Historical Data
Gold Rate History
Track gold price trends over the past decade. Understand how gold has performed as an asset class in India and what drove major price movements.
| Year | Avg Rate (per 10g) | YoY Change |
|---|---|---|
| 2016 | ₹28,623 | +10.5% |
| 2017 | ₹29,667 | +3.6% |
| 2018 | ₹31,438 | +6.0% |
| 2019 | ₹35,220 | +12.0% |
| 2020 | ₹48,651 | +38.1% |
| 2021 | ₹48,720 | +0.1% |
| 2022 | ₹52,670 | +8.1% |
| 2023 | ₹63,100 | +19.8% |
| 2024 | ₹71,500 | +13.3% |
| 2025 | ₹76,800 | +7.4% |
| 2026* | ₹78,200 | +1.8% |
Major Price Movements
2020
COVID-19 pandemic drove gold to record highs as investors sought safe havens. Gold crossed ₹56,000/10g intra-year.
2022
Russia-Ukraine war and global inflation pushed gold above ₹52,000/10g.
2023
US banking crisis and de-dollarization trends drove gold to new highs. Central bank buying hit record levels.
2024
Geopolitical tensions and rate cut expectations pushed gold past ₹70,000/10g for the first time.
2026
Gold stabilizes near ₹78,000/10g amid balanced global economic recovery and continued central bank diversification.
*2026 data as of April 2026. All rates are approximate annual averages for 24K gold per 10 grams.