gpaisa.in Gold Affordability Index
How many grams of 24K gold has a fixed ₹10,000 bought, every year, from 1964 to 2026?
In 1964, ₹10,000 could buy 1,587.302 grams of 24K gold — over 1.5 kg. In 2026, the same ₹10,000 buys just 0.664 grams. A fixed rupee amount's gold-purchasing-power has fallen roughly 2,390.5× over 62 years.
Grams of Gold per ₹10,000, Over Time
Y-axis uses a logarithmic scale for 50Y/All views, since the range spans over 1,500 grams to under 1 gram.
Decade Markers
| Year | 24K Price / 10g | Grams per ₹10,000 |
|---|---|---|
| 1964 | ₹63 | 1,587.302 g |
| 1974 | ₹506 | 197.628 g |
| 1984 | ₹1,970 | 50.761 g |
| 1994 | ₹4,598 | 21.749 g |
| 2004 | ₹5,850 | 17.094 g |
| 2014 | ₹28,007 | 3.571 g |
| 2024 | ₹77,913 | 1.283 g |
| 2026 | ₹1,50,500 | 0.664 g |
Methodology & Scope
This index measures only the gold-purchasing-power of a fixed nominal ₹10,000 — it does not adjust for inflation, and it does not incorporate wage or income data. We deliberately avoided pairing this with a historical Indian salary series because no reliably verifiable year-by-year income dataset exists for the full 1964–2026 span; publishing an estimated one would risk presenting fabricated figures as fact.
Underlying gold prices are the same annual 24K rates (per 10 grams, INR) used throughout gpaisa.in's historical gold price dataset, sourced from the RBI Handbook of Statistics, IBJA, and MCX historical records.