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Silver hits $51.12/oz in Mumbai, India Saturday April23

Or have I missed something?

Latest quote I found for USD/INR is 44.395, for April 22.
72,980/44.395 = $USD 1643.88/kg.
That’s $USD 1.64388/g. * 31.1g./troy oz. = $51.12/oz.

Gold, silver scale new highs Published: Saturday, Apr 23, 2011, 17:50 IST Place: Mumbai | Agency: PTI

Silver also spurted on strong speculative build-up to reach the Rs72,980 a kilo mark. Standard gold(99.5 purity) shot up by Rs205 per 10 grams to close at Rs22,030 from Friday’s closing level of Rs21,825.

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