Gold historical prices are shown below for nearly last 100 years in India (1925 to till 2023). Gold has increased only from the beginning and since it’s being used in jewelleries, there is no depreciation value associated with it and it would continue to increase in the future also, so holding gold might be the best form of bet against the inflation. For every 10 years it has sort of doubled except for a brief period during the last 100 years!
Year | Price in Rupees (for 1 gram Gold) |
---|---|
1925 | 1.87 |
1926 | 1.84 |
1927 | 1.83 |
1928 | 1.83 |
1929 | 1.84 |
1930 | 1.80 |
1931 | 1.81 |
1932 | 2.30 |
1933 | 2.405 |
1934 | 2.88 |
1935 | 3.01 |
1936 | 2.99 |
1937 | 3.17 |
1938 | 2.99 |
1939 | 3.01 |
1940 | 3.60 |
1941 | 3.74 |
1942 | 4.40 |
1943 | 5.10 |
1944 | 5.29 |
1945 | 6.2 |
1946 | 8.38 |
1947 | 8.86 |
1948 | 9.58 |
1949 | 9.41 |
1950 | 9.91 |
1951 | 9.80 |
1952 | 7.68 |
1953 | 7.30 |
1954 | 7.77 |
1955 | 7.91 |
1956 | 9.08 |
1957 | 9.06 |
1958 | 9.53 |
1959 | 10.25 |
1960 | 11.18 |
1961 | 11.93 |
1962 | 11.97 |
1963 | 9.7 |
1964 | 6.32 |
1965 | 7.17 |
1966 | 8.37 |
1967 | 10.25 |
1968 | 16.2 |
1969 | 17.6 |
1970 | 18.45 |
1971 | 19.3 |
1972 | 20.2 |
1973 | 27.8 |
1974 | 50.6 |
1975 | 54.0 |
1976 | 43.2 |
1977 | 48.6 |
1978 | 68.5 |
1979 | 93.7 |
1980 | 133 |
1981 | 180 |
1982 | 164 |
1983 | 180 |
1984 | 197 |
1985 | 213 |
1986 | 214 |
1987 | 257 |
1988 | 313 |
1989 | 314 |
1990 | 320 |
1991 | 346 |
1992 | 433 |
1993 | 414 |
1994 | 459 |
1995 | 468 |
1996 | 516 |
1997 | 472 |
1998 | 404 |
1999 | 423 |
2000 | 440 |
2001 | 430 |
2002 | 499 |
2003 | 560 |
2004 | 585 |
2005 | 700 |
2006 | 857 |
2007 | 1080 |
2008 | 1250 |
2009 | 1450 |
2010 | 1850 |
2011 | 2640 |
2012 | 3105 |
2013 | 2960 |
2014 | 2800 |
2015 | 2634 |
2016 | 2862 |
2017 | 2966 |
2018 | 3143 |
2019 | 3522 |
2020 | 4865 |
2021 | 4872 |
2022 | 5267 |
2023 | 5279 |