Gold & silver on 12 October 2023
On 12 October 2023, the All India Bullion benchmark for 24K gold (999) was ₹59,888 per 10 g and 999 silver was ₹71,381 per kg, recorded at 03:00 IST. That was +₹69 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: ₹58,670+2.08%
- 30 days earlier: ₹60,446−0.92%
Silver 999
- 7 days earlier: ₹69,643+2.50%
- 30 days earlier: ₹72,650−1.75%
Every weight and purity on 12 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 | ₹5,989 |
|---|---|
| 24K per 8 grams | ₹47,910 |
| 24K per 10 grams | ₹59,888 |
| 24K per tola1 tola = 11.6638 g | ₹69,852 |
| 24K per 100 grams | ₹5,98,880 |
| 22K per gramDerived at 916 fineness | ₹5,486 |
| 22K per 10 gramsDerived at 916 fineness | ₹54,857 |
| 22K per tolaDerived at 916 fineness | ₹63,985 |
Silver
| 999 per gram | ₹71 |
|---|---|
| 999 per 10 grams | ₹714 |
| 999 per 100 grams | ₹7,138 |
| 999 per kilogram | ₹71,381 |
Questions, answered
Gold and silver on 12 October 2023 — common questions
What was the gold rate on 12 October 2023?
24K gold (999) was ₹59,888 per 10 g — ₹5,989 per gram and ₹69,852 per tola.
What was the 22K gold rate on 12 October 2023?
About ₹54,857 per 10 g, or ₹5,486 per gram. 22K is 916 fine; a jewellery invoice adds making charges, wastage and 3% GST.
What was the silver rate on 12 October 2023?
999 silver was ₹71,381 per kg, which is ₹71 per gram and ₹7,138 per 100 g.
How much has gold changed since 12 October 2023?
Gold is up 133.61% since 12 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.
