Historic Prices of Gold

September 27, 2011 4 Comments

This is my find for the day.I found the original here http://www.indiabullion.com/gold.php.

Combined with the newer data here http://goldpricenetwork.com/goldprice/india/ we can have 178 years of gold price history in India.Perfect for all sorts of analysis!

By the way I was surprised to see some price drops in the price of gold.None of my elders could recollect any of it and they are regular gold buyers!The human memory apparently is far from perfect!

YEAR	YEARLY AVERAGE	YEAR	YEARLY AVERAGE	YEAR	YEARLY AVERAGE	YEAR	YEARLY AVERAGE
from 1833 to 1871	18,93	from 1872 to 1878	18,94	1879	18,93	from 1880 to 1885	18,94
from 1886 to 1887	18,93	1888	18,94	1889	18,93	1890	18,94
from 1891 to 1893	18,93	1894	18,94	1895	18,93	from 1896 to 1898	18,98
1899	18,94	1900	18,96	1901	18,98	1902	18,97
1903	18,95	1904	18,96	1905	18,92	1906	18,90
1907	18,94	1908	18,95	1909	18,96	1910 – 1911	18,92
1912	18,93	1913	18,92	from 1914 to 1918	18,99	1919	19,95
1920	20,68	1921	20,58	1922	20,66	1923	21,32
1924	20,69	1925	20,64	1926	20,63	1927	20,64
1928	20,66	1929	20,63	1930	20,65	1931	17,06
1932	20,69	1933	26,33	1934	34,69	1935	34,84
1936	34,87	1937	34,79	1938	34,85	1939	34,42
from 1940 to 1944	33,85	from 1945 to 1948	34,71	1949	31,69	1950 – 1951	34,72
1952	34,60	1953	34,84	1954	35,04	1955	35,03
1956	34,99	1957	34,95	1958 – 1959	35.10	1960	35,27
1961	35,25	1962	35,23	1963	35,09	1964	35,10
1965	35,12	1966	35,13	1967	34,95	1968	38,69
1969	41,09	1970	35,94	1971	40,80	1972	58,16
1973	97,32	1974	159,26	1975	161,02	1976	124,84
1977	147,71	1978	193,22	1979	306,68	1980	612,56
1981	460,03	1982	375,67	1983	424,35	1984	360,48
1985	317,26	1986	367,66	1987	446,46	1988	436,94
1989	381,44	1990	383,51	1991	362,11	1992	343,82
1993	359,82	1994	384,15	1995	384,05	1996	387,87
1997	331,29	1998	294,09	1999	278,57	2000	279,11
2005	271,04	2002	309,68	2003	363.38	2004	409.72
2005	444.72	2006	594.66(appr)

Filed under Precious Metals, Tool Kit Tagged with Gold, Gold Price, historic gold prices, historic gold prices in India Rupee INR, postaday2011, RandomBlog2011

About Keerthika Singaravel
Engineer,Investor,Businessperson

4 Responses to Historic Prices of Gold

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Tekbuz says:

October 24, 2011 at 9:17 pm

Very useful data.

Reply
- Rahoof says:
  
  May 24, 2013 at 4:06 pm
  
  I think the Gold is not a secure investment asset,because the Gold price fluctuating unpredictably.So how can we trust in Gold Investment?
  
  Reply
  - Keerthika Singaravel says:
    
    May 24, 2013 at 4:17 pm
    
    Rahoof price and value are not synonyms,especially when talking about gold.The price of gold in different currencies might fluctuate but the value of gold in purchasing power terms is pretty stable,even over the centuries.An ounce of gold had always bought a nice outfit whether its today or 4 centuries ago,
    
    Reply