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History of gold prices (in rupees):
  • 1930: 180 per 10 gram
  • 1940: 360 per 10 gram
  • 1950: 1000 per 10 gram
  • 1960: 1110 per 10 gram
  • 1970: 1840 per 10 gram
  • 1975: 5,400 per 10 gram
  • 2000: 3,000 per 10 gram
  • 2006: 5,400 per 10 gram
  • 2009: 15,700 per 10 gram.
Gold surprisingly gave 300% returns from 1970 to 1975 when world suffered worst ever recession after great Depression. Will the history repeat? That is the reason behind current "Mad Gold rush". But if you invested in the Gold in 1975, your investment gave negative returns for the next 25 years.