Gold's Golden Journey: From INR 99 to 1.4 Lakhs for 10 Grams Since 1950!

Business
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News18•09-01-2026, 18:09
Gold's Golden Journey: From INR 99 to 1.4 Lakhs for 10 Grams Since 1950!
- •A 10-gram gold coin bought for INR 99 in 1950 is now worth INR 1,40,000, highlighting gold's significant appreciation.
- •India's economic growth and historical context have contributed to gold's rising value, transforming it from an ornament to a crucial investment.
- •Gold prices have seen exponential growth: from INR 99 in 1950 to over INR 48,000 in the 2020s, quadrupling in just five years recently.
- •An investment of INR 1 lakh in gold in 1950 would be worth approximately INR 1.39 crore today, a 1,394-fold increase over 76 years.
- •Experts predict continued growth, with 10 grams potentially reaching INR 13.6 lakh by 2050, though unforeseen discoveries could impact prices.
Why It Matters: Gold has proven to be an exceptional long-term investment, with historical returns far surpassing initial costs.
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