Tue Apr 22 10:00:00 UTC 2025: ## Gold Price Surges Past ₹1 Lakh Per 10 Grams in India
**New Delhi, April 2025** – The price of 10 grams of gold in India has crossed the ₹1 lakh mark for the first time, a dramatic increase from its price at independence. This unprecedented surge highlights the metal’s volatile history and its current status as a safe haven asset.
In 1947, 10 grams of gold cost a mere ₹88.62. However, after a period of global economic stability, gold prices began a steady decline, bottoming out at ₹63.25 in 1964 after a 17-year slump. This drop caused significant distress among gold investors.
The trend reversed sharply in 1967 when prices surpassed ₹100. This upward trajectory accelerated significantly following President Nixon’s 1971 decision to decouple the US dollar from gold, ending the gold standard. Since then, gold has never again fallen below ₹100 per 10 grams, experiencing nearly exponential growth, reaching over ₹1,330 by 1980.
The most recent surge has been particularly sharp. In just five years, from 2020 to 2025, the price of gold has doubled, rising from ₹50,151 to over ₹1 lakh. Market analysts attribute this dramatic increase to several factors, including ongoing US-China trade tensions, a weakening dollar, increased demand, and uncertainty in global stock markets. Geopolitical instability and the resulting flight to safety have also contributed to gold’s rise. Central banks worldwide, including the Reserve Bank of India, are increasing their gold reserves, further fueling demand. The year 2025 alone has already seen a 32% return on gold investments.
First Piper 