Gold prices over the last 10 years & how it changed in India

Gold prices over the last 10 years & how it changed in India | Despite tax cuts on gold in the Budget 2024, the prices of gold are expected to rise due to increasing hopes of interest rate cuts by the US Fed

Gold prices over the last 10 years & how it changed in India | In 2014, when the Modi Government came into power, the gold prices in India were Rs 26,703 per 10gm.

Gold prices over the last 10 years & how it changed in India | In 2015, the gold prices fell down to Rs 24,931 and people started buying it rapidly in India.

Gold prices over the last 10 years & how it changed in India | The price of gold in 2016 rose significantly and it became Rs 27,445 per 10gm in India.

Gold prices over the last 10 years & how it changed in India | In 2017, gold price in India again rose to Rs 29,156 from Rs 27,445 per 10gm in the previous year.

Gold prices over the last 10 years & how it changed in India | In 2018, gold prices in India crossed Rs 30K mark- Rs 31,391 per 10 gm.

Gold prices over the last 10 years & how it changed in India | In the election year 2019, the gold prices in India touched Rs 39,108 per 10 gm.

Gold prices over the last 10 years & how it changed in India | After the Modi government won the Lok Sabha polls by a historic margin, gold prices soared up to Rs 50,151 in 2020.

Gold prices over the last 10 years & how it changed in India | In 2021, the gold prices in India were slashed and it became Rs 48,099 per 10 gm.

Gold prices over the last 10 years & how it changed in India | In 2022, the gold prices became Rs 55,017 per 10 gm in India.

Gold prices over the last 10 years & how it changed in India | In 2024, the gold prices in India (July 31) has touched Rs 71,900.00 mark which is reportedly the highest gold price ever in India.