Gold & silver on 18 May 2024
On 18 May 2024, the All India Bullion benchmark for 24K gold (999) was ₹73,140 per 10 g and 999 silver was ₹88,759 per kg, recorded at 03:00 IST. That was +₹246 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: ₹72,658+0.66%
- 30 days earlier: ₹74,902−2.35%
- 1 year earlier: ₹61,625+18.69%
Silver 999
- 7 days earlier: ₹83,322+6.53%
- 30 days earlier: ₹82,982+6.96%
- 1 year earlier: ₹73,052+21.50%
Every weight and purity on 18 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 | ₹7,314 |
|---|---|
| 24K per 8 grams | ₹58,512 |
| 24K per 10 grams | ₹73,140 |
| 24K per tola1 tola = 11.6638 g | ₹85,309 |
| 24K per 100 grams | ₹7,31,400 |
| 22K per gramDerived at 916 fineness | ₹6,700 |
| 22K per 10 gramsDerived at 916 fineness | ₹66,996 |
| 22K per tolaDerived at 916 fineness | ₹78,143 |
Silver
| 999 per gram | ₹89 |
|---|---|
| 999 per 10 grams | ₹888 |
| 999 per 100 grams | ₹8,876 |
| 999 per kilogram | ₹88,759 |
Questions, answered
Gold and silver on 18 May 2024 — common questions
What was the gold rate on 18 May 2024?
24K gold (999) was ₹73,140 per 10 g — ₹7,314 per gram and ₹85,309 per tola.
What was the 22K gold rate on 18 May 2024?
About ₹66,996 per 10 g, or ₹6,700 per gram. 22K is 916 fine; a jewellery invoice adds making charges, wastage and 3% GST.
What was the silver rate on 18 May 2024?
999 silver was ₹88,759 per kg, which is ₹89 per gram and ₹8,876 per 100 g.
How much has gold changed since 18 May 2024?
Gold is up 95.36% since 18 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.
