INDIAN MARKET RATES FOR GOLD & SILVER- I

Given below are the gold & silver rates of 10 years from 1956- 1965 required for valuation purposes and calculating tax. This is contributed by CA Final Student Arti Patrikar.

Valuation Date

standard GOLD 24 carats

SILVER 9960 touch

Rate

Per

Rate

Per

02.11.56

106.13

Tola

173.88

100 Tolas

31.12.56

104.44

173.69

31.03.57

105.69

179.88

23.10.57

107.59

181.75

31.12.57

107.56

186.38

31.03.58

111.13

195.75

12.11.58

111.56

187.00

31.12.58

114.53

192.56

31.03.59

119.53

199.94

31.10.59

124.00

209.75

31.12.59

125.44

210.25

31.03.60

130.34

216.56

20.10.60

113.65

10 Grams

193.10

1 Kg

31.12.60

114.05

194.90

31.03.61

119.35

202.10

08.11.61

124.25

207.15

31.12.61

119.50

211.70

31.03.62

119.75

219.55

28.10.62

117.10

223.20

31.12.62

104.75

209.30

31.03.63

166.29

238.00

17.10.63

102.85

238.00

31.12.63

102.85

250.50

31.03.64

108.43

260.00

04.11.64

114.86

259.50

31.12.64

119.57

267.50

31.03.65

123.00

280.50