Here's how much return gold has given since India's independence
- Gold price post-independence has jumped from ₹88.62 per 10 gm levels to ₹48,000 per 10 gm mark in the retail bullion market
Independence Day 2021: While whole nation is celebrating 75th Independence Day today, gold investor will have some extra reason to celebrate. The precious metal has delivered more than 54,000 per cent return to the gold investors in the last 75 years as gold price post-independence has jumped from ₹88.62 per 10 gm levels to ₹48,000 per 10 gm mark in the retail bullion market. According to gold experts, the bullion metal is an investor's haven, when other investments like equity, bond, etc. becomes risky as we witnessed in recent Covid-19 pandemic. They said that gold price has witnessed sharp rise post-2008 global economic slowdown.
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