Publications

Year

Gold

Silver

Mumbai

London

Mumbai

New York

Rupees per

$ per

Rupees per

Spread in Rupees

Rupees per

Cents per

Rupees per

Spread in Rupees

10gms.

troy oz.

10 gms.

(2-4)

kg.

troy oz.

kg.

(6-8)

1

2

3

4

5

6

7

8

9

1970-71

184.96

36.81

89.44

95.52

536.08

170.80

415.02

121.06

1971-72

200.16

43.01

103.33

96.83

561.35

151.30

363.51

197.84

1972-73

242.57

64.86

160.31

82.26

554.24

185.54

458.89

95.35

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

-43.90

1977-78

637.93

157.56

433.83

204.09

1240.54

473.46

1305.77

-65.24

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

-31.11

1983-84

1858.47

404.15

1342.06

516.41

3505.80

1060.64

3516.66

-10.87

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

1522.02

1986-87

2323.49

383.33

1577.02

746.46

4247.10

539.87

2220.03

2027.08

1987-88

3082.43

458.84

1912.54

1169.89

5538.83

721.49

3016.70

2522.12

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

3995.61

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

469.98

4741.09

1607.03

1994-95

4667.24

382.79

3864.15

803.09

6692.31

513.91

5187.33

1504.98

1995-96

4957.60

389.36

4188.58

769.03

7220.50

540.18

5811.03

1409.48

1996-97

5070.71

375.52

4283.94

786.77

7165.07

505.21

5762.65

1402.42

1997-98

4347.07

316.94

3775.92

571.15

7352.27

521.38

6153.96

1198.31

1998-99

4268.00

292.32

3952.00

316.00

7855.00

529.00

7144.00

712.00

1999-00

4393.56

279.65

3896.66

496.90

8066.94

523.16

7286.51

780.43

2000-01

4473.60

272.12

4007.79

465.81

7868.39

483.16

7110.18

758.20

2001-02

4579.12

277.74

4260.24

318.88

7447.19

437.47

6708.71

738.49

2002-03

5332.36

325.49

5062.11

270.25

7990.53

467.11

7268.46

722.07

2003-04

5718.95

377.65

5573.53

145.41

8721.90

541.35

7982.49

739.40

2004-05

6145.38

413.95

5976.14

169.24

10680.82

676.64

9766.58

914.24

2005-06

6900.56

476.58

6790.26

110.30

11828.81

801.23

11417.37

411.45

2006-07

9240.32

628.41

9137.79

102.53

19056.57

1248.02

18133.96

922.61

2007-08

9995.62

765.78

9897.12

98.50

19427.45

1447.36

18661.40

766.05

Note :
1. The data source for this table for the period 1970-71 to 2000-01 are Bombay Bullion Association and
Press Trust of India. For the period 2001-02 onwards, the data sources are (i) Economic Times, Mumbai for gold price in Mumbai and London and silver price in Mumbai and (ii) Thomson datastream for silver price in New York.
2. Data provided in this Table for the period 1970-71 to 2000-01 and 2001-02 to 2006-07 may not be strictly comparable due to different sources of information.
Source :
1. Bombay Bullion Association Ltd. 2. Economic Times, Mumbai. 3. Press Trust of India. 4. Thomson Financial Ltd.