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Gold & silver on 8 May 2023

On 8 May 2023, the All India Bullion benchmark for 24K gold (999) was ₹62,111 per 10 g and 999 silver was ₹75,098 per kg, recorded at 03:00 IST. That was +₹88 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 8 May 2023, recorded at 03:00 IST in Zaveri Bazar, Mumbai.

Where that stood

Gold 999 (24K)

  • 7 days earlier: ₹61,452+1.07%
  • 30 days earlier: ₹59,149+5.01%

Silver 999

  • 7 days earlier: ₹73,846+1.70%
  • 30 days earlier: ₹72,043+4.24%

Every weight and purity on 8 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₹6,211
24K per 8 grams₹49,689
24K per 10 grams₹62,111
24K per tola1 tola = 11.6638 g₹72,445
24K per 100 grams₹6,21,110
22K per gramDerived at 916 fineness₹5,689
22K per 10 gramsDerived at 916 fineness₹56,894
22K per tolaDerived at 916 fineness₹66,360

Silver

999 per gram₹75
999 per 10 grams₹751
999 per 100 grams₹7,510
999 per kilogram₹75,098

Questions, answered

Gold and silver on 8 May 2023 — common questions

What was the gold rate on 8 May 2023?

24K gold (999) was ₹62,111 per 10 g — ₹6,211 per gram and ₹72,445 per tola.

What was the 22K gold rate on 8 May 2023?

About ₹56,894 per 10 g, or ₹5,689 per gram. 22K is 916 fine; a jewellery invoice adds making charges, wastage and 3% GST.

What was the silver rate on 8 May 2023?

999 silver was ₹75,098 per kg, which is ₹75 per gram and ₹7,510 per 100 g.

How much has gold changed since 8 May 2023?

Gold is up 125.25% since 8 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.