Gold Historical Price in India

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