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Gold & silver on 16 July 2024

On 16 July 2024, the All India Bullion benchmark for 24K gold (999) was ₹73,730 per 10 g and 999 silver was ₹92,106 per kg, recorded at 03:00 IST. That was +₹422 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 July 2024, recorded at 03:00 IST in Zaveri Bazar, Mumbai.

Where that stood

Gold 999 (24K)

  • 7 days earlier: ₹72,482+1.72%
  • 30 days earlier: ₹72,263+2.03%
  • 1 year earlier: ₹60,396+22.08%

Silver 999

  • 7 days earlier: ₹92,321−0.23%
  • 30 days earlier: ₹88,494+4.08%
  • 1 year earlier: ₹75,644+21.76%

Every weight and purity on 16 July 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₹7,373
24K per 8 grams₹58,984
24K per 10 grams₹73,730
24K per tola1 tola = 11.6638 g₹85,997
24K per 100 grams₹7,37,300
22K per gramDerived at 916 fineness₹6,754
22K per 10 gramsDerived at 916 fineness₹67,537
22K per tolaDerived at 916 fineness₹78,773

Silver

999 per gram₹92
999 per 10 grams₹921
999 per 100 grams₹9,211
999 per kilogram₹92,106

Questions, answered

Gold and silver on 16 July 2024 — common questions

What was the gold rate on 16 July 2024?

24K gold (999) was ₹73,730 per 10 g — ₹7,373 per gram and ₹85,997 per tola.

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

About ₹67,537 per 10 g, or ₹6,754 per gram. 22K is 916 fine; a jewellery invoice adds making charges, wastage and 3% GST.

What was the silver rate on 16 July 2024?

999 silver was ₹92,106 per kg, which is ₹92 per gram and ₹9,211 per 100 g.

How much has gold changed since 16 July 2024?

Gold is up 93.80% since 16 July 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.