Gold & silver on 12 May 2024
On 12 May 2024, the All India Bullion benchmark for 24K gold (999) was ₹72,658 per 10 g and 999 silver was ₹83,321 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.
Where that stood
Gold 999 (24K)
- 7 days earlier: ₹70,024+3.76%
- 30 days earlier: ₹74,265−2.16%
- 1 year earlier: ₹62,077+17.04%
Silver 999
- 7 days earlier: ₹80,435+3.59%
- 30 days earlier: ₹83,538−0.26%
- 1 year earlier: ₹72,962+14.20%
Every weight and purity on 12 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 | ₹7,266 |
|---|---|
| 24K per 8 grams | ₹58,126 |
| 24K per 10 grams | ₹72,658 |
| 24K per tola1 tola = 11.6638 g | ₹84,747 |
| 24K per 100 grams | ₹7,26,580 |
| 22K per gramDerived at 916 fineness | ₹6,655 |
| 22K per 10 gramsDerived at 916 fineness | ₹66,555 |
| 22K per tolaDerived at 916 fineness | ₹77,628 |
Silver
| 999 per gram | ₹83 |
|---|---|
| 999 per 10 grams | ₹833 |
| 999 per 100 grams | ₹8,332 |
| 999 per kilogram | ₹83,321 |
Questions, answered
Gold and silver on 12 May 2024 — common questions
What was the gold rate on 12 May 2024?
24K gold (999) was ₹72,658 per 10 g — ₹7,266 per gram and ₹84,747 per tola.
What was the 22K gold rate on 12 May 2024?
About ₹66,555 per 10 g, or ₹6,655 per gram. 22K is 916 fine; a jewellery invoice adds making charges, wastage and 3% GST.
What was the silver rate on 12 May 2024?
999 silver was ₹83,321 per kg, which is ₹83 per gram and ₹8,332 per 100 g.
How much has gold changed since 12 May 2024?
Gold is up 96.66% since 12 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.
