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Gold & silver on 28 February 2023

On 28 February 2023, the All India Bullion benchmark for 24K gold (999) was ₹56,456 per 10 g and 999 silver was ₹65,204 per kg, recorded at 03:00 IST. That was −₹203 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 28 February 2023, recorded at 03:00 IST in Zaveri Bazar, Mumbai.

Where that stood

Gold 999 (24K)

  • 7 days earlier: ₹57,440−1.71%
  • 30 days earlier: ₹57,806−2.34%

Silver 999

  • 7 days earlier: ₹67,272−3.07%
  • 30 days earlier: ₹68,771−5.19%

Every weight and purity on 28 February 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₹5,646
24K per 8 grams₹45,165
24K per 10 grams₹56,456
24K per tola1 tola = 11.6638 g₹65,849
24K per 100 grams₹5,64,560
22K per gramDerived at 916 fineness₹5,171
22K per 10 gramsDerived at 916 fineness₹51,714
22K per tolaDerived at 916 fineness₹60,318

Silver

999 per gram₹65
999 per 10 grams₹652
999 per 100 grams₹6,520
999 per kilogram₹65,204

Questions, answered

Gold and silver on 28 February 2023 — common questions

What was the gold rate on 28 February 2023?

24K gold (999) was ₹56,456 per 10 g — ₹5,646 per gram and ₹65,849 per tola.

What was the 22K gold rate on 28 February 2023?

About ₹51,714 per 10 g, or ₹5,171 per gram. 22K is 916 fine; a jewellery invoice adds making charges, wastage and 3% GST.

What was the silver rate on 28 February 2023?

999 silver was ₹65,204 per kg, which is ₹65 per gram and ₹6,520 per 100 g.

How much has gold changed since 28 February 2023?

Gold is up 147.81% since 28 February 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.