What will be the value of gold in 2030?
Gold prices have increased significantly in the last 25 years. In 2000, the price of 10 grams of 24-carat gold was Rs. 4,400, but now it has reached about Rs. 1,25,000. It is increasing steadily at a compound annual growth rate of about 14%. Trade analysts say that if you buy gold worth Rs. 5 lakh today, it is likely to cross Rs. 10 lakh by 2030. However, gold prices depend on inflation and international developments.
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