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Gold & silver rate in July 2023

In July 2023, 24K gold (999) in India rose 1.3%, opening at ₹60,046 and closing at ₹60,839 per 10 g. It ranged between ₹60,045 on 2 July 2023 and ₹60,839 on 31 July 2023, across 31 trading days. Silver 999 rose 5.9% to ₹75,684 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 July 2023, from the daily All India Bullion reference readings.

July 2023 in figures

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

1001021041061 Jul7 Jul13 Jul19 Jul25 Jul31 Jul

Gold 999Silver 999

31 July 2023₹60,839 · ₹75,684per 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
+1.32%

₹60,839

Silver 999
+5.95%

₹75,684

Gold : silver ratio
80.4

10 g of gold per 10 g of silver

Ran harder
Silver 999

1 July 2023 → 31 July 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 July 2023₹60,839+₹71
30 July 2023₹60,768₹0
29 July 2023₹60,768+₹32
28 July 2023₹60,736+₹182
27 July 2023₹60,554−₹127
26 July 2023₹60,681+₹168
25 July 2023₹60,513+₹22
24 July 2023₹60,491−₹123
23 July 2023₹60,614+₹3
22 July 2023₹60,611−₹29
21 July 2023₹60,640−₹24
20 July 2023₹60,664−₹18
19 July 2023₹60,682+₹10
18 July 2023₹60,672+₹276
17 July 2023₹60,396−₹25
16 July 2023₹60,421+₹2
15 July 2023₹60,419−₹10
14 July 2023₹60,429+₹16
13 July 2023₹60,413−₹51
12 July 2023₹60,464+₹311
11 July 2023₹60,153+₹66
10 July 2023₹60,087−₹137
9 July 2023₹60,224₹0
8 July 2023₹60,224−₹20
7 July 2023₹60,244+₹182
6 July 2023₹60,062−₹57
5 July 2023₹60,119+₹20
4 July 2023₹60,099+₹54
3 July 2023₹60,045₹0
2 July 2023₹60,045−₹1
1 July 2023₹60,046—

Silver, day by day

999 per kg.

Daily SL999 rate, per kg
DateRate (per kg)Change
31 July 2023₹75,684+₹846
30 July 2023₹74,838₹0
29 July 2023₹74,838+₹16
28 July 2023₹74,822+₹268
27 July 2023₹74,554−₹581
26 July 2023₹75,135−₹19
25 July 2023₹75,154+₹435
24 July 2023₹74,719−₹667
23 July 2023₹75,386+₹3
22 July 2023₹75,383−₹55
21 July 2023₹75,438−₹572
20 July 2023₹76,010−₹94
19 July 2023₹76,104+₹236
18 July 2023₹75,868+₹224
17 July 2023₹75,644−₹405
16 July 2023₹76,049+₹2
15 July 2023₹76,047+₹85
14 July 2023₹75,962+₹527
13 July 2023₹75,435+₹1,667
12 July 2023₹73,768+₹1,245
11 July 2023₹72,523+₹303
10 July 2023₹72,220−₹6
9 July 2023₹72,226₹0
8 July 2023₹72,226+₹79
7 July 2023₹72,147+₹595
6 July 2023₹71,552−₹402
5 July 2023₹71,954+₹611
4 July 2023₹71,343+₹71
3 July 2023₹71,272−₹163
2 July 2023₹71,435−₹1
1 July 2023₹71,436—

Average weights and purities in July 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₹6,042
24K per 8 grams₹48,339
24K per 10 grams₹60,423
24K per tola1 tola = 11.6638 g₹70,477
24K per 100 grams₹6,04,233
22K per gramDerived at 916 fineness₹5,535
22K per 10 gramsDerived at 916 fineness₹55,348
22K per tolaDerived at 916 fineness₹64,557

Silver

999 per gram₹74
999 per 10 grams₹741
999 per 100 grams₹7,410
999 per kilogram₹74,102

Questions, answered

Gold and silver in July 2023 — common questions

What was the gold rate in July 2023?

24K gold (999) opened July 2023 at ₹60,046 per 10 g and closed at ₹60,839, averaging ₹60,423 across 31 trading days.

What was the highest gold rate in July 2023?

₹60,839 per 10 g of 24K gold, on 31 July 2023. The lowest was ₹60,045 on 2 July 2023.

Did gold go up or down in July 2023?

Gold rose 1.32% over July 2023, a gain of ₹793 per 10 g.

What was the 22K gold rate in July 2023?

22K is 916 fine, so the average of ₹60,423 per 10 g of 24K corresponds to about ₹55,348 per 10 g of 22K, or ₹5,535 per gram. This is a derived metal value, not a jewellery invoice.

What was the silver rate in July 2023?

999 silver averaged ₹74,102 per kg in July 2023, ranging from ₹71,272 on 3 July 2023 to ₹76,104 on 19 July 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.