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Gold & silver on 18 October 2023

On 18 October 2023, the All India Bullion benchmark for 24K gold (999) was ₹61,516 per 10 g and 999 silver was ₹73,269 per kg, recorded at 03:00 IST. That was +₹380 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 18 October 2023, recorded at 03:00 IST in Zaveri Bazar, Mumbai.

Where that stood

Gold 999 (24K)

  • 7 days earlier: ₹59,819+2.84%
  • 30 days earlier: ₹60,630+1.46%

Silver 999

  • 7 days earlier: ₹71,562+2.39%
  • 30 days earlier: ₹73,593−0.44%

Every weight and purity on 18 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₹6,152
24K per 8 grams₹49,213
24K per 10 grams₹61,516
24K per tola1 tola = 11.6638 g₹71,751
24K per 100 grams₹6,15,160
22K per gramDerived at 916 fineness₹5,635
22K per 10 gramsDerived at 916 fineness₹56,349
22K per tolaDerived at 916 fineness₹65,724

Silver

999 per gram₹73
999 per 10 grams₹733
999 per 100 grams₹7,327
999 per kilogram₹73,269

Questions, answered

Gold and silver on 18 October 2023 — common questions

What was the gold rate on 18 October 2023?

24K gold (999) was ₹61,516 per 10 g — ₹6,152 per gram and ₹71,751 per tola.

What was the 22K gold rate on 18 October 2023?

About ₹56,349 per 10 g, or ₹5,635 per gram. 22K is 916 fine; a jewellery invoice adds making charges, wastage and 3% GST.

What was the silver rate on 18 October 2023?

999 silver was ₹73,269 per kg, which is ₹73 per gram and ₹7,327 per 100 g.

How much has gold changed since 18 October 2023?

Gold is up 127.43% since 18 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.