HISTORICAL GOLD RATE TREND IN
INDIA
PRICE OF GOLD IS ALWAYS RISING
Take a historic view on the price of gold, you will see that the price has increased by an average of 10% per year since 1971.
YEAR
|
PRICE/100 GRAMS
|
YEAR
|
PRICE/100 GRAMS
|
1964
|
Rs. 63.25
|
1991
|
Rs. 3,466.00
|
1965
|
Rs. 71.75
|
1992
|
Rs. 4,334.00
|
1966
|
Rs. 83.75
|
1993
|
Rs. 4,140.00
|
1967
|
Rs. 102.50
|
1994
|
Rs. 4,598.00
|
1968
|
Rs. 162.00
|
1995
|
Rs. 4,680.00
|
1969
|
Rs. 176.00
|
1996
|
Rs. 5,160.00
|
1970
|
Rs. 184.00
|
1997
|
Rs. 4,725.00
|
1971
|
Rs. 193.00
|
1998
|
Rs. 4,045.00
|
1972
|
Rs. 202.00
|
1999
|
Rs. 4,234.00
|
1973
|
Rs. 278.50
|
2000
|
Rs. 4,400.00
|
1974
|
Rs. 506.00
|
2001
|
Rs. 4,300.00
|
1975
|
Rs. 540.00
|
2002
|
Rs. 4,990.00
|
1976
|
Rs. 432.00
|
2003
|
Rs. 5,600.00
|
1977
|
Rs. 486.00
|
2004
|
Rs. 5,850.00
|
1978
|
Rs. 685.00
|
2005
|
Rs. 7,000.00
|
1979
|
Rs. 937.00
|
2006
|
Rs. 8,400.00
|
1980
|
Rs. 1,330.00
|
2007
|
Rs. 10,800.00
|
1981
|
Rs. 1,800.00
|
2008
|
Rs. 12,500.00
|
1982
|
Rs. 1,645.00
|
2009
|
Rs. 14,500.00
|
1983
|
Rs. 1,800.00
|
2010
|
Rs. 18,500.00
|
1984
|
Rs. 1,970.00
|
2011
|
Rs. 26,400.00
|
1985
|
Rs. 2,130.00
|
2012
|
Rs. 31,050.00
|
1986
|
Rs. 2,140.00
|
2013
|
Rs. 29,600.00
|
1987
|
Rs. 2,570.00
|
2014
|
Rs.28,006.50
|
1988
|
Rs. 3,130.00
|
2015
|
Rs.26,343.50
|
1989
|
Rs. 3,140.00
|
2016
|
Rs.28,623.50
|
1990
|
Rs. 3,200.00
|
2017
|
Rs.29,667.50
|
This statistics clearly shows how beneficial is it to invest in GOLD
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