| Item | 2017-18 | 2017 | 2018 | | May | Apr. | May | | 1 | 2 | 3 | 4 | | 1 Standard Gold (₹ per 10 grams) | 29,300 | 28,471 | 30,986 | 31,116 | | 2 Silver (₹ per kilogram) | 39,072 | 39,366 | 38,913 | 39,716 | | Source: India Bullion & Jewellers Association Ltd., Mumbai for Gold and Silver prices in Mumbai. | |