Gold Story: Till a few days ago, gold prices were touching the sky. People were investing in gold bonds. Many people were buying gold jewellery, but Prime Minister Narendra Modi’s appeal not to buy gold for at least a year has changed a lot.
Gold is an important part of the Indian family. From weddings, festivals and other special occasions, gold adds to the beauty. In Indian families, gold has been used as an emergency fund in adverse circumstances.
gold particles used to flow
Even after years, the shine of gold remains intact because gold never gets destroyed. Ancient Egypt was considered the largest producer of gold in history. The world’s first gold town was established in Coptos on the banks of the Nile River. Here, particles of gold also came along with the rivers flowing from the mountains. Since it is extremely flexible, it can be shaped with the help of stone without melting it.
Story of Sona and Suryadev
In Egypt, gold was considered the metal of the gods. The people there considered it a symbol of Sun God. Gold has been considered a symbol of brilliance, prosperity, health and confidence. At that time, the Egyptian kings Pharaoh used to wear heavy gold ornaments. Not only this, after his death his tomb was also filled with gold, so that he would remain safe in the next life also.
Gold price increasing every year
The price of gold has skyrocketed in the last few years. The value of gold depends on inflation, changing economic policies and changes in international markets. Economic recession, ongoing wars around the world, fluctuations in oil prices in the international market and global recession attract investors towards gold, thereby increasing both its demand and value.
The price of 24 carat gold (per 10 grams) till 2020-26 is as follows-
- 2026- Rs 1,50,362
- 2025- Rs 1,33,195
- 2024- Rs 77193
- 2023- Rs 65330
- 2022- Rs 52,670
- 2021- Rs 48,720
- 2020- Rs 48,651
Key points while buying gold in India
If you keep some important things in mind while buying gold in India, you can avoid becoming a victim of fraud. Due to increasing demand, adulterated gold is also present in the market. You can also become a smart buyer by keeping the following things in mind-
- Prefer to buy hallmarked gold from reputed and authentic jewelers to ensure its purity and authenticity. Hallmark can be checked on the official website.
- Understand the market mathematics before investing in gold. Study and keep an eye on the ups and downs.
- Buying gold can be the right choice when the market is falling, as it can be a good buying opportunity. After this, when gold prices rise, you can sell your gold at a profit.
- Keep an eye on the prices of not only gold but also silver. Also keep track of current silver prices in India for a better understanding of the precious metal market.
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