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Gold & silver on 16 June 2024

On 16 June 2024, the All India Bullion benchmark for 24K gold (999) was ₹72,263 per 10 g and 999 silver was ₹88,494 per kg, recorded at 03:00 IST. That was −₹2 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 16 June 2024, recorded at 03:00 IST in Zaveri Bazar, Mumbai.

Where that stood

Gold 999 (24K)

  • 7 days earlier: ₹71,436+1.16%
  • 30 days earlier: ₹72,894−0.87%
  • 1 year earlier: ₹60,808+18.84%

Silver 999

  • 7 days earlier: ₹88,331+0.18%
  • 30 days earlier: ₹87,424+1.22%
  • 1 year earlier: ₹73,688+20.09%

Every weight and purity on 16 June 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₹7,226
24K per 8 grams₹57,810
24K per 10 grams₹72,263
24K per tola1 tola = 11.6638 g₹84,286
24K per 100 grams₹7,22,630
22K per gramDerived at 916 fineness₹6,619
22K per 10 gramsDerived at 916 fineness₹66,193
22K per tolaDerived at 916 fineness₹77,206

Silver

999 per gram₹88
999 per 10 grams₹885
999 per 100 grams₹8,849
999 per kilogram₹88,494

Questions, answered

Gold and silver on 16 June 2024 — common questions

What was the gold rate on 16 June 2024?

24K gold (999) was ₹72,263 per 10 g — ₹7,226 per gram and ₹84,286 per tola.

What was the 22K gold rate on 16 June 2024?

About ₹66,193 per 10 g, or ₹6,619 per gram. 22K is 916 fine; a jewellery invoice adds making charges, wastage and 3% GST.

What was the silver rate on 16 June 2024?

999 silver was ₹88,494 per kg, which is ₹88 per gram and ₹8,849 per 100 g.

How much has gold changed since 16 June 2024?

Gold is up 97.73% since 16 June 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.