Gold & silver on 5 May 2023
On 5 May 2023, the All India Bullion benchmark for 24K gold (999) was ₹62,029 per 10 g and 999 silver was ₹74,786 per kg, recorded at 03:00 IST. That was +₹32 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: ₹61,424+0.98%
- 30 days earlier: ₹59,017+5.10%
Silver 999
- 7 days earlier: ₹73,623+1.58%
- 30 days earlier: ₹71,570+4.49%
Every weight and purity on 5 May 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 | ₹6,203 |
|---|---|
| 24K per 8 grams | ₹49,623 |
| 24K per 10 grams | ₹62,029 |
| 24K per tola1 tola = 11.6638 g | ₹72,349 |
| 24K per 100 grams | ₹6,20,290 |
| 22K per gramDerived at 916 fineness | ₹5,682 |
| 22K per 10 gramsDerived at 916 fineness | ₹56,819 |
| 22K per tolaDerived at 916 fineness | ₹66,272 |
Silver
| 999 per gram | ₹75 |
|---|---|
| 999 per 10 grams | ₹748 |
| 999 per 100 grams | ₹7,479 |
| 999 per kilogram | ₹74,786 |
Questions, answered
Gold and silver on 5 May 2023 — common questions
What was the gold rate on 5 May 2023?
24K gold (999) was ₹62,029 per 10 g — ₹6,203 per gram and ₹72,349 per tola.
What was the 22K gold rate on 5 May 2023?
About ₹56,819 per 10 g, or ₹5,682 per gram. 22K is 916 fine; a jewellery invoice adds making charges, wastage and 3% GST.
What was the silver rate on 5 May 2023?
999 silver was ₹74,786 per kg, which is ₹75 per gram and ₹7,479 per 100 g.
How much has gold changed since 5 May 2023?
Gold is up 125.55% since 5 May 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.
