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Gold & silver on 12 March 2023

On 12 March 2023, the All India Bullion benchmark for 24K gold (999) was ₹57,001 per 10 g and 999 silver was ₹64,214 per kg, recorded at 03:00 IST. That was +₹49 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 12 March 2023, recorded at 03:00 IST in Zaveri Bazar, Mumbai.

Where that stood

Gold 999 (24K)

  • 7 days earlier: ₹56,776+0.40%
  • 30 days earlier: ₹58,195−2.05%

Silver 999

  • 7 days earlier: ₹65,770−2.37%
  • 30 days earlier: ₹67,350−4.66%

Every weight and purity on 12 March 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₹5,700
24K per 8 grams₹45,601
24K per 10 grams₹57,001
24K per tola1 tola = 11.6638 g₹66,485
24K per 100 grams₹5,70,010
22K per gramDerived at 916 fineness₹5,221
22K per 10 gramsDerived at 916 fineness₹52,213
22K per tolaDerived at 916 fineness₹60,900

Silver

999 per gram₹64
999 per 10 grams₹642
999 per 100 grams₹6,421
999 per kilogram₹64,214

Questions, answered

Gold and silver on 12 March 2023 — common questions

What was the gold rate on 12 March 2023?

24K gold (999) was ₹57,001 per 10 g — ₹5,700 per gram and ₹66,485 per tola.

What was the 22K gold rate on 12 March 2023?

About ₹52,213 per 10 g, or ₹5,221 per gram. 22K is 916 fine; a jewellery invoice adds making charges, wastage and 3% GST.

What was the silver rate on 12 March 2023?

999 silver was ₹64,214 per kg, which is ₹64 per gram and ₹6,421 per 100 g.

How much has gold changed since 12 March 2023?

Gold is up 145.44% since 12 March 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.