Independence Day 2026: Rs.89 to Rs.1,54,500 - gold price rises 1,73,500% in 79 years; here's how
New Delhi, Aug. 15 -- While the whole nation is celebrating the 80th Independence Day today, gold investors will have some extra reason to celebrate. The gold rate in India has delivered more than 1,73,500% returns to gold investors in the last 79 years, as the gold price post-independence has jumped from around Rs.89 per 10 gm to Rs.1,54,500 per 10 gm in the retail bullion market.
According to gold experts, the bullion metal is an investor's haven when other investments, such as equities and bonds, become risky. They said that the gold price has risen sharply over the last decade due to global economic uncertainty caused by the COVID-19 pandemic, followed by Trump's tariffs and geopolitical tensions. In the last decade, the gold price h...
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