The Rise of Gold

March 1, 2009
By

Yellow metal is zooming in F1 speed of late. Historically , wars have been fought , millions killed , families broken , hatred fuelled , marriages fixed all in the name of Au.

During this period of high flying gold price , lets see how the prices have increased since 1920 to 2009.

 

Year

Price per 8 gm

( in Indian Rupees)

192021
193121
195458
196086
1961104
1969150
1971156
1972200
1974392
1975408
1976424
1977488
1978602
1979996
19801136
19811304
19821342
19831368
19841454
19851544
19861652
19872016
19902624
19913472
19923552
19943584
19953824
19964000
19973400
19993424
20003320
20013368
20023392
20034152
20054696
20066144
200913000
 
 
 
Got Gold struck ?!!!!
 The Rise of Gold

Lakshmi Rajan

He is the lead man of GingerChai and plays the multi role of chief author, editor, business development and also of a chaiwala! (Tea maker!) He is the master brewer at Ginger Chai.Follow @Lakshmirajan

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4 Responses to The Rise of Gold

  1. nalini hebbar on April 8, 2010 at 9:05 am

    dumbstruck!…anyway this metal is one I don’t like much.

  2. Lazy Pineapple on April 9, 2010 at 2:13 am

    OMG…that is quite an interesting fact..

    I remember this about the cost of petrol..I remember buying it Rs. 8 per litre..

  3. Shilpa Garg on April 9, 2010 at 10:38 pm

    Amazing! :-/
    Stunning!! :dazed:
    Interesting too!! :-)

  4. Sticky Feet on May 15, 2010 at 11:48 am

    nice posst idea but ….

    if you want to present data like this you have to do it on an inflation adjusted basis, otherwise it is meaningless.

    i don’t diagree with your premis

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