🥇 Gold Price Calculator

Gold prices are influenced by interest rates, inflation, US dollar strength, central bank demand, and geopolitical uncertainty. Gold is especially popular in India — the country is the world's second-largest gold consumer.

Uses yearly average prices per ounce of gold, calculates ounces purchased at buy price, and multiplies by the sell price. Results are shown in INR using current exchange rates.

Gold is deeply embedded in Indian culture and serves as an inflation hedge. However, it doesn't pay dividends. Sovereign Gold Bonds (SGBs) offer 2.5% annual interest plus capital appreciation.

Through Sovereign Gold Bonds (SGBs), Gold ETFs (SBI Gold ETF, HDFC Gold ETF), digital gold (PhonePe, Paytm, Google Pay), or physical gold jewelry and coins.

SGBs are government securities denominated in grams of gold. They offer 2.5% annual interest, are exempt from capital gains tax if held to maturity (8 years), and eliminate storage costs.

In 2010, gold was ~$1,225/oz and ₹1 lakh ≈ $2,200. That would buy ~1.8 ounces, worth ~₹3.6 lakhs today — a return of ~260% (including INR depreciation benefit).

Gold has delivered ~10-12% annualized returns in INR terms over 20 years, comparable to NIFTY 50. However, gold is more volatile and doesn't compound like equity SIPs. Best approach: 10-15% of portfolio in gold as a diversifier.