Aug 31 , 2024

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

By True Scoop

In 2014, when the Modi Government came into power, the gold prices in India were Rs 26,703 per 10gm.

In 2015, the gold prices fell down to Rs 24,931 and people started buying it rapidly in India.

The price of gold in 2016 rose significantly and it became Rs 27,445 per 10gm in India.

In 2017, gold price in India again rose to Rs 29,156 from Rs 27,445 per 10gm in the previous year.

In 2018, gold prices in India crossed Rs 30K mark- Rs 31,391 per 10 gm.

In the election year 2019, the gold prices in India touched Rs 39,108 per 10 gm.

After the Modi government won the Lok Sabha polls by a historic margin, gold prices soared up to Rs 50,151 in 2020.

In 2021, the gold prices in India were slashed and it became Rs 48,099 per 10 gm.

In 2022, the gold prices became Rs 55,017 per 10 gm 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.

Explore Now