Gold & silver rate in 2024
In 2024, 24K gold (999) in India rose 6.7%, opening at ₹73,878 and closing at ₹78,862 per 10 g. It ranged between ₹70,963 on 25 July 2024 and ₹81,900 on 31 October 2024, across 117 trading days. Silver 999 fell 0.2% to ₹89,514 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.

2024 in figures
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Gold 999Silver 999Indexed to 100 at the start of the range, so two very different prices can be compared on one scale.
- Gold 999
- +6.75%
- Silver 999
- −0.17%
- Gold : silver ratio
- 88.1
- Ran harder
- Gold 999
₹78,862
₹89,514
10 g of gold per 10 g of silver
21 July 2024 → 31 December 2024
A policy change fell in this period
- 23 July 2024 — Import duty cut in the 2024 Budget: the local price fell about 5% with no move in spot.
Month by month in 2024
| Month | Open | Close | Low | High | Change |
|---|---|---|---|---|---|
| December 2024 | ₹79,035 | ₹78,862 | ₹77,511 | ₹80,420 | −0.22% |
| November 2024 | ₹81,315 | ₹78,475 | ₹76,208 | ₹81,315 | −3.49% |
| October 2024 | ₹77,568 | ₹81,900 | ₹77,310 | ₹81,900 | +5.58% |
| September 2024 | ₹73,645 | ₹77,709 | ₹73,206 | ₹77,709 | +5.52% |
| August 2024 | ₹72,802 | ₹73,938 | ₹71,912 | ₹74,069 | +1.56% |
| July 2024 | ₹73,878 | ₹72,289 | ₹70,963 | ₹73,878 | −2.15% |
Average weights and purities in 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 | ₹7,663 |
|---|---|
| 24K per 8 grams | ₹61,306 |
| 24K per 10 grams | ₹76,633 |
| 24K per tola1 tola = 11.6638 g | ₹89,383 |
| 24K per 100 grams | ₹7,66,331 |
| 22K per gramDerived at 916 fineness | ₹7,020 |
| 22K per 10 gramsDerived at 916 fineness | ₹70,196 |
| 22K per tolaDerived at 916 fineness | ₹81,875 |
Silver
| 999 per gram | ₹90 |
|---|---|
| 999 per 10 grams | ₹904 |
| 999 per 100 grams | ₹9,038 |
| 999 per kilogram | ₹90,376 |
Questions, answered
Gold and silver in 2024 — common questions
What was the gold rate in 2024?
24K gold (999) opened 2024 at ₹73,878 per 10 g and closed at ₹78,862, averaging ₹76,633 across 117 trading days.
What was the highest gold rate in 2024?
₹81,900 per 10 g of 24K gold, on 31 October 2024. The lowest was ₹70,963 on 25 July 2024.
Did gold go up or down in 2024?
Gold rose 6.75% over 2024, a gain of ₹4,984 per 10 g.
What was the 22K gold rate in 2024?
22K is 916 fine, so the average of ₹76,633 per 10 g of 24K corresponds to about ₹70,196 per 10 g of 22K, or ₹7,020 per gram. This is a derived metal value, not a jewellery invoice.
What was the silver rate in 2024?
999 silver averaged ₹90,376 per kg in 2024, ranging from ₹83,071 on 15 August 2024 to ₹99,992 on 23 October 2024.
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.