What was the price of gold in 2012 July?

What was the price of gold in 2012 July?

Gold Price on 30 July 2012

Monday End of Day Highest
Rs/gm ₹2,979 ₹2,980
Rs/10gm ₹29,785 ₹29,800

How much will an ounce of gold be worth in 10 years?

The World Bank predicts the price of gold to decrease to $1,740/oz in 2021 from an average of $1,775/oz in 2020. In the next 10 years, the gold price is expected to decrease to $1,400/oz by 2030.

What was the price of gold in 2012 November?

Gold Price on 30 November 2012

Friday End of Day Highest
Rs/gm ₹3,110 ₹3,158
Rs/10gm ₹31,095 ₹31,578

What is the highest gold has ever been per ounce?

In 2020, we have been seeing a significant upswing in the price of gold. The highest price of gold in history was $2,032.16 USD per troy ounce, achieved on the 7th of August, 2020. Compared to the price of gold over the last decade, 2020 has generally proven to be a great year for gold.

What was the highest price of gold in 2012?

Gold prices breached the psychological Rs 30,000 level during 2012 to hit an intra-trade historical high of Rs 32,530 (per ten grams) in November.

What is the highest price gold has ever been?

Historically, Gold reached an all time high of 2074.88 in August of 2020.

What would be the gold rate 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 was the price of gold in 2012 October?

Gold Price on 31 October 2012

Wednesday End of Day Highest
Rs/gm ₹3,111 ₹3,114
Rs/10gm ₹31,108 ₹31,140

Why was gold so expensive in 2011?

Paranoid investors pushed gold to $1,900 an ounce in 2011, but the bubble has burst. First, gold prices tend to spike when there are serious economic, financial, and geopolitical risks in the global economy.

What is the current price of gold per ounce?

The current month is updated on an hourly basis with today’s latest value. The current price of gold as of August 11, 2021 is $1,751.20 per ounce. We Need Your Support!

How much is a gram of gold worth per gram?

Gold Spot Prices Gold Price Spot Change; Gold Price Per Ounce: $1,890.30 ($4.20) Gold Price Per Gram: $60.77 ($0.14) Gold Price Per Kilo: $60,774.51 ($135.03)

How much did gold cost in 1973?

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 is the value of gold determined?

The worth of Gold is determined by the current spot price. This price is determined by many factors such as market conditions, supply and demand, and even news of political and social events. The value or worth of a Gold product is calculated relative to the weight of its pure metal content and is measured in troy ounces.

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