The cost of gold has decreased by Rs. 200 per sovereign on Monday Morning (October 16, 2023). The cost of the gold rate has decreased by Rs. 25 per gram.

The gold rate has decreased and one sovereign is worth Rs. 44240.00 and a gram is Rs. 5530.00.

The cost of 1 gram of pure gold (24 K) is now Rs. 6000.00.

A kilo of silver is priced at Rs. 77500.00 and a gram is worth Rs. 77.50.