Gold

Silver

Year

Mumbai

London

Spread in

Mumbai

New York

Spread in

Rupees

$ per

Rupee s

Rupees

Rupees

Cents per

Rupees

Rupees

per 10 gms.

troy oz.

per 10 gms.

per kg.

troy oz.

per kg.

1

2

3

4

5

6

7

8

9

1990-91

April

3,416.50

374.93

2,083.41

1,333.09

6,755.80

504.58

2,803.84

3,951.96

May

3,431.40

368.85

2,055.34

1,376.06

6,734.40

507.39

2,828.98

3,905.42

June

3,314.35

352.66

1,975.57

1,338.78

6,696.77

490.60

2,748.28

3,948.49

July

3,284.80

361.82

2,044.55

1,240.25

6,803.64

485.90

2,720.03

4,083.61

August

3,414.71

394.86

2,204.39

1,210.32

6,939.38

498.13

2,779.25

4,160.13

September

3,409.05

389.56

2,238.52

1,170.53

6,833.32

479.03

2,753.75

4,079.57

October

3,490.76

381.33

2,216.84

1,273.92

6,959.24

436.59

2,426.45

4,532.79

November

3,460.52

381.87

2,219.69

1,240.83

6,646.40

416.90

2,422.90

4,223.50

December

3,453.20

378.16

2,204.34

1,248.86

6,391.84

407.18

2,372.54

4,019.30

January

3,687.52

384.59

2,266.55

1,420.97

6,805.22

402.82

2,373.80

4,431.42

February

3,534.78

363.75

2,205.91

1,328.87

6,809.22

372.32

2,256.47

4,552.75

March

3,520.70

363.39

2,256.06

1,264.64

6,754.22

396.90

2,464.17

4,290.05

Average

3,451.52

374.65

2,164.26

1,287.26

6,760.79

449.86

2,579.21

4,181.58

1991-92

April

3,583.35

358.05

2,294.56

1,288.79

6,710.31

397.20

2,546.07

4,164.24

May

3,750.77

357.13

2,362.66

1,388.11

6,909.68

404.14

2,676.29

4,233.39

June

3,733.87

366.43

2,477.25

1,256.62

6,837.00

438.85

2,967.01

3,869.99

July

4,065.54

368.01

3,027.32

1,038.22

7,018.15

430.38

3,533.46

3,484.69

August

4,187.08

356.66

2,957.29

1,229.79

6,867.88

393.88

3,265.00

3,602.88

September

4,246.48

348.46

2,898.23

1,348.25

6,996.86

403.60

3,350.81

3,646.05

October

4,491.28

358.83

2,987.56

1,503.72

7,235.12

410.27

3,413.17

3,821.95

November

4,713.55

360.50

2,997.23

1,716.32

7,277.50

406.41

3,379.21

3,898.29

December

4,883.20

361.88

3,010.74

1,872.46

7,692.20

391.21

3,251.75

4,440.45

January

4,930.84

354.33

2,953.14

1,977.70

8,357.96

412.01

3,430.87

4,927.09

February

4,737.79

353.85

2,948.29

1,789.50

8,137.38

413.71

3,446.13

4,691.25

March

4,247.79

344.64

3,178.62

1,069.17

7,948.92

410.36

3,978.92

3,970.00

Average

4,297.63

357.40

2,841.07

1,456.55

7,332.41

409.34

3,269.89

4,062.52

1992-93

April

4,497.18

338.73

3,365.70

1,131.48

8,395.41

403.00

3,998.67

4,396.74

May

4,176.77

337.04

3,287.43

889.34

7,973.09

406.83

3,976.31

3,996.78

June

4,110.15

340.78

3,313.26

796.89

7,255.88

405.64

3,942.41

3,313.47

July

4,136.55

352.45

3,428.00

708.55

7,537.00

394.98

3,686.19

3,850.81

August

4,094.00

343.60

3,323.88

770.12

7,626.14

378.38

3,660.16

3,965.98

September

4,086.13

345.30

3,336.85

749.28

7,351.50

376.52

3,638.57

3,712.93

October

4,079.00

344.26

3,320.23

758.77

7,196.33

373.75

3,608.26

3,588.07

November

3,998.61

334.91

3,241.48

757.13

6,539.35

376.32

3,645.50

2,893.85

December

3,966.81

334.69

3,305.05

661.76

6,644.71

370.79

3,663.73

2,980.98

January

3,977.24

329.15

3,271.32

705.92

6,810.35

367.92

3,654.02

3,156.33

February

4,027.10

329.31

3,457.45

569.65

6,056.71

364.24

3,820.80

2,235.91

March

4,094.39

330.03

3,344.74

749.65

5,554.22

365.27

3,703.81

1,850.41

Average

4,103.66

338.35

3,332.95

770.71

7,078.39

381.97

3,749.87

3,328.52

1993-94

April

4,331.27

341.95

3,446.90

884.37

5,809.41

396.38

3,999.53

1,809.88

May

4,518.50

366.48

3,697.13

821.37

6,187.13

444.03

4,479.20

1,707.93

June

4,468.20

371.91

3,752.33

715.87

6,009.88

437.55

4,407.98

1,601.90

July

4,564.59

391.69

3,957.87

606.72

6,481.48

502.08

5,080.34

1,401.14

August

4,526.57

379.80

3,819.41

707.16

6,362.35

477.86

4,819.75

1,542.60

September

4,401.63

355.36

3,584.30

817.33

6,071.67

417.17

4,207.65

1,864.02

October

4,483.64

364.00

3,671.37

812.27

5,974.68

434.83

4,385.63

1,589.05

November

4,587.09

374.22

3,773.22

813.87

6,070.13

452.50

4,566.08

1,504.05

December

4,637.46

383.25

3,865.33

772.13

6,562.65

493.17

4,973.97

1,588.68

January

4,659.04

387.11

3,907.58

751.46

6,746.00

513.14

5,167.31

1,578.69

February

4,606.21

381.66

3,849.28

756.93

6,839.50

527.24

5,317.54

1,521.96

March

4,598.19

383.65

3,870.67

727.52

7,062.58

543.86

5,488.13

1,574.45

Average

4,531.87

373.42

3,766.28

765.58

6,348.12

469.98

4,741.09

1,607.03

1994-95

April

4,641.04

378.19

3,814.20

826.84

7,046.25

532.06

5,369.34

1,676.91

May

4,665.38

381.34

3,842.86

822.52

6,980.96

543.13

5,472.96

1,508.00

June

4,593.58

385.51

3,885.92

707.66

6,784.88

539.30

5,432.66

1,352.22

July

4,597.42

385.41

3,887.18

710.24

6,707.35

528.65

5,331.92

1,375.43

August

4,602.83

380.14

3,835.65

767.18

6,661.22

519.66

5,246.51

1,414.71

September

4,682.17

391.35

3,946.09

736.08

6,965.29

553.36

5,579.98

1,385.31

October

4,755.16

390.17

3,935.11

820.05

7,054.56

543.30

5,484.47

1,570.09

November

4,748.48

384.38

3,880.93

867.55

6,866.38

519.63

5,236.30

1,630.08

December

4,677.70

379.48

3,829.51

848.19

6,430.85

476.88

4,812.43

1,618.42

January

4,700.83

378.91

3,821.26

879.57

6,361.04

476.91

4,810.01

1,551.03

February

4,681.64

376.76

3,803.43

878.21

6,259.95

469.66

4,747.95

1,512.00

March

4,660.65

381.82

3,887.68

772.97

6,188.96

464.36

4,723.44

1,465.52

Average

4,667.24

382.79

3,864.15

803.09

6,692.31

513.91

5,187.33

1,504.98

1995-96

April

4,804.90

391.26

3,956.18

848.72

6,896.38

551.35

5,618.83

1,277.55

May

4,795.19

385.35

3,893.82

901.37

7,105.81

558.18

5,628.43

1,477.38

June

4,731.27

387.62

3,912.65

818.62

6,793.77

536.25

5,413.92

1,379.85

July

4,689.15

386.14

3,895.77

793.38

6,683.54

517.58

5,221.54

1,462.00

August

4,687.05

383.50

3,893.17

793.88

6,816.43

539.63

5,453.48

1,362.95

September

4,777.26

382.93

4,081.92

695.34

7,188.17

540.85

5,777.47

1,410.70

October

4,956.06

383.27

4,246.88

709.18

7,511.71

534.60

5,932.49

1,579.22

November

5,038.58

385.21

4,304.11

734.47

7,353.42

529.04

5,906.31

1,447.11

December

5,058.08

387.44

4,354.10

703.98

7,205.25

514.97

5,786.23

1,419.02

January

5,301.20

398.17

4,567.64

733.56

7,655.88

545.43

6,261.46

1,394.42

February

5,452.96

404.97

4,770.77

682.19

7,964.17

562.98

6,629.03

1,335.14

March

5,199.55

396.51

4,385.90

813.65

7,471.50

551.33

6,103.13

1,368.37

Average

4,957.60

389.36

4,188.58

769.03

7,220.50

540.18

5,811.03

1,409.48

1996-97

April

5,219.87

392.87

4,326.39

893.48

7,467.61

540.21

5,949.34

1,518.27

May

5,286.00

392.03

4,401.16

884.84

7,551.72

535.56

6,001.47

1,550.25

June

5,110.80

385.25

4,326.40

784.40

7,211.72

513.58

5,767.54

1,444.18

July

5,114.19

383.46

4,376.48

737.71

7,104.50

503.02

5,746.54

1,357.96

August

5,166.67

387.52

4,448.40

718.27

7,192.08

510.88

5,857.27

1,334.81

September

5,133.25

383.29

4,405.64

727.61

7,108.00

500.11

5,753.05

1,354.95

October

5,136.80

380.90

4,365.19

771.61

6,974.40

494.48

5,668.00

1,306.40

November

5,139.78

377.89

4,338.49

801.29

6,919.35

481.97

5,535.91

1,383.44

December

5,030.40

369.35

4,255.07

775.33

6,871.20

479.22

5,521.33

1,349.87

January

4,896.04

354.97

4,096.23

799.81

6,851.88

476.47

5,492.15

1,359.73

February

4,826.04

346.56

4,003.16

822.88

7,307.29

507.89

5,869.38

1,437.91

March

4,788.70

352.19

4,064.64

724.06

7,421.09

519.15

5,989.81

1,431.28

Average

5,070.71

375.52

4,283.94

786.77

7,165.07

505.21

5,762.65

1,402.42

1997-98

April

4,788.33

344.28

3,962.80

825.53

6,969.38

476.60

5,489.20

1,480.18

May

4,784.80

344.10

3,967.62

817.18

6,919.40

476.26

5,486.44

1,432.96

June

4,640.60

340.80

3,923.57

717.03

6,770.40

474.53

5,463.58

1,306.82

July

4,468.80

323.78

3,720.34

748.46

6,332.20

435.89

5,014.90

1,317.30

August

4,511.50

324.00

3,740.96

770.54

6,511.25

450.92

5,194.62

1,316.63

September

4,441.52

322.57

3,774.28

667.24

6,857.83

484.28

5,573.71

1,284.12

October

4,399.60

325.18

3,783.52

616.08

7,084.40

509.09

5,631.22

1,453.18

November

4,135.68

306.63

3,667.23

468.45

7,020.91

499.92

5,909.62

1,111.29

December

3,995.00

289.06

3,640.38

354.62

8,068.96

572.16

6,817.20

1,251.76

January

4,008.54

289.26

3,646.56

361.98

8,285.63

586.18

7,387.89

897.74

February

3,995.00

297.74

3,725.86

269.02

8,829.32

673.97

8,461.79

367.53

March

3,995.43

295.87

3,757.91

237.52

8,577.61

616.78

7,417.34

1,160.27

Average

4,347.07

316.94

3,775.92

571.15

7,352.27

521.38

6,153.96

1,198.32

1998-99

April

4,210.00

308.68

3,941.00

269.00

8,810.00

629.00

8,025.00

785.00

May

4,143.00

298.67

3,887.00

256.00

7,989.00

556.00

7,161.00

828.00

June

4,215.00

292.22

3,969.00

247.00

7,765.00

526.00

7,144.00

621.00

July

4,271.00

292.87

4,003.00

268.00

8,124.00

546.00

7,445.00

679.00

August

4,189.00

284.21

3,903.00

285.00

7,864.00

518.00

7,115.00

750.00

September

4,234.00

288.66

3,938.00

296.00

7,560.00

503.00

6,856.00

705.00

October

4,336.00

296.60

4,032.00

305.00

7,528.00

501.00

6,784.00

744.00

November

4,306.00

294.20

4,012.00

295.00

7,499.00

498.00

6,788.00

710.00

December

4,280.00

291.65

3,991.00

289.00

7,360.00

484.00

6,669.00

691.00

January

4,347.00

286.83

3,920.00

427.00

7,715.00

517.00

7,065.00

650.00

February

4,357.00

287.28

3,922.00

435.00

8,223.00

556.00

7,585.00

638.00

March

4,330.00

285.96

3,909.00

421.00

7,827.00

520.00

7,090.00

737.00

Average

4,268.00

292.32

3,952.00

316.00

7,855.00

529.00

7,144.00

712.00

1999-00

April

4,389.40

282.47

3,886.76

502.64

7,793.40

509.03

6,974.84

818.56

May

4,313.60

276.71

3,801.59

512.01

8,095.00

529.90

7,282.04

812.96

June

4,108.65

261.31

3,623.91

484.74

7,796.54

506.63

7,025.15

771.39

July

4,051.40

256.10

3,569.68

481.72

8,007.40

521.50

7,257.60

749.80

August

4,086.60

256.84

3,588.34

498.26

8,142.80

530.24

7,408.32

734.48

September

4,178.57

264.74

3,694.29

484.28

8,107.62

527.86

7,372.48

735.14

October

4,748.96

310.72

4,341.62

407.34

8,326.25

542.10

7,584.52

741.73

November

4,615.24

293.55

4,093.05

522.19

8,112.86

518.72

7,236.71

876.15

December

4,473.00

283.07

3,957.15

515.85

8,102.20

520.45

7,264.75

837.45

January

4,508.91

284.59

3,985.15

523.77

8,123.70

524.75

7,343.38

780.32

February

4,706.74

299.45

4,198.73

508.01

8,191.74

536.63

7,524.58

667.16

March

4,541.60

286.21

4,019.67

521.93

8,003.80

510.07

7,163.77

840.03

Average

4,393.56

279.65

3,896.66

496.90

8,066.94

523.16

7,286.51

780.43

Note : The exchange rate used for conversion refers to the average of the RBI’s rupee-dollar rate.

Source : 1. Press Trust of India.

2. Bombay Bullion Association.