10 Gms of GOLD PRICE History for the last 86 years in India
- Sunday, January 8, 2012, 8:00
- Income Tax
- News
10 Gms of GOLD PRICE History for the last 86 years in India
Given below is year wise Price of Gold in India in last 86 year. In the initial period, the price of gold was around Rs 18.75 per 10 gm of gold. Now it reaches to value of Rs 26400 per 10 gm of gold. Its a huge rise in price of gold. Investing in gold can most probably will not disappoint you.
Here is the price history list, in which the price given are for 10 gm of gold.
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Very useful information is provided. People apprears are crazy to hold the metal and a right time to curb the possession. Prescribing a limit to hold jewellery and banning the primary gold without a declartion may solve the problem of inflation in price and such an imposition may also curb black money investment and curb corruption and crimes.
returns from Gold needs to be compared against returns from FDs. I don’t think that the picture will be great. based on the above Gold prices, returns are approximately 9% which is at par with existing interest rates on FDs. I feel that there were years when interest on FDs were in double digit. So, investment in gold may disappoint you unless you invested some 5-10 years back.
nice work sir
plz send me silver rate list of 10 year