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83644146

Table 171 : Monthly Average Price of Gold and Silver in Domestic and Foreign Markets

Year/Month

Gold

Silver

Mumbai

London

Spread in Rupees

Mumbai

New York

Spread in Rupees

Rupees per 10gms.

$ per troy oz.

Rupees per 10gms.

Rupees per kg.

Cents per troy oz.

Rupees per kg.

1

2

3

4

5

6

7

8

9

2007-08

 

 

 

 

 

 

 

 

Apr

9321.09

679.37

9208.48

112.61

19677.17

1373.22

18608.45

1068.72

May

8878.13

666.86

8747.34

130.79

18537.29

1314.78

17238.77

1298.52

Jun

8707.42

655.49

8589.76

117.66

18286.73

1315.43

17243.99

1042.74

Jul

8741.35

665.30

8643.45

97.90

17814.54

1293.43

16806.02

1008.52

Aug

8835.58

665.41

8734.73

100.85

17406.73

1233.00

16182.29

1224.44

Sep

9310.96

712.65

9240.29

70.67

17651.09

1292.92

16768.67

882.42

Oct

9690.96

754.60

9582.85

108.11

18385.00

1372.17

17430.95

954.05

Nov

10340.38

806.20

10230.36

110.02

19573.46

1467.20

18602.78

970.68

Dec

10311.00

803.20

10184.54

126.46

19056.00

1431.23

18148.12

907.88

Jan

11290.96

889.60

11260.07

30.89

20405.38

1605.90

20328.99

76.39

Feb

11887.83

922.30

11783.68

104.15

21978.96

1766.62

22567.39

-588.43

Mar

12631.74

968.43

12559.87

71.87

24357.05

1921.60

24932.36

-575.31

Average

9995.62

765.78

9897.12

98.50

19427.45

1448.96

18738.23

689.22

2008-09

 

 

 

 

 

 

 

 

Apr

11810.42

909.70

11716.29

94.13

23474.17

1751.07

22531.88

942.29

May

12143.00

888.66

12042.43

100.57

23795.63

1704.90

23090.32

705.31

Jun

12353.00

889.49

12262.44

90.56

24204.00

1703.95

23458.30

745.70

Jul

13027.96

939.77

12940.49

87.47

25624.37

1806.41

24879.21

745.16

Aug

11860.64

839.03

11604.57

256.07

22172.68

1457.81

20124.62

2048.06

Sep

12220.28

829.93

12183.12

37.16

20141.71

1219.33

17861.97

2279.74

Oct

12690.87

806.62

12621.51

69.36

18637.61

1042.72

16311.39

2326.22

Nov

12142.92

760.86

11971.53

171.39

17210.43

986.78

15545.39

1665.04

Dec

12922.60

816.09

12774.94

147.66

17350.40

1031.66

16131.41

1218.99

Jan

13472.80

858.69

13494.24

-21.44

18710.40

1139.90

17896.90

813.50

Feb

14800.22

943.16

14955.10

-154.88

21448.26

1343.68

21280.93

167.33

Mar

15232.20

924.27

15235.02

-2.82

22201.20

1311.50

21600.94

600.26

Average

12889.74

867.19

12816.81

72.94

21247.57

1374.98

20059.44

1188.13

2009-10

 

 

 

 

 

 

 

 

Apr

14474.57

890.20

14350.03

124.54

21339.52

1252.02

20151.61

1187.91

May

14620.83

928.64

14468.11

152.72

22587.08

1411.22

22020.28

566.80

Jun

14638.85

945.67

14529.73

109.12

23069.54

1465.93

22515.02

554.52

Jul

14720.37

934.23

14540.18

180.19

22375.74

1338.64

20864.22

1511.52

Aug

14952.08

949.38

14754.61

197.47

23583.54

1443.05

22425.09

1158.45

Sep

15722.61

996.59

15520.35

202.26

26220.87

1648.48

25672.55

548.32

Oct

15882.39

1043.16

15672.10

210.29

27322.61

1726.39

25932.42

1390.19

Nov

17056.80

1127.04

16874.27

182.53

28264.00

1787.68

26764.67

1499.33

Dec

17159.42

1134.72

17003.97

155.45

28363.08

1764.45

26451.77

1911.31

Jan

16705.80

1117.96

16522.76

183.04

28027.60

1775.05

26228.88

1798.72

Feb

16525.43

1095.41

16319.80

205.63

25608.48

1587.21

23641.12

1967.36

Mar

16613.96

1113.34

16282.59

331.37

27086.25

1715.46

25092.83

1993.42

Average

15756.09

1023.03

15569.88

186.22

25320.69

1576.30

23980.04

1340.65

2010-11

 

 

 

 

 

 

 

 

Apr

16692.92

1148.69

16433.98

258.94

28060.42

1816.83

25993.24

2067.18

May

18024.20

1205.43

17757.41

266.79

29342.20

1842.24

27133.87

2208.33

Jun

18744.62

1232.92

18463.56

281.06

29821.35

1853.43

27748.88

2072.47

Jul

18269.81

1192.97

17964.95

304.86

29368.08

1793.98

28168.28

1199.80

Aug

18457.20

1215.81

18215.14

242.06

29828.00

1849.25

27686.36

2141.64

Sep

19055.63

1270.98

18796.48

259.15

32519.33

2061.12

30523.43

1995.90

Oct

19474.23

1342.02

19169.80

304.43

35943.85

2346.86

33509.34

2434.51

Nov

20140.21

1369.89

19823.24

316.97

41124.50

2657.20

38459.57

2664.93

Dec

20506.30

1390.55

20175.94

330.36

45349.81

2937.35

42645.18

2704.63

Jan

20203.80

1356.40

19802.51

401.29

44807.40

2855.15

41668.96

3138.44

Feb

20321.09

1372.73

20054.08

267.01

46825.45

3085.84

45077.79

1747.66

Mar

20835.00

1424.01

20592.71

242.29

54484.08

3594.61

51996.29

2487.79

Average

19227.08

1293.53

18937.48

289.60

37289.54

2391.16

35050.93

2238.61

2011-12

 

 

 

 

 

 

 

 

Apr

21469.78

1473.81

21019.10

450.68

65269.35

4279.79

61052.40

4216.92

May

22129.50

1510.44

21818.54

310.96

57048.46

3708.00

53532.89

3515.57

Jun

22213.85

1528.66

22062.71

151.14

54497.12

3584.00

51684.03

2813.09

Average

21937.71

1504.30

21633.45

304.26

58938.31

3857.26

55423.11

3515.19

Note : 1. The data source forthis Table forthe period 1970-71 to 1999-2000 are Bombay Bullion Association and Press Trust of India. For the period 2000-01 onwards, the data sources are (i) Economic Times, Mumbai for gold and silver prices in Mumbai and LBMA for gold price in London and (ii) IMF-IFS for silver price in New York.
2. Data provided in this Table for the period 1970-71 to 1999-2000 and 2000-01 to 2011-12 may not be strictly comparable due to different sources of information.
Source: 1. Bombay Bullion Association Ltd. 2. Economic Times, Mumbai. 3. Press Trust of India. 4. IMF-IFS. 5. London Bullion Market Association (LBMA).

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