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Gold & silver on 2 October 2023

On 2 October 2023, the All India Bullion benchmark for 24K gold (999) was ₹59,227 per 10 g and 999 silver was ₹70,171 per kg, recorded at 03:00 IST. That was −₹544 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 2 October 2023, recorded at 03:00 IST in Zaveri Bazar, Mumbai.

Where that stood

Gold 999 (24K)

  • 7 days earlier: ₹60,497−2.10%
  • 30 days earlier: ₹60,683−2.40%

Silver 999

  • 7 days earlier: ₹73,894−5.04%
  • 30 days earlier: ₹75,990−7.66%

Every weight and purity on 2 October 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₹5,923
24K per 8 grams₹47,382
24K per 10 grams₹59,227
24K per tola1 tola = 11.6638 g₹69,081
24K per 100 grams₹5,92,270
22K per gramDerived at 916 fineness₹5,425
22K per 10 gramsDerived at 916 fineness₹54,252
22K per tolaDerived at 916 fineness₹63,278

Silver

999 per gram₹70
999 per 10 grams₹702
999 per 100 grams₹7,017
999 per kilogram₹70,171

Questions, answered

Gold and silver on 2 October 2023 — common questions

What was the gold rate on 2 October 2023?

24K gold (999) was ₹59,227 per 10 g — ₹5,923 per gram and ₹69,081 per tola.

What was the 22K gold rate on 2 October 2023?

About ₹54,252 per 10 g, or ₹5,425 per gram. 22K is 916 fine; a jewellery invoice adds making charges, wastage and 3% GST.

What was the silver rate on 2 October 2023?

999 silver was ₹70,171 per kg, which is ₹70 per gram and ₹7,017 per 100 g.

How much has gold changed since 2 October 2023?

Gold is up 136.22% since 2 October 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.