Gold & silver on 16 December 2023
On 16 December 2023, the All India Bullion benchmark for 24K gold (999) was ₹62,390 per 10 g and 999 silver was ₹74,402 per kg, recorded at 03:00 IST. That was −₹211 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: ₹62,198+0.31%
- 30 days earlier: ₹61,449+1.53%
- 1 year earlier: ₹53,700+16.18%
Silver 999
- 7 days earlier: ₹72,723+2.31%
- 30 days earlier: ₹74,313+0.12%
- 1 year earlier: ₹65,590+13.43%
Every weight and purity on 16 December 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 | ₹6,239 |
|---|---|
| 24K per 8 grams | ₹49,912 |
| 24K per 10 grams | ₹62,390 |
| 24K per tola1 tola = 11.6638 g | ₹72,770 |
| 24K per 100 grams | ₹6,23,900 |
| 22K per gramDerived at 916 fineness | ₹5,715 |
| 22K per 10 gramsDerived at 916 fineness | ₹57,149 |
| 22K per tolaDerived at 916 fineness | ₹66,658 |
Silver
| 999 per gram | ₹74 |
|---|---|
| 999 per 10 grams | ₹744 |
| 999 per 100 grams | ₹7,440 |
| 999 per kilogram | ₹74,402 |
Questions, answered
Gold and silver on 16 December 2023 — common questions
What was the gold rate on 16 December 2023?
24K gold (999) was ₹62,390 per 10 g — ₹6,239 per gram and ₹72,770 per tola.
What was the 22K gold rate on 16 December 2023?
About ₹57,149 per 10 g, or ₹5,715 per gram. 22K is 916 fine; a jewellery invoice adds making charges, wastage and 3% GST.
What was the silver rate on 16 December 2023?
999 silver was ₹74,402 per kg, which is ₹74 per gram and ₹7,440 per 100 g.
How much has gold changed since 16 December 2023?
Gold is up 124.24% since 16 December 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.
