Gold & silver rate in August 2023
In August 2023, 24K gold (999) in India rose 0.0%, opening at ₹60,710 and closing at ₹60,718 per 10 g. It ranged between ₹60,146 on 21 August 2023 and ₹60,892 on 30 August 2023, across 31 trading days. Silver 999 rose 1.2% to ₹75,944 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.
August 2023 in figures
Hover, drag or use the arrow keys to read any day.
Gold 999Silver 999
Indexed to 100 at the start of the range, so two very different prices can be compared on one scale.
- Gold 999
- +0.01%
- Silver 999
- +1.17%
- Gold : silver ratio
- 80.0
- Ran harder
- Silver 999
₹60,718
₹75,944
10 g of gold per 10 g of silver
1 August 2023 → 31 August 2023
Gold, day by day
999 (24K) per 10 g. Recorded at 03:00 IST each weekday, covering the overnight international session.
| Date | Rate (per 10 g) | Change |
|---|---|---|
| 31 August 2023 | ₹60,718 | −₹174 |
| 30 August 2023 | ₹60,892 | +₹340 |
| 29 August 2023 | ₹60,552 | +₹151 |
| 28 August 2023 | ₹60,401 | +₹31 |
| 27 August 2023 | ₹60,370 | ₹0 |
| 26 August 2023 | ₹60,370 | −₹9 |
| 25 August 2023 | ₹60,379 | −₹14 |
| 24 August 2023 | ₹60,393 | +₹3 |
| 23 August 2023 | ₹60,390 | +₹219 |
| 22 August 2023 | ₹60,171 | +₹25 |
| 21 August 2023 | ₹60,146 | −₹92 |
| 20 August 2023 | ₹60,238 | −₹1 |
| 19 August 2023 | ₹60,239 | −₹47 |
| 18 August 2023 | ₹60,286 | −₹79 |
| 17 August 2023 | ₹60,365 | −₹92 |
| 16 August 2023 | ₹60,457 | −₹4 |
| 15 August 2023 | ₹60,461 | +₹6 |
| 14 August 2023 | ₹60,455 | +₹24 |
| 13 August 2023 | ₹60,431 | −₹1 |
| 12 August 2023 | ₹60,432 | −₹50 |
| 11 August 2023 | ₹60,482 | +₹20 |
| 10 August 2023 | ₹60,462 | −₹114 |
| 9 August 2023 | ₹60,576 | −₹46 |
| 8 August 2023 | ₹60,622 | −₹3 |
| 7 August 2023 | ₹60,625 | −₹35 |
| 6 August 2023 | ₹60,660 | ₹0 |
| 5 August 2023 | ₹60,660 | −₹83 |
| 4 August 2023 | ₹60,743 | +₹107 |
| 3 August 2023 | ₹60,636 | −₹70 |
| 2 August 2023 | ₹60,706 | −₹4 |
| 1 August 2023 | ₹60,710 | — |
Silver, day by day
999 per kg.
| Date | Rate (per kg) | Change |
|---|---|---|
| 31 August 2023 | ₹75,944 | +₹426 |
| 30 August 2023 | ₹75,518 | +₹195 |
| 29 August 2023 | ₹75,323 | +₹101 |
| 28 August 2023 | ₹75,222 | +₹1,501 |
| 27 August 2023 | ₹73,721 | ₹0 |
| 26 August 2023 | ₹73,721 | +₹112 |
| 25 August 2023 | ₹73,609 | −₹1,266 |
| 24 August 2023 | ₹74,875 | +₹513 |
| 23 August 2023 | ₹74,362 | +₹796 |
| 22 August 2023 | ₹73,566 | +₹398 |
| 21 August 2023 | ₹73,168 | +₹896 |
| 20 August 2023 | ₹72,272 | −₹1 |
| 19 August 2023 | ₹72,273 | −₹4 |
| 18 August 2023 | ₹72,277 | +₹74 |
| 17 August 2023 | ₹72,203 | +₹27 |
| 16 August 2023 | ₹72,176 | +₹55 |
| 15 August 2023 | ₹72,121 | +₹39 |
| 14 August 2023 | ₹72,082 | −₹51 |
| 13 August 2023 | ₹72,133 | −₹1 |
| 12 August 2023 | ₹72,134 | −₹147 |
| 11 August 2023 | ₹72,281 | +₹194 |
| 10 August 2023 | ₹72,087 | −₹964 |
| 9 August 2023 | ₹73,051 | −₹18 |
| 8 August 2023 | ₹73,069 | −₹607 |
| 7 August 2023 | ₹73,676 | −₹247 |
| 6 August 2023 | ₹73,923 | ₹0 |
| 5 August 2023 | ₹73,923 | −₹10 |
| 4 August 2023 | ₹73,933 | −₹60 |
| 3 August 2023 | ₹73,993 | −₹498 |
| 2 August 2023 | ₹74,491 | −₹578 |
| 1 August 2023 | ₹75,069 | — |
Average weights and purities in August 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 | ₹6,048 |
|---|---|
| 24K per 8 grams | ₹48,388 |
| 24K per 10 grams | ₹60,485 |
| 24K per tola1 tola = 11.6638 g | ₹70,548 |
| 24K per 100 grams | ₹6,04,848 |
| 22K per gramDerived at 916 fineness | ₹5,540 |
| 22K per 10 gramsDerived at 916 fineness | ₹55,404 |
| 22K per tolaDerived at 916 fineness | ₹64,622 |
Silver
| 999 per gram | ₹73 |
|---|---|
| 999 per 10 grams | ₹735 |
| 999 per 100 grams | ₹7,349 |
| 999 per kilogram | ₹73,490 |
Questions, answered
Gold and silver in August 2023 — common questions
What was the gold rate in August 2023?
24K gold (999) opened August 2023 at ₹60,710 per 10 g and closed at ₹60,718, averaging ₹60,485 across 31 trading days.
What was the highest gold rate in August 2023?
₹60,892 per 10 g of 24K gold, on 30 August 2023. The lowest was ₹60,146 on 21 August 2023.
Did gold go up or down in August 2023?
Gold rose 0.01% over August 2023, a gain of ₹8 per 10 g.
What was the 22K gold rate in August 2023?
22K is 916 fine, so the average of ₹60,485 per 10 g of 24K corresponds to about ₹55,404 per 10 g of 22K, or ₹5,540 per gram. This is a derived metal value, not a jewellery invoice.
What was the silver rate in August 2023?
999 silver averaged ₹73,490 per kg in August 2023, ranging from ₹72,082 on 14 August 2023 to ₹75,944 on 31 August 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.
