Why GOLD Isn’t Affordable? #shorts #mangeshshinde

Gold Prices Over the Decades: What's the Real Story?

Looking at gold prices from the 1950s to 2023, you might think, "If only my grandparents had bought gold back then, we'd be rich today!"
But here's the catch: even when gold was "cheap," buying it wasn't easy.
Take 1995, for instance—10 grams of gold cost ₹4,650, while the average middle-class salary was ₹4,000-₹5,000 per month. Essentially, a month's salary was enough for just 10 grams of gold.
Fast forward to today, and it’s the same story. Despite higher prices, 10 grams of gold still costs around a month's salary for the average person.
The reality? It’s not the gold prices that have drastically changed—it’s the value of money that’s dropped over time. The situation then and now isn’t so different after all!

[topdopwoww]

Rise in gold price ❌
Fall in rupee value ✅

[_gw_anubhab_]

77k rs /10g gold 🗿
Avarage salary 15-20k🤡

[IsmailAnsari-vy]

Bhai aaj middle class ki salary maximum 25k se 30k tak hai
And 10g gold around 80k hai iske liye 3 se 4 months ki salary hold karna hoga

[surajthakurji]

Moral of the story
Hum kal bhi gareeb thei
aur aaj bhi gareeb hai

[Ved_]

My dadaji's grandmother bought many gold but all gone 😂

[anjandas]

Total wrong information.
1995 ---middle class salary approx 1500
2023---15000

[Aj-ebej]

Well said and compared.
This video reminded me of Yash Chopra wive saying about Yash coming to Mumbai during 80s with 10k rupees😅

In 80s, 10k was like lakhs.
But her wife said like that 10k was small amount.

[rahul]

Gold is not an investment its an inflation hedge

[MayankRaj-cx]

Legend notice on background sir Ratan Tata photo

[splask]

*Completely Wrong*
👇
👴👵In old grandpa times, the value of 10 gm gold = 3 months' salary

👱👩Now our days, the value of 10 gm gold = 15 months of salary (deduct 3 months of tax from the salary)

Note: I'm talking about normal, 10th pass person's salary. As in older times, it was around 2000 without tax. And now your salary come pre-cut tax which is 5000 and becomes 4700 after tax cut.

[anshul]

I still remember my grandfather's was in Indian army around 1970 or maybe before 1970 that time the salary was 70₹.

[animicanime]

Bro aaj bhi indian middle class 25k se 30k tak hoti hai

[NavdeepSingh-jyyi]

Ajj pata chala ki triple tap se reply hota hai

[ScalpingEmporium]

We hold gold because it's value increases whereas same money would have gone by now

[surayanur-bc]

Actually you said right but people didn't understand 😅

[Musicalmasti]

Ye bat to sabhi commodities pr lagu hoti hai main bat ye thi ki agr kisi ke pass cash tha (saving) to use kisi commodity me convert kr dete jaise ki gold to aaj bhi gold ki same value hoti but jin bhi logo ne cash me saving rakhi unke cash ki value kam ho gyi over the period of time that is why if our grandparents had bought gold then it would have been real good

[tamoghna]

Inflation rose faster than income growth 😢

[aadhyagupta]

Rise in Gold value❌
Rise in inflation ✅📈📈

[siddharthkv]

The best investment is inventing in your skills.
-probably Warren Buffet

[Anime.hindi_Dubbes-dg]

us 1 rupees = 5 dolar tha indian carency jada strong tha compare to dollar to us samay 10 gram sone ki kimat 1950 ke samy ke hisab se abhi 9000 honge jo ki us samay kisi ke pass itna nahi tha