Discover the latest updates on gold prices in India as of Monday, with data compiled by FXStreet showing that the price for Gold remains stable at 6,567.86 Indian Rupees (INR) per gram. This is consistent with the price on Friday, which was INR 6,562.54.
The price for Gold per tola also remained steady at INR 76,606.23, compared to INR 76,544.21 on Friday. Check out the table below for a detailed breakdown of the gold prices in different units:
| Unit measure | Gold Price in INR |
|---|---|
| 1 Gram | 6,567.86 |
| 10 Grams | 65,678.60 |
| Tola | 76,606.23 |
| Troy Ounce | 204,283.40 |
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. Please note that prices are for reference only and local rates may vary slightly.
Gold FAQs: Key Insights and Analysis
Gold has played a significant role throughout history as a store of value and medium of exchange. In today’s world, it is considered a safe-haven asset, making it a valuable investment during turbulent times. Central banks, the largest holders of Gold, use it to diversify their reserves and strengthen their currencies.
Gold has an inverse correlation with the US Dollar and US Treasuries, making it a popular choice for diversification. Factors such as geopolitical instability, interest rates, and the strength of the US Dollar can impact Gold prices.
Stay informed about the latest trends and developments in the Gold market to make informed investment decisions and protect your wealth.
(An automation tool was used in creating this post.)