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Gold & silver on 16 November 2023

On 16 November 2023, the All India Bullion benchmark for 24K gold (999) was ₹61,449 per 10 g and 999 silver was ₹74,313 per kg, recorded at 03:00 IST. That was +₹94 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 16 November 2023, recorded at 03:00 IST in Zaveri Bazar, Mumbai.

Where that stood

Gold 999 (24K)

  • 7 days earlier: ₹60,956+0.81%
  • 30 days earlier: ₹61,136+0.51%
  • 1 year earlier: ₹52,909+16.14%

Silver 999

  • 7 days earlier: ₹72,625+2.32%
  • 30 days earlier: ₹73,163+1.57%
  • 1 year earlier: ₹61,883+20.09%

Every weight and purity on 16 November 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₹6,145
24K per 8 grams₹49,159
24K per 10 grams₹61,449
24K per tola1 tola = 11.6638 g₹71,673
24K per 100 grams₹6,14,490
22K per gramDerived at 916 fineness₹5,629
22K per 10 gramsDerived at 916 fineness₹56,287
22K per tolaDerived at 916 fineness₹65,652

Silver

999 per gram₹74
999 per 10 grams₹743
999 per 100 grams₹7,431
999 per kilogram₹74,313

Questions, answered

Gold and silver on 16 November 2023 — common questions

What was the gold rate on 16 November 2023?

24K gold (999) was ₹61,449 per 10 g — ₹6,145 per gram and ₹71,673 per tola.

What was the 22K gold rate on 16 November 2023?

About ₹56,287 per 10 g, or ₹5,629 per gram. 22K is 916 fine; a jewellery invoice adds making charges, wastage and 3% GST.

What was the silver rate on 16 November 2023?

999 silver was ₹74,313 per kg, which is ₹74 per gram and ₹7,431 per 100 g.

How much has gold changed since 16 November 2023?

Gold is up 127.67% since 16 November 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.