Gold Rate: How much is the gold from five years ago worth today? Find out...
Currently, gold prices are setting new records every day, making it difficult for the common man to buy gold. According to some experts, gold prices may rise further in the coming period. In such a situation, many people wonder how much the gold bought a few years ago is worth today.
In Indian households, gold is not just an ornament but is considered a secure investment for the future. However, many complain that they do not receive the expected amount when selling old jewelry. The main reason behind this is the other metals mixed in the jewelry, as well as the additional costs charged for the design.
About five years ago, the price of gold was around 50,000 per 10 grams. Today, that rate has gone beyond 150,000. This means there has been a significant increase in the price of gold. However, only those who have directly purchased pure gold instead of coins, biscuits, or chains have benefited more from this.
When buying jewelry, we pay more for fashion, design, and craftsmanship. But at the time of sale, these aspects are not considered. Only the pure gold left after melting the jewelry is valued. Therefore, when selling old jewelry, you receive less money than expected. Hence, it is more beneficial to choose gold with a hallmark and purchased from a reliable place when buying gold.
In Brief
Currently, gold prices are setting new records every day.
As a result, buying gold has become difficult for the common people.
According to experts, gold prices may rise further in the coming times.
Complaints about not receiving the expected amount after selling old gold have increased.
Main reason: Other metals mixed in jewelry and additional costs for design
In Indian households, gold is not just an ornamental item, but a safe investment

