Gold prices in India fell on Tuesday, as reported by FXStreet. The price of gold is now INR 6,946.79 per gram, down from INR 6,961.83 the day before.
Latest Gold Prices in India
Along with the per-gram price, the cost of gold per tola also dropped, going from INR 81,201.39 to INR 81,025.94. Here are the latest prices:
| Unit | Gold Price in INR |
|---|---|
| 1 Gram | 6,946.79 |
| 10 Grams | 69,467.85 |
| 1 Tola | 81,025.94 |
| 1 Troy Ounce | 216,069.30 |
How Prices Are Calculated
FXStreet calculates gold price in India by converting global prices into INR. They use the USD/INR exchange rate and adjust it for Indian measurement units. Prices are updated daily, so they reflect the latest market changes. Remember that local prices might differ slightly.
Why Gold Prices Dropped
Gold price in India often change due to global factors like inflation, currency rates, and market events. The recent drop could be a good time to buy gold, but prices may shift again, so it’s important to check updates regularly.
Is It a Good Time to Buy Gold?
Gold is often considered a long-term investment, and many people buy it during price dips to maximize their returns. While the recent price drop may encourage some to make purchases, it’s essential to stay informed about market trends. Factors such as inflation, currency fluctuations, and international events can quickly change gold’s value. Monitoring daily updates and analyzing future trends are crucial for making informed decisions.
Conclusion
To stay informed about daily changes in gold prices, visit Daily Gold Signal for up-to-date information. For more detailed updates, check out Daily Gold Updates.
