Indian Gold Book:Indian Gold Book - Gold Bars Worldwide
Indian Gold Book:Indian Gold Book - Gold Bars Worldwide
Indian Gold Book:Indian Gold Book - Gold Bars Worldwide
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MUMBAI GOLD PRICES<br />
ANNUAL 1925 - 1969<br />
Mumbai gold prices on the last trading day in March<br />
Year Rs per 10 g<br />
1925 18<br />
1926 18<br />
1927 18<br />
1928 18<br />
1929 18<br />
1930 18<br />
1931 18<br />
1932 23<br />
1933 25<br />
1934 28<br />
1935 30<br />
1936 29<br />
1937 30<br />
1938 29<br />
1939 31<br />
1940 36<br />
1941 37<br />
1942 44<br />
1943 51<br />
1944 52<br />
1945 62<br />
1946 83<br />
1947 88<br />
1948 95<br />
1949 94<br />
1950 99<br />
1951 98<br />
1952 76<br />
1953 73<br />
1954 77<br />
1955 79<br />
1956 90<br />
1957 90<br />
1958 95<br />
1959 102<br />
1960 111<br />
1961 119<br />
1962 120<br />
1963 97<br />
1964 108<br />
1965 123<br />
1966 144<br />
1967 n.a.<br />
1968 162<br />
1969 176<br />
Source: The Bombay Bullion Association Ltd<br />
The Mumbai price grew from Rs 18 in 1925 to Rs 176 in 1969. The annual average price in 2001 was Rs 4,462.<br />
148<br />
AN INTRODUCTION TO THE INDIAN GOLD MARKET