India gold price in India experienced a decline on Tuesday, reflecting the latest data from FXStreet. The price per gram of gold dropped to 6,766.61 Indian Rupees (INR), marking a decrease from Monday’s rate of INR 6,795.38. Similarly, the price of gold per tola fell from INR 79,259.98 to INR 78,923.83.
Detailed Breakdown of Gold Prices
Price Comparison Across Units
Below is a detailed breakdown of gold prices in India:
- 1 Gram: INR 6,766.61
- 10 Grams: INR 67,665.60
- 1 Tola: INR 78,923.83
- 1 Troy Ounce: INR 210,465.40
Gold Pricing Methodology
FXStreet derives India gold price by adjusting international prices, particularly the USD/INR exchange rate, to reflect local currency and measurement units. These prices are refreshed daily based on market fluctuations at the time of publication. While the rates provide a solid reference, minor deviations from local market prices may occur.
Current Outlook for Gold Prices in India
Looking ahead, the outlook for gold prices in India remains uncertain. Various factors, such as global economic conditions, inflation rates, and central bank policies, will continue to influence prices. Investors and consumers should stay informed about these factors to make informed decisions regarding their gold investments.
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