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Gold & silver on 7 October 2023

On 7 October 2023, the All India Bullion benchmark for 24K gold (999) was ₹59,182 per 10 g and 999 silver was ₹70,655 per kg, recorded at 03:00 IST. That was +₹483 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 October 2023, recorded at 03:00 IST in Zaveri Bazar, Mumbai.

Where that stood

Gold 999 (24K)

  • 7 days earlier: ₹59,769−0.98%
  • 30 days earlier: ₹60,477−2.14%

Silver 999

  • 7 days earlier: ₹71,769−1.55%
  • 30 days earlier: ₹72,565−2.63%

Every weight and purity on 7 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₹5,918
24K per 8 grams₹47,346
24K per 10 grams₹59,182
24K per tola1 tola = 11.6638 g₹69,029
24K per 100 grams₹5,91,820
22K per gramDerived at 916 fineness₹5,421
22K per 10 gramsDerived at 916 fineness₹54,211
22K per tolaDerived at 916 fineness₹63,230

Silver

999 per gram₹71
999 per 10 grams₹707
999 per 100 grams₹7,066
999 per kilogram₹70,655

Questions, answered

Gold and silver on 7 October 2023 — common questions

What was the gold rate on 7 October 2023?

24K gold (999) was ₹59,182 per 10 g — ₹5,918 per gram and ₹69,029 per tola.

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

About ₹54,211 per 10 g, or ₹5,421 per gram. 22K is 916 fine; a jewellery invoice adds making charges, wastage and 3% GST.

What was the silver rate on 7 October 2023?

999 silver was ₹70,655 per kg, which is ₹71 per gram and ₹7,066 per 100 g.

How much has gold changed since 7 October 2023?

Gold is up 136.40% since 7 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.