Gold price in India went up on Friday, according to FXStreet. The price for 1 gram of gold increased to ₹7,188.75 from ₹7,170.18 on Thursday.
Gold Price Increase in India
The price of gold per tola (a unit used in South Asia) also rose to ₹83,848.18, compared to ₹83,631.55 the previous day. This increase is part of a broader global trend, where changes in international gold prices and the USD/INR exchange rate affect gold prices in India.
Current Gold Prices (INR)
| Unit | Price (INR) |
|---|---|
| 1 Gram | ₹7,188.75 |
| 10 Grams | ₹71,887.51 |
| 1 Tola | ₹83,848.18 |
| 1 Troy Ounce | ₹2,23,595.30 |
These rates give a clear picture of today’s gold prices in India.
How FXStreet Calculates Gold Prices
FXStreet calculates Indian gold prices by converting international prices using the USD/INR exchange rate. These daily updates reflect the most accurate gold price available for Indian consumers, although prices may slightly differ in local markets.
Why Gold Prices Are Important in India
Gold is popular in India, both as an investment and for jewelry. Many people buy gold during festivals and weddings, so any change in the price impacts their buying decisions. Investors also see gold as a safe option during uncertain economic times, as its value often goes up when the economy struggles.
Stay Updated
For regular updates on gold prices, check out Daily Gold Signal. You can also read the Daily Gold Update for more information on gold trends.
