Gold price in India went up on Monday, according to FXStreet. The price for one gram of gold increased to 7,238.43 Indian Rupees (INR), rising from 7,222.61 INR last Friday. Similarly, the price for one tola of gold climbed to 84,427.66 INR, compared to 84,243.13 INR previously.
Latest Gold Prices in India
Here are the updated gold prices for different units in India:
| Unit Measure | Gold Price (INR) |
|---|---|
| 1 Gram | 7,238.43 |
| 10 Grams | 72,384.33 |
| 1 Tola | 84,427.66 |
| Troy Ounce | 225,140.60 |
These figures reflect an upward trend in gold prices across all measures.
How Gold Prices Are Determined
FXStreet calculates India gold price by converting international prices (USD/INR) into the local currency and standard measurement units. These prices are updated daily to provide accurate insights. Keep in mind, however, that these rates are for reference only and may vary slightly in local markets.
Why Gold Prices Fluctuate
Gold prices change due to factors like global demand, currency exchange rates, and economic trends. These influences can drive prices up or down, so staying informed helps buyers and investors make smarter decisions.
Investment Insights for Gold Buyers
Gold has always been a popular investment choice in India due to its stability and cultural significance. Experts often recommend diversifying investment portfolios with gold to hedge against economic uncertainties. As gold prices rise, it becomes essential for buyers and investors to monitor trends closely to make informed decisions.
For short-term traders, gold’s price volatility offers opportunities to capitalize on market movements. Meanwhile, long-term investors view gold as a secure asset to protect wealth during periods of inflation or currency devaluation.
For regular updates, visit Daily Gold Signal. Explore more daily gold trends in our Daily Gold Update.
