Gold & silver on 31 August 2023
On 31 August 2023, the All India Bullion benchmark for 24K gold (999) was ₹60,718 per 10 g and 999 silver was ₹75,944 per kg, recorded at 03:00 IST. That was −₹174 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: ₹60,393+0.54%
- 30 days earlier: ₹60,710+0.01%
Silver 999
- 7 days earlier: ₹74,875+1.43%
- 30 days earlier: ₹75,069+1.17%
Every weight and purity on 31 August 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 | ₹6,072 |
|---|---|
| 24K per 8 grams | ₹48,574 |
| 24K per 10 grams | ₹60,718 |
| 24K per tola1 tola = 11.6638 g | ₹70,820 |
| 24K per 100 grams | ₹6,07,180 |
| 22K per gramDerived at 916 fineness | ₹5,562 |
| 22K per 10 gramsDerived at 916 fineness | ₹55,618 |
| 22K per tolaDerived at 916 fineness | ₹64,871 |
Silver
| 999 per gram | ₹76 |
|---|---|
| 999 per 10 grams | ₹759 |
| 999 per 100 grams | ₹7,594 |
| 999 per kilogram | ₹75,944 |
Questions, answered
Gold and silver on 31 August 2023 — common questions
What was the gold rate on 31 August 2023?
24K gold (999) was ₹60,718 per 10 g — ₹6,072 per gram and ₹70,820 per tola.
What was the 22K gold rate on 31 August 2023?
About ₹55,618 per 10 g, or ₹5,562 per gram. 22K is 916 fine; a jewellery invoice adds making charges, wastage and 3% GST.
What was the silver rate on 31 August 2023?
999 silver was ₹75,944 per kg, which is ₹76 per gram and ₹7,594 per 100 g.
How much has gold changed since 31 August 2023?
Gold is up 130.42% since 31 August 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.
