Gold rates in India went up on Monday, according to data from FXStreet. The price of gold per gram increased to 6,974.08 Indian Rupees (INR), slightly higher than Friday’s rate of 6,953.37 INR. For one tola of gold, the price rose to 81,344.34 INR, compared to 81,102.72 INR on Friday.
Gold Prices in INR
Unit Measure | Gold Price in INR |
---|---|
1 Gram | 6,974.08 |
10 Grams | 69,740.84 |
Tola | 81,344.34 |
Troy Ounce | 216,918.40 |
How Gold Prices Are Calculated
Gold rates in India are based on international gold prices, but they are converted into Indian Rupees (INR) using the USD/INR exchange rate. FXStreet updates these prices every day, but the local prices might vary slightly depending on the market conditions in your area.
Why Gold Prices Are Rising
The recent increase in gold prices could be due to changes in global markets and currency values. Gold is considered a safe investment, especially during uncertain economic times. Monitoring daily updates helps investors stay informed about these changes.
Conclusion
Gold prices in India have gone up slightly, as shown by the FXStreet data. Keeping track of these changes is important for investors looking to buy or sell gold. Stay updated with the latest trends by visiting Daily Gold Signal for regular updates on gold prices.
For more updates on gold prices and market trends, you can check out the Daily Gold Update page.