Gold & silver on 16 March 2023
On 16 March 2023, the All India Bullion benchmark for 24K gold (999) was ₹58,010 per 10 g and 999 silver was ₹67,417 per kg, recorded at 03:00 IST. That was +₹316 against the previous fix.
Recorded . India-wide reference rates. A city price differs by the local premium a dealer applies there.
Where that stood
Gold 999 (24K)
- 7 days earlier: ₹56,244+3.14%
- 30 days earlier: ₹57,906+0.18%
Silver 999
- 7 days earlier: ₹63,365+6.39%
- 30 days earlier: ₹67,652−0.35%
Every weight and purity on 16 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 | ₹5,801 |
|---|---|
| 24K per 8 grams | ₹46,408 |
| 24K per 10 grams | ₹58,010 |
| 24K per tola1 tola = 11.6638 g | ₹67,662 |
| 24K per 100 grams | ₹5,80,100 |
| 22K per gramDerived at 916 fineness | ₹5,314 |
| 22K per 10 gramsDerived at 916 fineness | ₹53,137 |
| 22K per tolaDerived at 916 fineness | ₹61,978 |
Silver
| 999 per gram | ₹67 |
|---|---|
| 999 per 10 grams | ₹674 |
| 999 per 100 grams | ₹6,742 |
| 999 per kilogram | ₹67,417 |
Questions, answered
Gold and silver on 16 March 2023 — common questions
What was the gold rate on 16 March 2023?
24K gold (999) was ₹58,010 per 10 g — ₹5,801 per gram and ₹67,662 per tola.
What was the 22K gold rate on 16 March 2023?
About ₹53,137 per 10 g, or ₹5,314 per gram. 22K is 916 fine; a jewellery invoice adds making charges, wastage and 3% GST.
What was the silver rate on 16 March 2023?
999 silver was ₹67,417 per kg, which is ₹67 per gram and ₹6,742 per 100 g.
How much has gold changed since 16 March 2023?
Gold is up 141.17% since 16 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.
