Gold & silver on 1 May 2024
On 1 May 2024, the All India Bullion benchmark for 24K gold (999) was ₹70,955 per 10 g and 999 silver was ₹80,661 per kg, recorded at 03:00 IST. That was +₹55 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: ₹72,479−2.10%
- 30 days earlier: ₹68,140+4.13%
- 1 year earlier: ₹61,312+15.73%
Silver 999
- 7 days earlier: ₹81,779−1.37%
- 30 days earlier: ₹74,577+8.16%
- 1 year earlier: ₹73,442+9.83%
Every weight and purity on 1 May 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 | ₹7,096 |
|---|---|
| 24K per 8 grams | ₹56,764 |
| 24K per 10 grams | ₹70,955 |
| 24K per tola1 tola = 11.6638 g | ₹82,760 |
| 24K per 100 grams | ₹7,09,550 |
| 22K per gramDerived at 916 fineness | ₹6,499 |
| 22K per 10 gramsDerived at 916 fineness | ₹64,995 |
| 22K per tolaDerived at 916 fineness | ₹75,809 |
Silver
| 999 per gram | ₹81 |
|---|---|
| 999 per 10 grams | ₹807 |
| 999 per 100 grams | ₹8,066 |
| 999 per kilogram | ₹80,661 |
Questions, answered
Gold and silver on 1 May 2024 — common questions
What was the gold rate on 1 May 2024?
24K gold (999) was ₹70,955 per 10 g — ₹7,096 per gram and ₹82,760 per tola.
What was the 22K gold rate on 1 May 2024?
About ₹64,995 per 10 g, or ₹6,499 per gram. 22K is 916 fine; a jewellery invoice adds making charges, wastage and 3% GST.
What was the silver rate on 1 May 2024?
999 silver was ₹80,661 per kg, which is ₹81 per gram and ₹8,066 per 100 g.
How much has gold changed since 1 May 2024?
Gold is up 101.38% since 1 May 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.
