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No. 28 : Bullion Prices (Spot) - Mumbai


                                                                        (Rs.)
______________________________________________________________________________
As on the last    Standard Gold(per 10 grams)        Silver (per Kilogram)
Friday/Friday(1)  ______________________________  ____________________________
                         Opening        Closing        Opening        Closing

______________________________________________________________________________
                1              2              3              4              5
______________________________________________________________________________

1990-91                  3470.00        3440.00        6668.00        6663.00
1992-93                  4090.00        4082.00        5500.00        5492.00
1993-94                  4623.00        4629.00        7346.00        7339.00
1994-95                  4675.00        4680.00        6375.00        6335.00
1995-96                  5192.00        5171.00        7329.00        7311.00
1996-97                  4700.00        4690.00        7325.00        7340.00

Jul.    1996             5140.00        5139.00        7042.00        7045.00
Aug.    1996             5180.00        5170.00        7325.00        7325.00
Sep.    1996             5120.00        5105.00        6945.00        6915.00
Oct.    1996             5165.00        5150.00        6980.00        6970.00
Nov.    1996             5110.00        5095.00        6860.00        6820.00
Dec.    1996             5060.00        5060.00        6945.00        6930.00
Jan.    1997             4850.00        4830.00        7070.00        7075.00
Feb.    1997             4880.00        4890.00        7530.00        7605.00
Mar.    1997             4700.00        4690.00        7325.00        7340.00
Apr.    1997             4785.00        4780.00        6845.00        6840.00
May     1997             4775.00        4780.00        6935.00        6930.00
Jun.    1997             4595.00        4585.00        6725.00        6725.00

Week Ended
----------
Jul.  4,1997             4370.00        4365.00        6550.00        6520.00
Jul. 11,1997             4420.00        4470.00        6350.00        6370.00
Jul. 18,1997             4530.00        4540.00        6255.00        6230.00
Jul. 25,1997             4520.00        4520.00        6245.00        6250.00
______________________________________________________________________________
Source : Bombay bullion Association Ltd.

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