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Gold & silver on 20 May 2024

On 20 May 2024, the All India Bullion benchmark for 24K gold (999) was ₹73,175 per 10 g and 999 silver was ₹90,628 per kg, recorded at 03:00 IST. That was +₹34 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 20 May 2024, recorded at 03:00 IST in Zaveri Bazar, Mumbai.

Where that stood

Gold 999 (24K)

  • 7 days earlier: ₹71,768+1.96%
  • 30 days earlier: ₹75,360−2.90%
  • 1 year earlier: ₹62,308+17.44%

Silver 999

  • 7 days earlier: ₹83,353+8.73%
  • 30 days earlier: ₹83,134+9.01%
  • 1 year earlier: ₹74,101+22.30%

Every weight and purity on 20 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₹7,318
24K per 8 grams₹58,540
24K per 10 grams₹73,175
24K per tola1 tola = 11.6638 g₹85,350
24K per 100 grams₹7,31,750
22K per gramDerived at 916 fineness₹6,703
22K per 10 gramsDerived at 916 fineness₹67,028
22K per tolaDerived at 916 fineness₹78,180

Silver

999 per gram₹91
999 per 10 grams₹906
999 per 100 grams₹9,063
999 per kilogram₹90,628

Questions, answered

Gold and silver on 20 May 2024 — common questions

What was the gold rate on 20 May 2024?

24K gold (999) was ₹73,175 per 10 g — ₹7,318 per gram and ₹85,350 per tola.

What was the 22K gold rate on 20 May 2024?

About ₹67,028 per 10 g, or ₹6,703 per gram. 22K is 916 fine; a jewellery invoice adds making charges, wastage and 3% GST.

What was the silver rate on 20 May 2024?

999 silver was ₹90,628 per kg, which is ₹91 per gram and ₹9,063 per 100 g.

How much has gold changed since 20 May 2024?

Gold is up 95.27% since 20 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.