Gold Price In India Last 10 Years

Gold prices in indian rupees inr for the last 90 days gold price oz gold price gram.

Gold price in india last 10 years. The above presented 22 karat 91 6 purity gold price is derived from 24 karat mcx gold price applying a standard karat calculation formula used in the market. The laspeyres formula is generally used. Latest gold price chart in inr per 10 gm year rate in inr 1950 rs 99 1951 rs 98 1952 rs 76 1953 rs 73 1954 rs 77 1955 rs 79 1956 rs 90 1957 rs 90 1958 rs 95 1959 rs 102.

Today the gold price is in a good position having set a new all time high recently of over 2 00. Gold price will increase or decrease in india in 2020. Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals such as yearly.

This saw the price of gold start to take off as an ounce was with 40 dollars when depegged from the dollar but in less than 10 years it rose to be worth 2 249 in relative with by 1980. Last 10 days gold price in india for 24 karat and 22 karat gold given in rupees per 10 grams. Gold futures prices on mcx for the month of june decreased by 0 5 and are at rs 46 900 for 10 grams.

Gold prices touched a record high in 2013. Central expressway suite 800 dallas tx 75231. India shares land borders with china pakistan nepal bhutan burma and bangladesh and it has a population of roughly 1 2 billion citizens.

The series is deflated using the headline consumer price index cpi with the most recent month as the base. Gold price group 10440 n. Mcx provides 24 karat 999 9 purity gold price only.

The current month is updated on an hourly basis with today s latest value. In the previous week the prices of gold in india hit record highs and were at rs 47 980 for 10 grams. India is one of the largest countries by area and the second most populous country in the world.