Gold prices do not always appreciate and provide high returns as commonly believed. While the Indian gold price has increased over time, this is primarily due to the depreciation of the rupee rather than gold itself appreciating in value. Internationally, the gold price in 1999 saw only a 7% increase from 1980, and the dollar price of gold in 1999 was even 10% lower than in 1980, showing gold does not necessarily steadily rise in value.

1. Gold – Not Glittering
1522
850
8.14
4374
252
46.646%
-7%
10%
Indian Gold Rate International Gold Rate Dollar Rupee Exchange Rate
Year 1980 Year 1999 Increase 0r Decrease
An initiative to promote Financial Awareness by
BISWAJIT DAS
Diploma in Wealth Management – IIFP Delhi, Goal Planning Specialist – EDGE Learning Academy
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Myth – Gold price never fall, always appreciate and give huge return.
Reality - Due rupee depreciation Indian gold price increase.