 g and 999 silver was ₹68,862 per kg, recorded at 03:00 IST. That was −₹2 against the previous fix.

Recorded . India-wide reference rates. A city price differs by the local premium a dealer applies there.

Gold and silver bullion bars at an Indian bullion market counter
The All India Bullion fix for 16 January 2023, recorded at 03:00 IST in Zaveri Bazar, Mumbai.

Where that stood

Gold 999 (24K)

  • 7 days earlier: ₹55,775+1.57%
  • 30 days earlier: ₹53,728+5.44%

Silver 999

  • 7 days earlier: ₹68,191+0.98%
  • 30 days earlier: ₹65,806+4.64%

Every weight and purity on 16 January 2023

A 22K figure is a metal value at 916 fineness, not a jewellery invoice — making charges, wastage and 3% GST come on top.

Gold

24K per gram₹5,665
24K per 8 grams₹45,321
24K per 10 grams₹56,651
24K per tola1 tola = 11.6638 g₹66,077
24K per 100 grams₹5,66,510
22K per gramDerived at 916 fineness₹5,189
22K per 10 gramsDerived at 916 fineness₹51,892
22K per tolaDerived at 916 fineness₹60,526

Silver

999 per gram₹69
999 per 10 grams₹689
999 per 100 grams₹6,886
999 per kilogram₹68,862

Questions, answered

Gold and silver on 16 January 2023 — common questions

What was the gold rate on 16 January 2023?

24K gold (999) was ₹56,651 per 10 g — ₹5,665 per gram and ₹66,077 per tola.

What was the 22K gold rate on 16 January 2023?

About ₹51,892 per 10 g, or ₹5,189 per gram. 22K is 916 fine; a jewellery invoice adds making charges, wastage and 3% GST.

What was the silver rate on 16 January 2023?

999 silver was ₹68,862 per kg, which is ₹69 per gram and ₹6,886 per 100 g.

How much has gold changed since 16 January 2023?

Gold is up 146.96% since 16 January 2023.

Is this the gold rate for my city?

No. This is an India-wide reference reading. A city price adds the local premium a dealer applies there, so it can differ by a few hundred rupees per 10 g.