Discover the latest updates on gold prices in India as of Monday. Gold is now priced at 6,597.71 Indian Rupees (INR) per gram, showing an increase from Friday’s price of INR 6,583.64.
The price for Gold per tola has also risen to INR 76,958.77 from the previous price of INR 76,790.30 on Friday.
Unit measure | Gold Price in INR |
---|---|
1 Gram | 6,597.71 |
10 Grams | 65,977.62 |
Tola | 76,958.77 |
Troy Ounce | 205,200.90 |
Stay updated with FXStreet’s daily calculations of Gold prices in India, reflecting international prices (USD/INR) in local currency and measurement units. Note that local rates may slightly differ from the data provided.
Gold FAQs
Gold has a significant historical and economic value as a store of value and safe-haven asset. Learn more about the role of Gold in the financial market:
- Central banks hold significant Gold reserves to support currencies during turbulent times.
- Gold has an inverse correlation with the US Dollar and risk assets, making it a popular choice for diversification.
- Various factors, such as geopolitical instability and interest rates, influence Gold prices.
(Disclaimer: This post was created using an automation tool.)
Analysis:
Gold prices in India are on the rise, indicating a positive trend for investors. With its safe-haven status and inverse correlation with the US Dollar, Gold remains a popular choice for diversification and wealth preservation. Factors like geopolitical instability and interest rates continue to impact Gold prices, making it essential for investors to stay informed and adapt their strategies accordingly.