Gold prices in India showed an upward trend on Wednesday, as per the latest data compiled by FXStreet. The price of gold per gram reached ₹7,167.62, marking an increase from ₹7,145.39 on Tuesday. Similarly, the price of one tola of gold climbed to ₹83,598.89 compared to ₹83,342.38 recorded the previous day.
Understanding Gold Price Movements in India
Gold prices in India are influenced by global market trends and exchange rates. FXStreet calculates these prices by converting international gold rates (USD/INR) into the local currency and measurement standards. While these prices serve as a reference, minor variations can occur in local markets.
Gold Price in India on Wednesday
Below is the updated gold price information:
Unit Measure | Gold Price in INR
- 1 Gram: ₹7,167.62
- 10 Grams: ₹71,674.33
- Tola: ₹83,598.89
- Troy Ounce: ₹222,939.80
How FXStreet Updates Gold Prices
FXStreet ensures daily updates for gold prices in India. These updates rely on international market data and currency exchange rates. However, actual local prices may differ slightly depending on additional factors like transportation and taxes.
Why Follow Gold Prices?
Monitoring gold prices is essential for buyers, investors, and traders. Changes in gold rates reflect global economic trends and currency strength, making them vital indicators for financial planning.
To stay informed about daily gold trends, check our Daily Gold Updates. You can also explore comprehensive gold price analysis at Daily Gold Signal.
