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Gold prices (US$ per troy ounce), in nominal US$ and inflation adjusted US$ from 1914 onward. Price of gold 1915–2022 Gold price history in 1960–2014 Gold price per gram between Jan 1971 and Jan 2012. The graph shows nominal price in US dollars, the price in 1971 and 2011 US dollars.
Gold smuggling was rampant in India until liberalisation, which repealed The Gold (Control) Act, 1968 that prohibited the import of gold except for jewellery. [4] In the 2011–12 period India's current account deficit burgeoned to 4.2% of its GDP. [5] This was due to high prices of oil and gold, which the country imports in huge volumes. [6]
The Gold (Control) Act, 1968 is a repealed Act of the Parliament of India which was enacted to control sale and holding of gold in personal possession. High demand for gold in India with negligible indigenous production results in gold imports, leading to drastic devaluation of the Indian rupee and depletion of foreign exchange reserves to alarming levels.
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Pages in category "Gold in India" The following 11 pages are in this category, out of 11 total. This list may not reflect recent changes. 0–9.
The footage showed Sgt. Kenneth Maxwell, of the University of Georgia Police Department, finding Riley’s body after searching for her on a trail by the university campus in Athens, Ga., for ...
Four people are dead, including a child, after a helicopter crashed into a radio tower in Houston Sunday night, according to authorities. "This is a tragic event tonight," Houston Police Chief J ...