Rs 1,000 in gold in 1947 now worth Rs 17.1 lakh

Rs 1,000 in gold in 1947 now worth Rs 17.1 lakh

Gold, priced at Rs 88.62 per 10 grams in 1947, now costs over Rs 1.51 lakh, a 1,711-fold increase. An investment of Rs 1,000 in gold at independence would be worth around Rs 17.1 lakh today. Silver has also surged, from Rs 536 per kg in 1970 to Rs 1.98 lakh in 2026.

Source: Moneycontrol

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