Skip to content

Gold & silver on 20 March 2023

On 20 March 2023, the All India Bullion benchmark for 24K gold (999) was ₹58,820 per 10 g and 999 silver was ₹68,625 per kg, recorded at 03:00 IST. That was unchanged from 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 20 March 2023, recorded at 03:00 IST in Zaveri Bazar, Mumbai.

Where that stood

Gold 999 (24K)

  • 7 days earlier: ₹57,000+3.19%
  • 30 days earlier: ₹57,539+2.23%

Silver 999

  • 7 days earlier: ₹64,213+6.87%
  • 30 days earlier: ₹66,910+2.56%

Every weight and purity on 20 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₹5,882
24K per 8 grams₹47,056
24K per 10 grams₹58,820
24K per tola1 tola = 11.6638 g₹68,606
24K per 100 grams₹5,88,200
22K per gramDerived at 916 fineness₹5,388
22K per 10 gramsDerived at 916 fineness₹53,879
22K per tolaDerived at 916 fineness₹62,844

Silver

999 per gram₹69
999 per 10 grams₹686
999 per 100 grams₹6,863
999 per kilogram₹68,625

Questions, answered

Gold and silver on 20 March 2023 — common questions

What was the gold rate on 20 March 2023?

24K gold (999) was ₹58,820 per 10 g — ₹5,882 per gram and ₹68,606 per tola.

What was the 22K gold rate on 20 March 2023?

About ₹53,879 per 10 g, or ₹5,388 per gram. 22K is 916 fine; a jewellery invoice adds making charges, wastage and 3% GST.

What was the silver rate on 20 March 2023?

999 silver was ₹68,625 per kg, which is ₹69 per gram and ₹6,863 per 100 g.

How much has gold changed since 20 March 2023?

Gold is up 137.85% since 20 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.