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Gold & silver rate in March 2023

In March 2023, 24K gold (999) in India rose 3.8%, opening at ₹56,569 and closing at ₹58,723 per 10 g. It ranged between ₹56,244 on 9 March 2023 and ₹59,028 on 21 March 2023, across 31 trading days. Silver 999 rose 6.6% to ₹69,676 per kg.

India-wide reference rates. A city price differs by the local premium a dealer applies there. Recorded at 03:00 IST each weekday, covering the overnight international session.

Gold and silver bullion bars at an Indian bullion market counter
Gold and silver in March 2023, from the daily All India Bullion reference readings.

March 2023 in figures

Hover, drag or use the arrow keys to read any day.

981001021041061 Mar7 Mar13 Mar19 Mar25 Mar31 Mar

Gold 999Silver 999

31 March 2023₹58,723 · ₹69,676per 10 g · per kg

Indexed to 100 at the start of the range, so two very different prices can be compared on one scale.

Gold 999
+3.81%

₹58,723

Silver 999
+6.55%

₹69,676

Gold : silver ratio
84.3

10 g of gold per 10 g of silver

Ran harder
Silver 999

1 March 2023 → 31 March 2023

Gold, day by day

999 (24K) per 10 g. Recorded at 03:00 IST each weekday, covering the overnight international session.

Daily GL999 rate, per 10 g
DateRate (per 10 g)Change
31 March 2023₹58,723+₹68
30 March 2023₹58,655+₹86
29 March 2023₹58,569+₹436
28 March 2023₹58,133−₹145
27 March 2023₹58,278₹0
26 March 2023₹58,278−₹262
25 March 2023₹58,540−₹34
24 March 2023₹58,574+₹185
23 March 2023₹58,389+₹10
22 March 2023₹58,379−₹649
21 March 2023₹59,028+₹208
20 March 2023₹58,820₹0
19 March 2023₹58,820+₹443
18 March 2023₹58,377+₹275
17 March 2023₹58,102+₹92
16 March 2023₹58,010+₹316
15 March 2023₹57,694+₹115
14 March 2023₹57,579+₹579
13 March 2023₹57,000−₹1
12 March 2023₹57,001+₹49
11 March 2023₹56,952+₹440
10 March 2023₹56,512+₹268
9 March 2023₹56,244−₹121
8 March 2023₹56,365−₹310
7 March 2023₹56,675−₹101
6 March 2023₹56,776₹0
5 March 2023₹56,776+₹205
4 March 2023₹56,571+₹137
3 March 2023₹56,434−₹101
2 March 2023₹56,535−₹34
1 March 2023₹56,569—

Silver, day by day

999 per kg.

Daily SL999 rate, per kg
DateRate (per kg)Change
31 March 2023₹69,676+₹746
30 March 2023₹68,930−₹131
29 March 2023₹69,061+₹380
28 March 2023₹68,681−₹91
27 March 2023₹68,772₹0
26 March 2023₹68,772+₹99
25 March 2023₹68,673+₹24
24 March 2023₹68,649+₹73
23 March 2023₹68,576+₹250
22 March 2023₹68,326−₹129
21 March 2023₹68,455−₹170
20 March 2023₹68,625₹0
19 March 2023₹68,625+₹463
18 March 2023₹68,162+₹1,002
17 March 2023₹67,160−₹257
16 March 2023₹67,417+₹682
15 March 2023₹66,735−₹1,152
14 March 2023₹67,887+₹3,674
13 March 2023₹64,213−₹1
12 March 2023₹64,214+₹104
11 March 2023₹64,110+₹583
10 March 2023₹63,527+₹162
9 March 2023₹63,365−₹680
8 March 2023₹64,045−₹1,354
7 March 2023₹65,399−₹371
6 March 2023₹65,770₹0
5 March 2023₹65,770+₹292
4 March 2023₹65,478+₹117
3 March 2023₹65,361−₹133
2 March 2023₹65,494+₹102
1 March 2023₹65,392—

Average weights and purities in March 2023

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₹5,766
24K per 8 grams₹46,125
24K per 10 grams₹57,657
24K per tola1 tola = 11.6638 g₹67,250
24K per 100 grams₹5,76,567
22K per gramDerived at 916 fineness₹5,281
22K per 10 gramsDerived at 916 fineness₹52,814
22K per tolaDerived at 916 fineness₹61,601

Silver

999 per gram₹67
999 per 10 grams₹669
999 per 100 grams₹6,688
999 per kilogram₹66,881

Questions, answered

Gold and silver in March 2023 — common questions

What was the gold rate in March 2023?

24K gold (999) opened March 2023 at ₹56,569 per 10 g and closed at ₹58,723, averaging ₹57,657 across 31 trading days.

What was the highest gold rate in March 2023?

₹59,028 per 10 g of 24K gold, on 21 March 2023. The lowest was ₹56,244 on 9 March 2023.

Did gold go up or down in March 2023?

Gold rose 3.81% over March 2023, a gain of ₹2,154 per 10 g.

What was the 22K gold rate in March 2023?

22K is 916 fine, so the average of ₹57,657 per 10 g of 24K corresponds to about ₹52,814 per 10 g of 22K, or ₹5,281 per gram. This is a derived metal value, not a jewellery invoice.

What was the silver rate in March 2023?

999 silver averaged ₹66,881 per kg in March 2023, ranging from ₹63,365 on 9 March 2023 to ₹69,676 on 31 March 2023.

Why do some dates have no rate?

The Indian bullion market is closed on Saturdays and Sundays, so no reading is taken. Nothing is carried forward or interpolated — a gap is a closed market, not a missing number.