πŸͺ™ Average Gain By Investing In Gold

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2022-12-08 - 09:40

Gold Prices Over The Years (International)

historical-gold-prices-100-year-chart-2022-12-07-macrotrends.png

Inflation Rate In India

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Embedded Chart

Statistic: India: Inflation rate from 1987 to 2027 (compared to the previous year) | StatistaFind more statistics at Statista

Gold Price In India Table

Year Price (24 karat per 10 grams)
1964 Rs.63.25
1965 Rs.71.75
1966 Rs.83.75
1967 Rs.102.50
1968 Rs.162.00
1969 Rs.176.00
1970 Rs.184.00
1971 Rs.193.00
1972 Rs.202.00
1973 Rs.278.50
1974 Rs.506.00
1975 Rs.540.00
1976 Rs.432.00
1977 Rs.486.00
1978 Rs.685.00
1979 Rs.937.00
1980 Rs.1,330.00
1981 Rs.1,800.00
1982 Rs.1,645.00
1983 Rs.1,800.00
1984 Rs.1,970.00
1985 Rs.2,130.00
1986 Rs.2,140.00
1987 Rs.2,570.00
1988 Rs.3,130.00
1989 Rs.3,140.00
1990 Rs.3,200.00
1991 Rs.3,466.00
1992 Rs.4,334.00
1993 Rs.4,140.00
1994 Rs.4,598.00
1995 Rs.4,680.00
1996 Rs.5,160.00
1997 Rs.4,725.00
1998 Rs.4,045.00
1999 Rs.4,234.00
2000 Rs.4,400.00
2001 Rs.4,300.00
2002 Rs.4,990.00
2003 Rs.5,600.00
2004 Rs.5,850.00
2005 Rs.7,000.00
2007 Rs.10,800.00
2008 Rs.12,500.00
2009 Rs.14,500.00
2010 Rs.18,500.00
2011 Rs.26,400.00
2012 Rs.31,050.00
2013 Rs.29,600.00
2014 Rs.28,006.50
2015 Rs.26,343.50
2016 Rs.28,623.50
2017 Rs.29,667.50
2018 Rs.31,438.00
2019 Rs.35,220.00
2020 Rs.48,651.00
2021 Rs.48,720.00
2022 (Till Today) Rs.52,670.00

Even if we take inflation into consideration. Gold feels like a safe investment that can be used as a hedge against stock market in times of recession. But if you wanted to grow your investment betting on the stock market in the long term seems like the way to go.