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Gold & silver on 16 June 2023

On 16 June 2023, the All India Bullion benchmark for 24K gold (999) was ₹60,890 per 10 g and 999 silver was ₹73,470 per kg, recorded at 03:00 IST. That was +₹135 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 16 June 2023, recorded at 03:00 IST in Zaveri Bazar, Mumbai.

Where that stood

Gold 999 (24K)

  • 7 days earlier: ₹61,459−0.93%
  • 30 days earlier: ₹61,643−1.22%

Silver 999

  • 7 days earlier: ₹74,283−1.09%
  • 30 days earlier: ₹72,937+0.73%

Every weight and purity on 16 June 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₹6,089
24K per 8 grams₹48,712
24K per 10 grams₹60,890
24K per tola1 tola = 11.6638 g₹71,021
24K per 100 grams₹6,08,900
22K per gramDerived at 916 fineness₹5,578
22K per 10 gramsDerived at 916 fineness₹55,775
22K per tolaDerived at 916 fineness₹65,055

Silver

999 per gram₹73
999 per 10 grams₹735
999 per 100 grams₹7,347
999 per kilogram₹73,470

Questions, answered

Gold and silver on 16 June 2023 — common questions

What was the gold rate on 16 June 2023?

24K gold (999) was ₹60,890 per 10 g — ₹6,089 per gram and ₹71,021 per tola.

What was the 22K gold rate on 16 June 2023?

About ₹55,775 per 10 g, or ₹5,578 per gram. 22K is 916 fine; a jewellery invoice adds making charges, wastage and 3% GST.

What was the silver rate on 16 June 2023?

999 silver was ₹73,470 per kg, which is ₹73 per gram and ₹7,347 per 100 g.

How much has gold changed since 16 June 2023?

Gold is up 129.77% since 16 June 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.