History of gold rate trend in India - From 1951 – present - AryansWorld Gyaan

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Wednesday, November 29, 2023

History of gold rate trend in India - From 1951 – present

This chart contains the average annual price for gold from 1951 – present. Gold Price History in Indian Rupees per Gram.


Gold has been a great way to protect against inflation over the years. Gold is becoming more and more important to investors as an investment. Indians tend to buy gold since it is considered a ‘safe’ investment.  this information is giving you, about the price of gold in India so that you can learn more about it. Indians are among the world’s leading consumers of gold, with the precious metal constituting a significant portion of our total imports. Investors study the markets for fluctuations in prices, which indicate demand.


History of gold rate trend in India

 

Year

Price (24 karats per 10 grams)

1951

98.05

1952

76.81

1953

73.06

1954

77.75

1955

79.18

1956

90.81

1957

90.62

1958

95.38

1959

102.56

1960

111.87

1961

119.35

1962

119.75

1963

97

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.52,690.00


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