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Gold & silver on 1 January 2024

On 1 January 2024, the All India Bullion benchmark for 24K gold (999) was ₹63,355 per 10 g and 999 silver was ₹74,263 per kg, recorded at 03:00 IST. That was +₹99 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 1 January 2024, recorded at 03:00 IST in Zaveri Bazar, Mumbai.

Where that stood

Gold 999 (24K)

  • 7 days earlier: ₹62,912+0.70%
  • 30 days earlier: ₹63,163+0.30%
  • 1 year earlier: ₹54,884+15.43%

Silver 999

  • 7 days earlier: ₹75,118−1.14%
  • 30 days earlier: ₹76,975−3.52%
  • 1 year earlier: ₹67,873+9.41%

Every weight and purity on 1 January 2024

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₹6,336
24K per 8 grams₹50,684
24K per 10 grams₹63,355
24K per tola1 tola = 11.6638 g₹73,896
24K per 100 grams₹6,33,550
22K per gramDerived at 916 fineness₹5,803
22K per 10 gramsDerived at 916 fineness₹58,033
22K per tolaDerived at 916 fineness₹67,689

Silver

999 per gram₹74
999 per 10 grams₹743
999 per 100 grams₹7,426
999 per kilogram₹74,263

Questions, answered

Gold and silver on 1 January 2024 — common questions

What was the gold rate on 1 January 2024?

24K gold (999) was ₹63,355 per 10 g — ₹6,336 per gram and ₹73,896 per tola.

What was the 22K gold rate on 1 January 2024?

About ₹58,033 per 10 g, or ₹5,803 per gram. 22K is 916 fine; a jewellery invoice adds making charges, wastage and 3% GST.

What was the silver rate on 1 January 2024?

999 silver was ₹74,263 per kg, which is ₹74 per gram and ₹7,426 per 100 g.

How much has gold changed since 1 January 2024?

Gold is up 120.83% since 1 January 2024.

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.