Gold & silver on 31 May 2023
On 31 May 2023, the All India Bullion benchmark for 24K gold (999) was ₹61,842 per 10 g and 999 silver was ₹72,473 per kg, recorded at 03:00 IST. That was +₹146 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: ₹62,021−0.29%
- 30 days earlier: ₹61,452+0.63%
Silver 999
- 7 days earlier: ₹72,406+0.09%
- 30 days earlier: ₹73,846−1.86%
Every weight and purity on 31 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 | ₹6,184 |
|---|---|
| 24K per 8 grams | ₹49,474 |
| 24K per 10 grams | ₹61,842 |
| 24K per tola1 tola = 11.6638 g | ₹72,131 |
| 24K per 100 grams | ₹6,18,420 |
| 22K per gramDerived at 916 fineness | ₹5,665 |
| 22K per 10 gramsDerived at 916 fineness | ₹56,647 |
| 22K per tolaDerived at 916 fineness | ₹66,072 |
Silver
| 999 per gram | ₹72 |
|---|---|
| 999 per 10 grams | ₹725 |
| 999 per 100 grams | ₹7,247 |
| 999 per kilogram | ₹72,473 |
Questions, answered
Gold and silver on 31 May 2023 — common questions
What was the gold rate on 31 May 2023?
24K gold (999) was ₹61,842 per 10 g — ₹6,184 per gram and ₹72,131 per tola.
What was the 22K gold rate on 31 May 2023?
About ₹56,647 per 10 g, or ₹5,665 per gram. 22K is 916 fine; a jewellery invoice adds making charges, wastage and 3% GST.
What was the silver rate on 31 May 2023?
999 silver was ₹72,473 per kg, which is ₹72 per gram and ₹7,247 per 100 g.
How much has gold changed since 31 May 2023?
Gold is up 126.23% since 31 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.
