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Halsca News > Blog > Business > Value of gold: What can you buy if you have 1 kg of gold saved till 2040?
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Value of gold: What can you buy if you have 1 kg of gold saved till 2040?

Halsca Media
Last updated: 2023/05/17 at 11:31 PM
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New Delhi: Gold is of immense value to Indians. Be it jewelry or any other form. Gold does not decrease in price or value. Indian women use this gold not only to enhance their beauty but also to protect their family from danger during difficult times. Get credit in exchange for gold. The price of gold increases with time. Currently, the price of 100 grams of gold is 5 lakh 63 thousand taka. A kilo of gold bullion costs more than several crores of rupees. Let’s say you have a kilo of gold, but do you know what you can buy with that gold-

The price of gold rose over time. In 1990, you could buy a Maruti Suzuki 800 for 1 kg of gold.

After 10 or 15 years, the price of gold also increased with time. In 2005, for 1 kg of gold, you could buy a car bigger than a Suzuki, the Toyota Innova.

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And after 5 years, In 2010, he paid 1 kg of gold and bought a Toyota Fortuner.

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If we go for another 9-10 years, the price of gold has increased during that time. In 2019, you can buy a BMW car for 1 kg of gold.

So the question may arise as to what can be bought for a kilo of gold in the future. If you have 1 kg of gold, you can buy an entire private jet if you wait until 2040.

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