Articles

What was the price of Gold 2003?

What was the price of Gold 2003?

Historical gold rate trend in India

This chart contains the average annual price for gold from 1964 – present.
Year Price (24 karat per 10 grams)
2002 Rs.4,990.00
2003 Rs.5,600.00
2004 Rs.5,850.00

What happened to the price of gold in 2013?

The price of gold in 2013 fell from $1,675 per ounce to about $1,200. Yet the price of gold in 2013 plunged by more than 25%, losing $475 per ounce and remaining just barely above the $1,200 mark at its most recent reading.

What is the price of gold over the last 10 years?

Gold Price in USD per Troy Ounce for Last 10 Years

Current Price $1,828.10
10 Year High $2,067.16
10 Year Low $1,049.41
10 Year Change $-66.90 (-3.53%)

How much does gold increase each year?

Each year, global gold mining adds approximately 2,500-3,000 tonnes to the overall above-ground stock of gold. While gold production has shown an upward trend in recent years, this is likely to level off in coming years.

What will gold price be in 2025?

Summary: What Is The Future Of The Gold

Year Gold Price Prediction
2023 $3,449
2024 $4,721
2024 $4,988
2025 $5,012

What will gold be worth in 5 years?

Prediction #1: Gold Prices Will Increase Some industry experts are predicting that gold could be worth anywhere from $3,000–$5,000 per ounce in the next 5–10 years!

Will gold price go up in 2021?

In 2020, Citi forecasted that gold would reach $2,500 per ounce. A report published in February 2021 by the London Bullion Market Association showed that analysts expect gold prices to average $1,973.8 per ounce in 2021, which is 11.5 percent higher than what it averaged in 2020.

What will be the gold price in 2025?

What was the value of gold in 2013?

Now it reaches to value of Rs 32000 per 10 gm of gold. Gold prices touched a record high in 2013.

When did the price of gold go up?

The only exception was during the Napoleonic wars from 1797 to 1821. The official U.S. Government gold price has changed only four times from 1792 to the present. Starting at $19.75 per troy ounce, raised to $20.67 in 1834, and $35 in 1934. In 1972, the price was raised to $38 and then to $42.22 in 1973.

How much does one ounce of gold cost?

Gold Price History in Ounces USD 30 Day Gold Price 5 Year Gold Price 60 Day Gold Price 10 Year Gold Price 6 Month Gold Price 20 Year Gold Price 1 Year Gold Price 30 Year Gold Price

What was the price of gold in 2001?

The average price has grown significantly from the early 2000s with an annual average price of 279 U.S. dollars per troy ounce in 2001 up to the record high in 2020. Similarly, the costs of mining gold have risen considerably in recent years.