A few weeks back, an article in a mutual fund distributor’s blog caught my attention. The article listed the price of 10 gms of gold from 1925.
The author wanted us to observe the huge increase in gold price from 1925 (Rs. 18.75) to today Rs. 29,190 (average price of FY 2013-14). It was therefore concluded that investment in gold can never go wrong and the price was always bound to increase! To access such articles search for “gold price India 1925”