• Jan
  • 08
  • 2012

GOLD PRICE for last 86 years in India

Article ID 46296 | Posted In Income Tax | | 9 Comments » Print Friendly and PDF

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.

Must Read-  Wealth Tax – Rates of Gold & Silver with valuation rules

  • jai

    please update gold price on daily basis, please suggest how to buying gold in bank

  • Mahesh

    Will gold rate will come down to Rs.18.75 in near future..?

  • Srikant

    I want to know the gold price in india for last 20 years month wise.

  • Adi

    need platinum price for last 25years


    Very very useful information. I saw it first in the Times of India dt.18.4.2013

  • Carol S

    The same 18.75 if had invested with a mere return of 10% annually would have yield Rs.68,041.23624 and a good investment of 15% returns annually would yield Rs.31,11,827.701.
    So, gold is not a good idea when it comes to investment. But it is good idea for emergency money(like insurance) as it a very good liquid asset.

  • tarkeshver soni

    nice work sir
    plz send me silver rate list of 10 year

  • SST

    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.

  • ramamurthy

    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.