| Item | 2016-17 | 2017 | 2018 | | Jan. | Dec. | Jan. | | 1 | 2 | 3 | 4 | | 1 Standard Gold (₹ per 10 grams) | 29,665 | 28,746 | 28,763 | 29,854 | | 2 Silver (₹ per kilogram) | 42,748 | 41,140 | 37,270 | 38,931 | | Source: India Bullion & Jewellers Association Ltd., Mumbai for Gold and Silver prices in Mumbai. | |