Table 166 : Monthly Average Price of Gold and Silver in Domestic and Foreign Markets

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Published on September 13, 2024

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Table 166 : Monthly Average Price of Gold and Silver in Domestic and Foreign Markets

Year/Month	Gold				Silver
	Mumbai	London		Spread in ₹	Mumbai	New York		Spread in ₹
	₹ per 10gms.	$ per troy oz.	₹ per 10gms.	Spread in ₹	₹ per kg.	Cents per troy oz.	₹ per kg.	Spread in ₹
1	2	3	4	5	6	7	8	9
2020-21
Apr	45504.44	1681.73	41473.39	4031.05	42058.33	1513.74	37102.70	4955.63
May	46343.28	1716.04	41819.24	4524.04	45096.67	1633.02	39723.66	5373.01
Jun	47314.73	1733.13	42174.04	5140.69	48212.95	1774.48	43202.74	5010.21
Jul	49878.43	1842.06	44440.77	5437.66	54813.48	2060.26	49674.82	5138.66
Aug	52917.19	1969.87	47296.02	5621.17	67717.48	2699.47	64807.73	2909.75
Sep	50783.64	1922.85	45410.30	5373.34	63337.05	2582.80	61018.36	2318.69
Oct	50697.85	1901.40	44897.31	5800.54	61319.90	2420.82	57173.26	4146.64
Nov	50428.65	1866.50	44568.17	5860.48	62255.55	2405.08	57390.49	4865.06
Dec	49443.86	1856.11	43971.49	5472.37	64756.50	2506.30	59301.44	5455.06
Jan	49611.95	1868.33	43898.92	5713.03	66784.65	2589.73	60872.05	5912.60
Feb	47107.10	1811.09	42323.92	4783.18	69065.45	2727.35	63797.57	5267.88
Mar	44647.57	1719.89	40218.46	4429.12	65981.14	2560.47	59923.84	6057.30
Average	48723.22	1824.08	43541.00	5182.22	59283.26	2289.46	54499.06	4784.21
2021-22
Apr	46517.21	1760.24	42276.37	4240.84	67528.42	2564.63	61405.89	6122.53
May	47860.25	1850.39	43623.45	4236.80	70833.35	2751.03	64803.61	6029.74
Jun	47890.86	1835.33	43376.73	4514.14	69959.95	2691.31	63648.18	6311.77
Jul	47763.52	1806.48	43305.41	4458.11	68338.19	2569.26	61561.87	6776.32
Aug	47108.95	1784.03	42568.42	4540.53	64219.48	2395.39	57132.14	7087.34
Sep	46584.14	1779.10	42012.23	4571.92	61892.29	2323.78	54960.16	6932.13
Oct	47218.79	1775.68	42799.63	4419.16	62890.42	2337.41	56298.49	6591.93
Nov	48192.85	1820.26	43597.05	4595.80	64667.15	2412.84	57790.48	6876.67
Dec	47889.83	1788.43	43354.53	4535.30	61280.43	2252.41	54582.17	6698.26
Jan	47960.25	1816.54	43461.17	4499.08	62037.85	2312.09	55336.36	6701.49
Feb	49254.00	1857.01	44818.38	4435.62	63174.60	2350.90	56689.83	6484.77
Mar	51750.29	1947.62	47793.64	3956.65	68285.62	2527.74	61962.94	6322.68
Average	47999.25	1818.43	43582.25	4417.00	65425.65	2457.40	58847.68	6577.97
2022-23
Apr	52022.53	1934.47	47313.45	4709.08	66922.00	2456.26	60150.14	6771.86
May	50879.43	1849.92	45995.06	4884.37	61572.43	2186.17	54345.40	7227.03
Jun	50804.23	1834.43	46059.15	4745.07	60936.36	2149.01	53943.59	6992.77
Jul	50784.33	1737.61	44435.36	6348.97	55994.33	1908.85	48852.32	7142.01
Aug	51639.15	1765.64	45143.22	6495.93	56831.30	1967.98	50336.09	6495.21
Sep	49913.55	1684.18	43420.98	6492.57	55231.95	1890.56	48767.15	6464.80
Oct	50506.00	1665.03	44026.69	6479.31	57505.32	1945.04	51491.07	6014.25
Nov	51873.62	1725.92	45463.40	6410.22	60968.14	2106.56	55408.21	5559.93
Dec	53940.82	1795.49	47635.95	6304.87	66698.45	2335.63	61924.18	4774.27
Jan	56246.33	1898.17	49922.13	6324.20	68305.14	2375.91	62560.94	5744.20
Feb	56645.60	1856.32	49252.81	7392.79	66401.70	2189.76	58158.31	8243.39
Mar	57513.67	1910.66	50600.68	6912.98	66519.62	2201.28	58238.02	8281.60
Average	52730.77	1804.82	46605.74	6125.03	61990.56	2142.75	55347.95	6642.61
2023-24
Apr	60145.24	1999.63	52709.63	7435.60	74386.24	2508.23	66142.64	8243.60
May	60582.77	1991.50	52683.49	7899.28	73014.50	2423.40	64157.19	8857.31
Jun	59056.38	1943.26	51423.43	7632.95	71190.29	2338.07	61815.55	9374.74
Jul	58921.71	1949.21	51473.31	7448.40	72944.67	2411.96	63705.92	9238.75
Aug	58737.95	1920.62	51150.52	7587.43	72134.50	2345.82	62436.67	9697.83
Sep	58742.50	1917.70	51159.23	7583.27	71852.25	2310.53	61692.09	10160.16
Oct	58773.20	1912.98	51233.59	7539.61	70083.95	2234.69	59802.14	10281.81
Nov	60785.95	1984.51	53151.28	7634.67	72222.29	2349.05	62909.82	9312.47
Dec	62172.95	2031.30	51325.74	10847.21	73925.65	2392.67	64063.15	9862.50
Jan	62322.43	2034.63	54389.15	7933.28	71722.81	2289.53	61185.42	10537.39
Feb	62017.33	2024.45	53974.70	8042.63	70327.67	2266.42	60453.12	9874.55
Mar	65229.00	2158.24	57538.97	7690.03	73109.00	2454.19	65488.46	7620.54
Average	60623.95	1989.00	52684.42	7939.53	72242.82	2360.38	62821.01	9421.80
2024-25
Apr	71353.00	2335.89	62500.35	8852.65	80778.30	2749.30	73724.15	7054.15
May	72134.95	2351.35	63038.55	9096.40	86866.14	2948.92	79064.79	7801.35
Jun	72014.00	2325.84	62439.61	9574.39	88666.26	2962.46	79502.14	9164.13
Average	71833.98	2337.69	62659.50	9174.48	85436.90	2886.89	77430.36	8006.54
Source : The data source are (i) Business Standard/ Business Line/ The Economic Times, Mumbai for gold and silver prices in Mumbai/IBJA Website for gold and silver prices in Mumbai and LBMA for gold price in London and (ii) Thomson Reuters for silver price in New York.