Stay up-to-date with the latest gold prices in India as FXStreet’s data shows minimal changes in the market. Gold is currently priced at INR 6,584.77 per gram, maintaining stability compared to the previous day’s rate of INR 6,586.71. The price for one tola of gold remains steady at INR 76,803.48, slightly lower than the previous rate of INR 76,826.09.
Unit measure | Gold Price in INR |
---|---|
1 Gram | 6,584.77 |
10 Grams | 65,847.72 |
Tola | 76,803.48 |
Troy Ounce | 204,811.10 |
FXStreet calculates Gold prices in India by adapting international prices (USD/INR)
to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of
publication. Prices are just for reference and local rates could diverge slightly.
Gold FAQs
Discover essential information about gold and its impact on the global economy:
- Gold serves as a store of value and a hedge against inflation, making it a popular investment during uncertain times.
- Central banks are increasing their gold reserves to enhance their currency’s stability and solvency.
- Gold has an inverse correlation with the US Dollar and risk assets, making it a valuable diversification tool for investors.
- Various factors, including geopolitical tensions and interest rates, can influence gold prices, with the US Dollar playing a crucial role in price movements.
(This post was created using an automation tool.)
Analysis:
Understanding gold prices and their fluctuations is crucial for investors looking to diversify their portfolios. Gold’s status as a safe-haven asset and its inverse correlation with major currencies and risk assets make it a valuable addition to any investment strategy. Keeping an eye on global economic trends and geopolitical events can provide insights into potential gold price movements. Whether you’re a seasoned investor or new to the market, staying informed about gold prices in India and worldwide can help you make informed decisions about your financial future.