Gold & silver on 7 May 2024
On 7 May 2024, the All India Bullion benchmark for 24K gold (999) was ₹70,948 per 10 g and 999 silver was ₹82,221 per kg, recorded at 03:00 IST. That was +₹451 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: ₹70,900+0.07%
- 30 days earlier: ₹71,621−0.94%
- 1 year earlier: ₹62,111+14.23%
Silver 999
- 7 days earlier: ₹80,170+2.56%
- 30 days earlier: ₹79,734+3.12%
- 1 year earlier: ₹75,098+9.48%
Every weight and purity on 7 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 | ₹7,095 |
|---|---|
| 24K per 8 grams | ₹56,758 |
| 24K per 10 grams | ₹70,948 |
| 24K per tola1 tola = 11.6638 g | ₹82,752 |
| 24K per 100 grams | ₹7,09,480 |
| 22K per gramDerived at 916 fineness | ₹6,499 |
| 22K per 10 gramsDerived at 916 fineness | ₹64,988 |
| 22K per tolaDerived at 916 fineness | ₹75,801 |
Silver
| 999 per gram | ₹82 |
|---|---|
| 999 per 10 grams | ₹822 |
| 999 per 100 grams | ₹8,222 |
| 999 per kilogram | ₹82,221 |
Questions, answered
Gold and silver on 7 May 2024 — common questions
What was the gold rate on 7 May 2024?
24K gold (999) was ₹70,948 per 10 g — ₹7,095 per gram and ₹82,752 per tola.
What was the 22K gold rate on 7 May 2024?
About ₹64,988 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 7 May 2024?
999 silver was ₹82,221 per kg, which is ₹82 per gram and ₹8,222 per 100 g.
How much has gold changed since 7 May 2024?
Gold is up 101.40% since 7 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.
