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Gold & silver on 31 May 2024

On 31 May 2024, the All India Bullion benchmark for 24K gold (999) was ₹72,654 per 10 g and 999 silver was ₹91,392 per kg, recorded at 03:00 IST. That was −₹52 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 31 May 2024, recorded at 03:00 IST in Zaveri Bazar, Mumbai.

Where that stood

Gold 999 (24K)

  • 7 days earlier: ₹72,201+0.63%
  • 30 days earlier: ₹70,955+2.39%
  • 1 year earlier: ₹61,790+17.58%

Silver 999

  • 7 days earlier: ₹88,619+3.13%
  • 30 days earlier: ₹80,661+13.30%
  • 1 year earlier: ₹72,866+25.42%

Every weight and purity on 31 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₹7,265
24K per 8 grams₹58,123
24K per 10 grams₹72,654
24K per tola1 tola = 11.6638 g₹84,742
24K per 100 grams₹7,26,540
22K per gramDerived at 916 fineness₹6,655
22K per 10 gramsDerived at 916 fineness₹66,551
22K per tolaDerived at 916 fineness₹77,624

Silver

999 per gram₹91
999 per 10 grams₹914
999 per 100 grams₹9,139
999 per kilogram₹91,392

Questions, answered

Gold and silver on 31 May 2024 — common questions

What was the gold rate on 31 May 2024?

24K gold (999) was ₹72,654 per 10 g — ₹7,265 per gram and ₹84,742 per tola.

What was the 22K gold rate on 31 May 2024?

About ₹66,551 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 31 May 2024?

999 silver was ₹91,392 per kg, which is ₹91 per gram and ₹9,139 per 100 g.

How much has gold changed since 31 May 2024?

Gold is up 96.67% since 31 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.