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Gold & silver on 17 May 2024

On 17 May 2024, the All India Bullion benchmark for 24K gold (999) was ₹72,894 per 10 g and 999 silver was ₹87,424 per kg, recorded at 03:00 IST. That was +₹463 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 17 May 2024, recorded at 03:00 IST in Zaveri Bazar, Mumbai.

Where that stood

Gold 999 (24K)

  • 7 days earlier: ₹72,636+0.36%
  • 30 days earlier: ₹75,061−2.89%
  • 1 year earlier: ₹61,430+18.66%

Silver 999

  • 7 days earlier: ₹82,934+5.41%
  • 30 days earlier: ₹82,959+5.38%
  • 1 year earlier: ₹72,698+20.26%

Every weight and purity on 17 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₹7,289
24K per 8 grams₹58,315
24K per 10 grams₹72,894
24K per tola1 tola = 11.6638 g₹85,022
24K per 100 grams₹7,28,940
22K per gramDerived at 916 fineness₹6,677
22K per 10 gramsDerived at 916 fineness₹66,771
22K per tolaDerived at 916 fineness₹77,880

Silver

999 per gram₹87
999 per 10 grams₹874
999 per 100 grams₹8,742
999 per kilogram₹87,424

Questions, answered

Gold and silver on 17 May 2024 — common questions

What was the gold rate on 17 May 2024?

24K gold (999) was ₹72,894 per 10 g — ₹7,289 per gram and ₹85,022 per tola.

What was the 22K gold rate on 17 May 2024?

About ₹66,771 per 10 g, or ₹6,677 per gram. 22K is 916 fine; a jewellery invoice adds making charges, wastage and 3% GST.

What was the silver rate on 17 May 2024?

999 silver was ₹87,424 per kg, which is ₹87 per gram and ₹8,742 per 100 g.

How much has gold changed since 17 May 2024?

Gold is up 96.02% since 17 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.