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Gold & silver rate in July 2024

In July 2024, 24K gold (999) in India fell 2.2%, opening at ₹73,878 and closing at ₹72,289 per 10 g. It ranged between ₹70,963 on 25 July 2024 and ₹73,878 on 21 July 2024, across 9 trading days. Silver 999 fell 4.3% to ₹85,775 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 2024, from the daily All India Bullion reference readings.

July 2024 in figures

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

100979521 July 202425 July 202431 July 2024

Gold 999Silver 999Indexed to 100 at the start of the range, so two very different prices can be compared on one scale.

31 July 2024₹72,289 · ₹85,775per 10 g · per kg
Gold 999
−2.15%

₹72,289

Silver 999
−4.34%

₹85,775

Gold : silver ratio
84.3

10 g of gold per 10 g of silver

Ran harder
Gold 999

21 July 2024 → 31 July 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.

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 2024₹72,289+₹363
30 July 2024₹71,926−₹426
29 July 2024₹72,352+₹690
26 July 2024₹71,662+₹699
25 July 2024₹70,963−₹1,210
24 July 2024₹72,173+₹375
23 July 2024policy₹71,798−₹1,779
22 July 2024₹73,577−₹301
21 July 2024₹73,878—

Silver, day by day

999 per kg.

Daily SL999 rate, per kg
DateRate (per kg)Change
31 July 2024₹85,775+₹999
30 July 2024₹84,776−₹84
29 July 2024₹84,860+₹66
26 July 2024₹84,794−₹151
25 July 2024₹84,945−₹2,831
24 July 2024₹87,776−₹706
23 July 2024policy₹88,482−₹549
22 July 2024₹89,031−₹635
21 July 2024₹89,666—

Average weights and purities in 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₹7,229
24K per 8 grams₹57,833
24K per 10 grams₹72,291
24K per tola1 tola = 11.6638 g₹84,319
24K per 100 grams₹7,22,909
22K per gramDerived at 916 fineness₹6,622
22K per 10 gramsDerived at 916 fineness₹66,218
22K per tolaDerived at 916 fineness₹77,236

Silver

999 per gram₹87
999 per 10 grams₹867
999 per 100 grams₹8,668
999 per kilogram₹86,678

Questions, answered

Gold and silver in July 2024 — common questions

What was the gold rate in July 2024?

24K gold (999) opened July 2024 at ₹73,878 per 10 g and closed at ₹72,289, averaging ₹72,291 across 9 trading days.

What was the highest gold rate in July 2024?

₹73,878 per 10 g of 24K gold, on 21 July 2024. The lowest was ₹70,963 on 25 July 2024.

Did gold go up or down in July 2024?

Gold fell 2.15% over July 2024, a loss of ₹1,589 per 10 g.

What was the 22K gold rate in July 2024?

22K is 916 fine, so the average of ₹72,291 per 10 g of 24K corresponds to about ₹66,218 per 10 g of 22K, or ₹6,622 per gram. This is a derived metal value, not a jewellery invoice.

What was the silver rate in July 2024?

999 silver averaged ₹86,678 per kg in July 2024, ranging from ₹84,776 on 30 July 2024 to ₹89,666 on 21 July 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.