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Gold & silver on 5 May 2024

On 5 May 2024, the All India Bullion benchmark for 24K gold (999) was ₹70,024 per 10 g and 999 silver was ₹80,435 per kg, recorded at 03:00 IST. That was unchanged from 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 5 May 2024, recorded at 03:00 IST in Zaveri Bazar, Mumbai.

Where that stood

Gold 999 (24K)

  • 7 days earlier: ₹72,260−3.09%
  • 30 days earlier: ₹70,401−0.54%
  • 1 year earlier: ₹62,023+12.90%

Silver 999

  • 7 days earlier: ₹81,828−1.70%
  • 30 days earlier: ₹78,995+1.82%
  • 1 year earlier: ₹75,062+7.16%

Every weight and purity on 5 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₹7,002
24K per 8 grams₹56,019
24K per 10 grams₹70,024
24K per tola1 tola = 11.6638 g₹81,675
24K per 100 grams₹7,00,240
22K per gramDerived at 916 fineness₹6,414
22K per 10 gramsDerived at 916 fineness₹64,142
22K per tolaDerived at 916 fineness₹74,814

Silver

999 per gram₹80
999 per 10 grams₹804
999 per 100 grams₹8,044
999 per kilogram₹80,435

Questions, answered

Gold and silver on 5 May 2024 — common questions

What was the gold rate on 5 May 2024?

24K gold (999) was ₹70,024 per 10 g — ₹7,002 per gram and ₹81,675 per tola.

What was the 22K gold rate on 5 May 2024?

About ₹64,142 per 10 g, or ₹6,414 per gram. 22K is 916 fine; a jewellery invoice adds making charges, wastage and 3% GST.

What was the silver rate on 5 May 2024?

999 silver was ₹80,435 per kg, which is ₹80 per gram and ₹8,044 per 100 g.

How much has gold changed since 5 May 2024?

Gold is up 104.05% since 5 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.