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Gold & silver on 7 July 2023

On 7 July 2023, the All India Bullion benchmark for 24K gold (999) was ₹60,244 per 10 g and 999 silver was ₹72,147 per kg, recorded at 03:00 IST. That was +₹182 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 7 July 2023, recorded at 03:00 IST in Zaveri Bazar, Mumbai.

Where that stood

Gold 999 (24K)

  • 7 days earlier: ₹60,032+0.35%
  • 30 days earlier: ₹61,378−1.85%

Silver 999

  • 7 days earlier: ₹71,345+1.12%
  • 30 days earlier: ₹73,417−1.73%

Every weight and purity on 7 July 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₹6,024
24K per 8 grams₹48,195
24K per 10 grams₹60,244
24K per tola1 tola = 11.6638 g₹70,267
24K per 100 grams₹6,02,440
22K per gramDerived at 916 fineness₹5,518
22K per 10 gramsDerived at 916 fineness₹55,184
22K per tolaDerived at 916 fineness₹64,365

Silver

999 per gram₹72
999 per 10 grams₹721
999 per 100 grams₹7,215
999 per kilogram₹72,147

Questions, answered

Gold and silver on 7 July 2023 — common questions

What was the gold rate on 7 July 2023?

24K gold (999) was ₹60,244 per 10 g — ₹6,024 per gram and ₹70,267 per tola.

What was the 22K gold rate on 7 July 2023?

About ₹55,184 per 10 g, or ₹5,518 per gram. 22K is 916 fine; a jewellery invoice adds making charges, wastage and 3% GST.

What was the silver rate on 7 July 2023?

999 silver was ₹72,147 per kg, which is ₹72 per gram and ₹7,215 per 100 g.

How much has gold changed since 7 July 2023?

Gold is up 132.23% since 7 July 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.