Gold Rate History In India: 2000 To 2024
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12 Apr 2024
According to a report by Forbes, the gold rate in India surged from Rs 4,400/10 gm in 2000 to Rs 71,414/10 gm in 2024
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Between 2000 and 2010, the gold rate saw a steady increase, reaching Rs20,728/10 gm
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In 2011, there was a notable spike in gold rates, reaching Rs 27,329/10 gm
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The year 2012 witnessed a further rise to Rs 30,859/10gm
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From 2013 to 2015, gold rates remained relatively high, fluctuating around Rs 25,000–30,000/10 gm
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In 2016, the gold rate saw a slight decrease, settling around Rs 27,445/10gm
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From 2017 to 2020, there was a gradual increase, reaching Rs 50,151/10gm in 2020
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However, in 2021, there was a dip in prices compared to the previous year
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In April 2024, the gold rate reached a peak of Rs 71,414/10 gm, marking a significant surge
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Overall, the history of the gold rate in India showcases fluctuating trends influenced by various economic factors
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