the issue of a large number of gold coins during the gupta period indicates
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The issue of gold coins during the Gupta period reflected the good financial health of the kingdom. However, the design and execution gradually deteriorated as a result of their territory getting reduced in size. During Chandragupta's rule the use of gold was almost 90% of the coinage, which reduced to 75-80% during the reign of Skandagupta, which went on to show an economic decline.
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In the Gupta period (early 4th to the late 6th century), the largest numbers of coins were issued in Gold coins. In this period, different Gupta rulers circulated a large number of gold coins.
Gupta dynasty was founded by Srigupta in South-East Bihar in 260 AD. He ruled from 260 AD to 280 AD.
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