In a decade gold prices skyrocketed, gold prices surpassed 40 thousand

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New delhi date. August 26, 2019, Monday

Gold prices have risen sharply in the past decade. Looking at the price of gold, the price of gold in 1964 was Rs 63.25 per 10 grams. In 2008, the price of 24 karat gold stood at 12,500 per 10 grams, while today the price of gold has crossed 40 thousand on Monday 26th August. There are several factors influencing the rise in the price of gold.

Gold prices have risen nine thousand in the last one year. In 2018, the price of gold was Rs 31,438. In the last 8 months, there has been an increase of 10 grams per nine thousand rupees. Gold is still considered a good investment option by the people and this is seeing the rise.

The price of gold has been rising steadily this month. This is also happening due to the situation of the tradewar between China and the United States. Gold is considered a good option for investing in this period of recession, when there is a recession in the country and many countries abroad. Except for the wedding season, gold is the most expensive and most bought at Akshaya Tritiya. Even today, people believe that gold is the biggest help to people in times of crisis. Its demand among the people is kept up.

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