Gold prices in India went up on Monday, according to data from FXStreet. The price of gold per gram is now 7,381.28 Indian Rupees (INR), up from 7,356.14 INR on Friday. This rise shows a change in global markets and demand for gold.
Why Gold Prices in India Are Important
Gold plays a significant role in India’s culture and economy. Many people buy gold as a form of investment or for occasions like weddings and festivals. Because of its value, even small changes in the price of gold can have a big impact on consumers, investors, and jewelers. By tracking daily gold prices, you can make informed decisions on when to buy or sell gold.
Gold Prices in India: Different Measurements Explained
The price of tola, another unit for measuring gold, also increased. It went up from 85,800.59 INR on Friday to 86,096.29 INR today. Here’s a quick look at today’s gold prices in different units:
| Measurement | Gold Price in INR |
|---|---|
| 1 Gram | 7,381.28 |
| 10 Grams | 73,813.05 |
| Tola | 86,096.29 |
| Troy Ounce | 229,581.90 |
How FXStreet Calculates Gold Prices in India
FXStreet calculates India’s gold prices by converting international gold prices to Indian Rupees (INR), based on the USD/INR exchange rate. These prices are updated daily, so they reflect the most recent market conditions. While these numbers give a good estimate, local prices may be slightly different.
Why Do Gold Prices Change?
Gold prices in India change because of global events, currency rates, and local demand. Keeping an eye on daily gold price changes can help you make smart decisions about buying or selling. For regular updates, visit Daily Gold Signal’s gold update page.
For more information on gold prices and updates, you can also visit Daily Gold Signal.
