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| Year | Rs./10 gram (Standard 24 carats) | Silver Rates in Rs./Kg. |
|---|---|---|
| 31.03.2025 | 91190 | 103900 |
| 31.03.2024 | 73913 | 95700 |
| 31.03.2023 | 51484 | 66990 |
| 31.03.2022 | 65330 | 76000 |
| 31.03.2021 | 48720 | 65400 |
| 31.03.2020 | 48651 | 40500 |
| 31.03.2019 | 35220 | 40600 |
| 31.03.2018 | 31438 | 41400 |
| 31.03.2017 | 29667 | 37825 |
| 31.03.2016 | 28340 | 36990 |
| 31.03.2015 | 26245 | 37825 |
| 31.03.2014 | 28470 | 43070 |
| 31.03.2013 | 29610 | 54030 |
| 31.03.2012 | 28040 | 56290 |
| 31.03.2011 | 20775 | 56900 |
| 31.03.2010 | 16320 | 27255 |
| 31.03.2009 | 15105 | 22165 |
| 31.03.2008 | 12125 | 23625 |
| 31.03.2007 | 9395 | 19520 |
| 31.03.2006 | 8490 | 17405 |
| 31.03.2005 | 6180 | 10675 |
| 31.03.2004 | 6065 | 11770 |
| 31.03.2003 | 5310 | 7695 |
| 31.03.2002 | 5010 | 7875 |
| 31.03.2001 | 4190 | 7215 |
| 31.03.2000 | 4380 | 7900 |
| 31.03.1999 | 4235 | 7615 |
| 31.03.1998 | 4045 | 8560 |
| 31.03.1997 | 4725 | 7345 |
| 31.03.1996 | 5160 | 7346 |
| 31.03.1995 | 4680 | 6335 |
| 31.03.1994 | 4598 | 7124 |
| 31.03.1993 | 4140 | 5489 |
| 31.03.1992 | 4334 | 8040 |
| 31.03.1991 | 3466 | 6646 |
| 31.03.1990 | 3200 | 6463 |
| 31.03.1989 | 3140 | 6755 |
| 31.03.1988 | 3130 | 6066 |
| 31.03.1987 | 2570 | 4794 |
| 31.03.1986 | 2140 | 4015 |
| 31.03.1985 | 2130 | 3955 |
| 31.03.1984 | 1975 | 3570 |
| 31.03.1983 | 1800 | 3105 |
| 31.03.1982 | 1700 | 2720 |
| 31.03.1981 | 1670 | 2715 |
Why Gold and Silver Rates Matter
Gold and silver aren’t just shiny metals—they’re financial safety nets. In India, these precious metals are woven into our culture, traditions, and investment habits. Knowing daily gold and silver rates can save you money, improve investment decisions, and help you plan smarter.
Understanding Gold and Silver as Investment Assets
Why Indians Trust Gold
Gold is like that dependable family elder—steady, trusted, and always valuable. For centuries, Indians have relied on gold as a hedge against inflation, currency fluctuations, and economic uncertainty. From weddings to wealth preservation, gold plays a starring role.
Silver – The Underrated Precious Metal
Silver may live in gold’s shadow, but don’t underestimate it. With growing industrial use and lower entry cost, silver is becoming a favorite among new-age investors looking for diversification.
Cultural and Economic Significance
Gold symbolizes prosperity. Silver represents purity. Together, they form the backbone of India’s precious metals market.
What Are Gold and Silver Rates?
Definition of Gold Rates
Gold rates refer to the price of gold per gram or per 10 grams, usually quoted for 24K and 22K purity levels in India.
Definition of Silver Rates
Silver rates are typically quoted per gram and per kilogram and fluctuate daily based on market conditions.
How Prices Are Quoted in India
Prices include base international rates, import duties, GST, and local market demand.
Factors Affecting Gold and Silver Rates in India
International Market Movements
Global prices, especially from markets like London and New York, heavily influence Indian rates.
US Dollar and Inflation
A weaker rupee or higher inflation often pushes gold and silver prices upward.
Demand and Supply in India
Festive seasons and wedding months increase demand, driving prices higher.
Government Taxes and Import Duties
Import duty and GST directly impact retail prices.
Geopolitical and Economic Uncertainty
Whenever the world feels shaky, gold shines brighter as a safe haven.
Current Gold Rates in India
24 Karat Gold Rate Today
24K gold is the purest form and ideal for investment purposes.
22 Karat Gold Rate Today
22K gold is commonly used for jewellery due to its durability.
Difference Between 24K and 22K Gold
24K is purer but softer, while 22K is mixed with alloys for strength.
Current Silver Rates in India
Silver Rate Per Gram
Ideal for small investors and daily tracking.
Silver Rate Per Kg
Most commonly used for bulk and industrial buyers.
Industrial Demand Impact
Electronics, solar panels, and medical equipment are boosting silver demand.
Gold and Silver Rates List (India-Wide Format)
Gold Rates (Indicative)
-
Gold Rate Today (24K): ₹XX,XXX per 10 grams
-
Gold Rate Today (22K): ₹XX,XXX per 10 grams
-
Gold Rate Yesterday (24K): ₹XX,XXX per 10 grams
-
Gold Rate Yesterday (22K): ₹XX,XXX per 10 grams
Silver Rates (Indicative)
-
Silver Rate Today: ₹XXX per gram
-
Silver Rate Today: ₹XX,XXX per kg
-
Silver Rate Yesterday: ₹XXX per gram
-
Silver Rate Yesterday: ₹XX,XXX per kg
(Rates are indicative and may vary by city and seller)
City-Wise Gold and Silver Rates in India
Gold and Silver Rates in Delhi
Delhi often reflects benchmark prices due to high trading volumes.
Gold and Silver Rates in Mumbai
Mumbai prices are influenced by port imports and bullion markets.
Gold and Silver Rates in Chennai
Higher demand keeps prices slightly elevated.
Gold and Silver Rates in Kolkata
Eastern India sees moderate fluctuations.
Why City Prices Differ
Local taxes, transportation costs, and demand levels play a role.
Gold vs Silver – Which Is a Better Investment?
Returns Comparison
Gold offers stability; silver offers volatility and growth potential.
Risk and Volatility
Silver prices swing faster, making it riskier but rewarding.
Long-Term vs Short-Term Goals
Gold suits long-term wealth preservation, silver fits tactical investing.
Best Time to Buy Gold and Silver in India
Seasonal Trends
Prices often dip during off-season months.
Festival and Wedding Seasons
Expect higher prices due to increased demand.
Market Timing Tips
Buy during corrections, not hype waves.
Digital Gold, ETFs, and Physical Metals
Physical Gold and Silver
Traditional, tangible, and emotionally satisfying.
Digital Gold Options
Buy, sell, and store online with ease.
Gold ETFs and Sovereign Gold Bonds
Tax-efficient and hassle-free investment routes.
Tax Implications on Gold and Silver in India
Capital Gains Tax on Gold
Short-term and long-term gains are taxed differently.
Capital Gains Tax on Silver
Similar taxation structure as gold.
GST on Precious Metals
Currently charged at 3% on value.
How Tax News India Helps You Stay Updated
Daily Price Updates
Accurate gold and silver rates at your fingertips.
Expert Insights and Analysis
We break down trends so you don’t have to.
Trusted Source for Tax and Finance News
Reliable, updated, and easy to understand.
Conclusion
Gold and silver are more than investments—they’re financial companions through every economic cycle. Whether you’re buying jewellery, planning an investment, or tracking market trends, staying updated on gold and silver rates is essential. At Tax News India, we ensure you get accurate, timely, and actionable insights so you can make smarter financial decisions with confidence.
Frequently Asked Questions (FAQs)
1. How often do gold and silver rates change in India?
Gold and silver rates change daily based on international markets and local demand.
2. Is it better to invest in gold or silver?
Gold offers stability, while silver offers higher growth potential with more volatility.
3. Why do gold prices differ from city to city?
Local taxes, demand, and transportation costs cause variations.
4. Are digital gold investments safe in India?
Yes, if purchased from trusted platforms and regulated entities.
5. Does GST apply to gold and silver purchases?
Yes, a 3% GST is applicable on gold and silver in India.