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Gold & silver on 23 May 2024

On 23 May 2024, the All India Bullion benchmark for 24K gold (999) was ₹72,478 per 10 g and 999 silver was ₹88,689 per kg, recorded at 03:00 IST. That was −₹803 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 23 May 2024, recorded at 03:00 IST in Zaveri Bazar, Mumbai.

Where that stood

Gold 999 (24K)

  • 7 days earlier: ₹72,431+0.06%
  • 30 days earlier: ₹73,594−1.52%
  • 1 year earlier: ₹62,021+16.86%

Silver 999

  • 7 days earlier: ₹85,191+4.11%
  • 30 days earlier: ₹81,773+8.46%
  • 1 year earlier: ₹72,406+22.49%

Every weight and purity on 23 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₹7,248
24K per 8 grams₹57,982
24K per 10 grams₹72,478
24K per tola1 tola = 11.6638 g₹84,537
24K per 100 grams₹7,24,780
22K per gramDerived at 916 fineness₹6,639
22K per 10 gramsDerived at 916 fineness₹66,390
22K per tolaDerived at 916 fineness₹77,436

Silver

999 per gram₹89
999 per 10 grams₹887
999 per 100 grams₹8,869
999 per kilogram₹88,689

Questions, answered

Gold and silver on 23 May 2024 — common questions

What was the gold rate on 23 May 2024?

24K gold (999) was ₹72,478 per 10 g — ₹7,248 per gram and ₹84,537 per tola.

What was the 22K gold rate on 23 May 2024?

About ₹66,390 per 10 g, or ₹6,639 per gram. 22K is 916 fine; a jewellery invoice adds making charges, wastage and 3% GST.

What was the silver rate on 23 May 2024?

999 silver was ₹88,689 per kg, which is ₹89 per gram and ₹8,869 per 100 g.

How much has gold changed since 23 May 2024?

Gold is up 97.15% since 23 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.