Table 41 : Average Price of Gold and Silver in Domestic and Foreign Markets - RBI - Reserve Bank of India
Table 41 : Average Price of Gold and Silver in Domestic and Foreign Markets
Year |
Gold |
Silver |
||||||
Mumbai |
London |
Spread in Rupees (2-4) |
Mumbai |
NewYork |
Spread in Rupees (6-8) |
|||
Rupees per 10 gms. |
$ per troy oz. |
Rupees per 10 gms. |
Rupees per kg. |
Cents per troy oz. |
Rupees per kg. |
|||
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
1973-74 |
369.33 |
115.77 |
291.17 |
78.16 |
799.01 |
320.08 |
809.59 |
-10.58 |
1974-75 |
519.19 |
166.37 |
424.73 |
94.46 |
1122.40 |
458.83 |
1170.86 |
-48.46 |
1975-76 |
545.21 |
149.49 |
415.79 |
129.42 |
1171.64 |
437.36 |
1220.06 |
-48.42 |
1976-77 |
549.82 |
126.64 |
369.59 |
180.22 |
1247.89 |
447.58 |
1291.78 |
-43.89 |
1977-78 |
637.93 |
157.56 |
433.83 |
204.09 |
1240.54 |
473.46 |
1305.77 |
-65.23 |
1978-79 |
791.22 |
208.29 |
550.12 |
241.10 |
1500.94 |
589.92 |
1559.13 |
-58.19 |
1979-80 |
1158.75 |
405.38 |
1052.88 |
105.87 |
2301.30 |
1748.88 |
4532.00 |
-2230.70 |
1980-81 |
1522.44 |
584.92 |
1484.67 |
37.76 |
2617.61 |
1585.14 |
4020.30 |
-1402.69 |
1981-82 |
1719.17 |
420.95 |
1209.94 |
509.23 |
2636.06 |
914.52 |
2617.36 |
18.70 |
1982-83 |
1722.54 |
401.43 |
1250.38 |
472.16 |
2798.34 |
906.49 |
2829.46 |
-31.12 |
1983-84 |
1858.47 |
404.15 |
1342.06 |
516.41 |
3505.80 |
1060.64 |
3516.66 |
-10.86 |
1984-85 |
1983.92 |
340.01 |
1293.78 |
690.13 |
3593.59 |
740.98 |
2810.19 |
783.40 |
1985-86 |
2125.47 |
327.75 |
1289.76 |
835.71 |
3918.38 |
609.00 |
2396.35 |
1522.03 |
1986-87 |
2323.49 |
383.33 |
1577.02 |
746.46 |
4247.10 |
539.87 |
2220.03 |
2027.07 |
1987-88 |
3082.43 |
458.84 |
1912.54 |
1169.89 |
5538.83 |
721.49 |
3016.70 |
2522.13 |
1988-89 |
3175.22 |
422.01 |
1960.38 |
1214.84 |
6366.76 |
639.65 |
2971.52 |
3395.24 |
1989-90 |
3229.33 |
384.79 |
2063.01 |
1166.32 |
6841.91 |
531.61 |
2846.31 |
3995.60 |
1990-91 |
3451.52 |
374.65 |
2164.26 |
1287.26 |
6760.79 |
449.86 |
2579.21 |
4181.58 |
1991-92 |
4297.63 |
357.40 |
2841.07 |
1456.55 |
7332.41 |
409.34 |
3269.89 |
4062.52 |
1992-93 |
4103.66 |
338.35 |
3332.95 |
770.71 |
7078.39 |
381.97 |
3749.87 |
3328.52 |
1993-94 |
4531.87 |
373.42 |
3766.28 |
765.58 |
6348.12 |
470.54 |
4741.09 |
1607.03 |
1994-95 |
4667.24 |
382.79 |
3864.15 |
803.09 |
6692.31 |
513.85 |
5187.33 |
1504.98 |
1995-96 |
4957.60 |
389.36 |
4188.58 |
769.03 |
7220.50 |
540.05 |
5809.36 |
1411.14 |
1996-97 |
5070.71 |
375.52 |
4285.60 |
786.77 |
7165.07 |
505.33 |
5762.65 |
1402.42 |
1997-98 |
4347.07 |
316.94 |
3775.92 |
571.14 |
7352.27 |
520.00 |
6153.96 |
1198.31 |
1998-99 |
4268.17 |
292.32 |
3952.25 |
316.08 |
7855.33 |
529.79 |
7143.92 |
711.42 |
1999-00 |
4393.56 |
279.65 |
3896.66 |
496.90 |
8066.94 |
522.68 |
7286.51 |
780.43 |
2000-01 |
4473.60 |
272.12 |
4007.79 |
465.54 |
7868.39 |
483.59 |
7110.18 |
758.21 |
2001-02 |
4579.12 |
277.74 |
4260.23 |
318.89 |
7447.19 |
437.34 |
6708.71 |
738.49 |
2002-03 |
5332.36 |
325.49 |
5062.11 |
270.25 |
7990.53 |
467.23 |
7268.46 |
722.07 |
2003-04 |
5718.95 |
377.65 |
5573.53 |
145.41 |
8721.90 |
541.55 |
7982.49 |
739.40 |
2004-05 |
6145.38 |
413.95 |
5976.14 |
169.24 |
10680.82 |
676.17 |
9766.58 |
914.24 |
2005-06 |
6900.56 |
476.58 |
6790.26 |
110.31 |
11828.81 |
801.17 |
11417.37 |
411.45 |
2006-07 |
9240.32 |
628.41 |
9137.79 |
102.53 |
19056.57 |
1247.74 |
18133.96 |
922.62 |
2007-08 |
9995.62 |
765.78 |
9897.12 |
98.50 |
19427.45 |
1448.96 |
18738.23 |
689.22 |
2008-09 |
12889.74 |
867.19 |
12816.81 |
72.94 |
21247.57 |
1374.98 |
20059.44 |
1188.13 |
2009-10 |
15756.09 |
1023.03 |
15569.88 |
186.22 |
25320.69 |
1576.30 |
23980.04 |
1340.65 |
2010-11 |
19227.08 |
1293.53 |
18937.48 |
289.60 |
37289.54 |
2391.16 |
35050.93 |
2238.61 |
2011-12 |
25722.42 |
1644.87 |
25394.03 |
328.39 |
57315.87 |
3545.64 |
54320.69 |
2995.18 |
2012-13 |
30163.93 |
1653.51 |
28919.04 |
1244.89 |
57602.30 |
3050.71 |
53329.11 |
4273.19 |
2013-14 |
29190.39 |
1326.68 |
25739.35 |
3451.04 |
46636.80 |
2145.41 |
41643.21 |
4993.59 |
Notes : 1. The data source for this Table for the 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) Business Standard/ Business Line and Economic
Times, Mumbai for gold and silver price in Mumbai and LBMA for gold price in London and (ii) IMF-IFS for silver price in
New York.
|