Gold Price History:
Gold prices in India have reached record highs today, leaving many people surprised. But if we look back a hundred years, you’ll be amazed to know how cheap gold used to be. What we now pay for a cup of tea could once buy ten grams of gold!
Before India gained independence, gold was easily available and used widely across the country. In 1925, the price of 10 grams of gold was just ₹18. By 1935, it increased slightly to ₹30, and in 1940, it was around ₹36. By the time India got independence in 1947, gold had risen to ₹62 per 10 grams.
The Price Journey Over the Decades
1950: ₹99
1960: ₹111
1970: ₹184
1980: ₹1,330
1990: ₹3,200
2000: ₹4,395
2010: ₹18,500
2020: ₹48,480
2023: ₹60,000
2024: ₹80,000
And now, in 2025, the price of 24-carat gold has reached nearly ₹1,26,000 per 10 grams, while silver costs around ₹1,56,000 per kilogram.
Experts say that the price of gold is unlikely to drop anytime soon. Global demand, inflation, and the weakening of currency over time have made gold one of the most valuable assets in the world. India, being one of the largest consumers of gold, continues to see rising prices every few years.
According to financial analysts, gold prices may cross ₹2 lakh per 10 grams in the next few years. As global uncertainty and inflation rise, investors continue to see gold as a safe and reliable investment.
So next time you look at today’s gold rates, just remember there was once a time when gold was cheaper than your daily coffee.