Discover the latest updates on gold prices in India as of today. According to data compiled by FXStreet, the price for Gold stood at 6,500.20 Indian Rupees (INR) per gram, remaining broadly stable compared to yesterday’s price of INR 6,500.47. Additionally, the price for Gold was steady at INR 75,821.85 per tola.
| Unit measure | Gold Price in INR |
|---|---|
| 1 Gram | 6,500.20 |
| 10 Grams | 65,006.38 |
| Tola | 75,821.85 |
| Troy Ounce | 202,194.00 |
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: All You Need to Know
Get insights into the role of gold in history and its significance in today’s financial markets:
Why is Gold Valuable?
Gold has been a store of value and a medium of exchange throughout history. It is considered a safe-haven asset, a hedge against inflation, and a reliable investment option.
Who Holds the Most Gold?
Central banks are the largest holders of gold, using it to support their currencies and enhance economic stability. Emerging economies like China, India, and Turkey are increasing their gold reserves.
How Does Gold React to Market Conditions?
Gold has an inverse correlation with the US Dollar and acts as a hedge against risk assets. It tends to rise in times of geopolitical instability and economic uncertainty.
What Influences Gold Prices?
Gold prices are impacted by various factors, including geopolitical events, interest rates, and the strength of the US Dollar. Understanding these dynamics can help forecast gold price movements.
(An automation tool was used in creating this post.)