I have also put up the below on this link along with the formulae used:
Gold | Silver | ||||||
Spot in $ (per troy oz) | 1,229.00 | spot in $ (per troy oz) | 16.98 | ||||
Add | CIF in dollars | 3.00 | Add | CIF in dollars | 0.15 | CIF: Cost - Insurance & Freight | |
1,232.00 | 17.13 | ||||||
Multiply | 32.1507 (1 troy oz =31.1gm) | Multiply | 32.1507 | ||||
Dollars per kg | 39,609.66 | Dollars per kg | 550.74 | ||||
995 prices | 39,415.56 | ||||||
Multiply | Currency Rate | 62.64 | Multiply | Currency Rate | 62.25 | ||
. | |||||||
Rs per kg | 2,468,990.41 | Rs Per kg | 34,283.66 | ||||
Add | Customs duty | 257,294.00 | Add | Customs duty | 3,547.16 | ||
Cess | 7,718.82 | Cess | 106.41 | ||||
Landed Cost per kg | 2,734,003.23 | Landed Cost per kg | 37,937.23 | ||||
Add | Bank Cost(0.10%) | 2,734.00 | Add | Bank Cost(0.10%) | 37.94 | ||
Final wholesale Price per kg | 2,736,737.23 | Final wholesal Price per kg | 37,975.17 | ||||
Final Price per 10 gms | 27,367.37 | ||||||
MCX Price | 26,678.00 | MCX Price | 37,623.00 | ||||
Parity/(disparity) | 689.37 | Parity/(disparity) | 352.17 |