Today, India gold price experienced an increase, reflecting the latest market trends. According to data from FXStreet, gold prices have risen, providing valuable insights for investors and gold buyers.
Gold Price Per Gram
As of Friday, the price of gold in India reached INR 6,727.50 per gram, showing a noticeable rise from Thursday’s price of INR 6,702.95.
Gold Price Per Tola
The cost of gold per tola also saw an increase, climbing to INR 78,468.18 from INR 78,181.86 just a day before. This upward movement signals positive momentum in the gold market.
Unit Measure | Gold Price in INR |
---|---|
1 Gram | 6,727.50 |
10 Grams | 67,274.95 |
Tola | 78,468.18 |
Troy Ounce | 209,248.60 |
How FXStreet Calculates Gold Prices in India
FXStreet determines gold price rise in India by converting international gold prices (USD/INR) into local currency and units of measurement. These prices are updated daily, ensuring that they reflect the most recent market conditions. Please note that actual local rates may vary slightly from these reference prices.
Global Economic Conditions
Gold prices in India are heavily influenced by global economic conditions. Factors such as inflation, currency fluctuations, and geopolitical tensions can drive the demand for gold as a safe haven asset. As a result, changes in international gold prices often have a direct impact on local rates.
For more gold updates, you can visit the Daily Gold Signal website and explore their Daily Gold Update category.