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Date : Sep 15, 2019
Table 165 : 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. ₹ per kg. Cents per troy oz. ₹ per kg.
1 2 3 4 5 6 7 8 9
2015-16                
Apr 26682.61 1197.91 24166.80 2515.81 37490.87 1634.10 32968.96 4521.91
May 27093.04 1199.05 24630.75 2462.29 38990.65 1683.30 34528.32 4462.33
Jun 26645.96 1181.50 24268.98 2376.98 37481.15 1607.50 33004.71 4476.44
Jul 25539.38 1130.04 23218.13 2321.25 35257.29 1505.30 30797.11 4460.18
Aug 25728.54 1117.47 23369.50 2359.04 35499.79 1494.10 31258.42 4241.37
Sep 26245.83 1124.53 23937.11 2308.72 35601.04 1475.00 31402.04 4199.00
Oct 26576.59 1124.53 24275.67 2300.92 37207.50 1581.30 33075.47 4132.03
Nov 25648.39 1085.70 23105.10 2543.29 35340.06 1445.20 30720.82 4619.24
Dec 25207.38 1068.14 22865.33 2342.05 34245.24 1412.70 30247.26 3997.98
Jan 25997.50 1096.52 23757.57 2239.93 34287.25 1410.60 30500.17 3787.08
Feb 28251.67 1197.40 26329.26 1922.41 36916.90 1516.70 33274.76 3642.14
Mar 28794.25 1246.33 26854.18 1940.07 37499.50 1546.50 33324.02 4175.48
Average 26534.26 1147.43 24231.53 2302.73 36318.10 1526.03 32091.84 4226.26
2016-17                
Apr 28818.16 1241.86 26529.54 2288.62 38656.05 1636.00 34962.06 3693.99
May 29639.09 1259.57 27083.84 2555.25 40692.50 1694.70 36454.72 4237.78
Jun 29745.45 1274.99 27616.71 2128.74 41195.91 1728.60 37400.76 3795.15
Jul 30941.75 1337.38 28863.65 2078.10 46942.50 1999.20 43198.22 3744.28
Aug 31270.00 1340.98 28855.50 2414.50 46614.09 1958.70 42154.35 4459.74
Sep 31178.00 1326.32 28459.39 2718.61 46233.50 1935.70 41533.69 4699.81
Oct 30071.37 1267.75 27200.73 2870.64 43230.05 1765.50 37887.42 5342.63
Nov 29796.43 1238.14 26884.40 2912.03 42971.90 1740.70 37846.57 5125.33
Dec 27754.29 1151.78 25127.05 2627.24 40288.81 1643.20 35871.87 4416.94
Jan 28745.95 1192.63 26107.99 2637.96 41139.76 1690.20 36995.68 4144.08
Feb 29264.74 1233.87 26596.11 2668.63 42914.47 1793.30 38672.98 4241.49
Mar 28758.18 1231.08 26072.12 2686.06 42100.23 1763.10 37342.17 4758.06
Average 29665.28 1258.03 27116.42 2548.87 42748.31 1779.08 38360.04 4388.27
2017-18                
Apr 29010.28 1266.39 26259.70 2750.58 42141.67 1803.30 37399.56 4742.11
May 28471.36 1245.13 25807.97 2663.39 39366.14 1674.50 34684.03 4682.11
Jun 28823.10 1260.77 26125.03 2698.07 39491.67 1689.43 35003.17 4488.50
Jul 28170.48 1235.66 25616.79 2553.69 37404.29 1616.74 33503.84 3900.45
Aug 28893.24 1282.02 26314.45 2578.79 38637.33 1691.54 34788.81 3848.52
Sep 29899.29 1316.01 27240.01 2659.28 40120.00 1741.60 36083.00 4037.00
Oct 29505.30 1280.10 26768.87 2736.43 39385.05 1691.33 35389.63 3995.42
Nov 29399.09 1282.74 26739.80 2659.29 39332.27 1697.05 35389.97 3942.30
Dec 28763.42 1264.57 26085.49 2677.93 37270.26 1619.22 33443.97 3826.29
Jan 29854.32 1332.24 27223.50 2630.82 38931.36 1715.46 35097.84 3833.52
Feb 30391.32 1332.65 27546.59 2844.73 38453.95 1660.42 34365.16 4088.79
Mar 30419.72 1325.11 27694.44 2725.28 38332.22 1645.30 34394.64 3937.58
Average 29300.08 1285.28 26618.55 2681.52 39072.18 1687.16 34961.97 4110.22
2018-19                
Apr 30985.50 1334.56 28188.63 2796.87 38913.25 1659.44 35018.52 3894.73
May 31116.14 1303.32 28299.36 2816.78 39716.36 1644.22 35705.49 4010.87
Jun 30707.14 1281.85 27929.68 2777.46 39907.14 1647.22 35902.75 4004.39
Jul 30097.05 1238.29 27352.68 2744.37 38592.27 1568.86 34649.02 3943.25
Aug 29644.29 1201.55 26902.04 2742.24 37374.05 1491.80 33356.14 4017.91
Sep 30537.78 1198.89 27800.49 2737.29 36864.17 1421.55 33005.08 3859.09
Oct 31489.29 1215.06 28771.98 2717.31 38307.38 1453.33 34405.17 3902.21
Nov 31010.37 1221.11 28179.65 2830.72 36879.26 1434.74 33144.81 3734.45
Dec 31250.50 1250.14 28448.07 2802.43 37094.75 1473.20 33501.40 3593.35
Jan 32230.00 1291.69 29394.76 2835.24 39100.00 1560.46 35486.57 3613.43
Feb 33216.50 1319.91 30215.68 3000.82 40058.50 1579.40 36165.62 3892.88
Mar 32036.32 1301.59 29081.27 2955.05 38043.68 1528.42 34141.78 3901.90
Average 31193.41 1263.16 28380.36 2813.05 38404.23 1538.55 34540.20 3864.04
2019-20                
Apr 31659.26 1287.05 28720.12 2939.14 37328.16 1502.64 33540.99 3787.17
May 31737.55 1283.53 28817.96 2919.59 36589.77 1463.46 32829.19 3760.58
Jun 33121.26 1356.47 30320.65 2800.62 37186.95 1502.29 33538.68 3648.27
Jul 34522.26 1413.79 31257.89 3254.37 39098.70 1576.16 34868.48 4230.21
Average 32760.08 1335.21 29779.15 2978.43 37550.89 1511.14 33694.34 3856.56
Note : 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.

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