India gold price dropped on Wednesday, as per data from FXStreet. The price of gold is now ₹7,161.77 per gram, down from ₹7,186.60 on Tuesday.
The price per tola also fell from ₹83,823.04 to ₹83,533.51. If you’re buying more gold, the price for 10 grams is now ₹71,617.18, and one troy ounce costs ₹222,765.40.
Gold Prices in INR:
| Unit | Gold Price in INR |
|---|---|
| 1 Gram | ₹7,161.77 |
| 10 Grams | ₹71,617.18 |
| 1 Tola | ₹83,533.51 |
| 1 Troy Ounce | ₹222,765.40 |
How India Gold Prices Are Set
FXStreet calculates gold price by converting global prices (USD/INR) into Indian Rupees. They update these prices daily based on international market changes. These rates are for reference, and local prices may vary slightly.
Why Gold Prices Change
Gold prices in India change due to many factors such as global economic conditions, currency exchange rates, and supply-demand factors. Since India is a large consumer of gold, international price changes affect local prices. For more detailed updates, you can check FXStreet.
How to Stay Updated on India Gold Prices
To stay updated on daily gold price changes, it’s essential to follow reliable sources like FXStreet, which provides regular updates on global and local gold prices. Checking daily gold rates allows you to make informed decisions when buying or investing in gold.
For further gold-related news, visit our daily updates.
