Discover the latest updates on Gold prices in India and how they can impact your investment portfolio.
Today, Gold prices in India have surged, with the cost per gram now at INR 6,792.24, compared to yesterday’s price of INR 6,755.85. Additionally, the price per tola has risen to INR 79,225.68 from INR 78,798.85.
Unit measure | Gold Price in INR |
---|---|
1 Gram | 6,792.24 |
10 Grams | 67,924.40 |
Tola | 79,225.68 |
Troy Ounce | 211,271.50 |
Keep in mind that FXStreet calculates Gold prices in India based on international rates converted to the local currency and units of measurement. These prices are updated daily and serve as a reference point, but local rates may vary slightly.
Gold FAQs
Gold has long been valued for its role as a store of value and medium of exchange. It serves as a safe-haven asset during turbulent times, acting as a hedge against inflation and depreciating currencies. Central banks, particularly those in emerging economies, are increasing their Gold reserves to strengthen their currencies and enhance economic stability.
Gold prices are influenced by various factors, including geopolitical events, economic conditions, and currency movements. As a yield-less asset, Gold tends to rise when interest rates are low and the US Dollar weakens. Conversely, a strong Dollar can suppress Gold prices.
(This content was generated using an automated tool.)