Gold price in India stayed the same on Friday, based on FXStreet data. The price for 1 gram of gold is 7,111.35 Indian Rupees (INR). On Thursday, the price was 7,106.06 INR.
Gold Rates in India Today
Here are today’s gold prices:
Unit | Price in INR |
---|---|
1 Gram | 7,111.35 |
10 Grams | 71,113.45 |
1 Tola | 82,943.09 |
1 Troy Ounce | 221,188.60 |
The price of 1 tola increased slightly from 82,883.73 INR on Thursday to 82,943.09 INR today.
How Gold Rates Are Set
Gold prices in India are determined by global market rates. FXStreet converts global gold prices using the USD/INR exchange rate. These prices are updated daily. Local market prices may vary slightly.
Why Gold Prices Change
Gold prices depend on:
- Currency rates: Changes in the US Dollar and Indian Rupee.
- Global demand: Demand from big markets like China and the USA.
- Economic factors: Gold is popular during uncertain times as a safe investment.
Stay updated with the latest prices on Daily Gold Updates.
Why You Should Track Gold Prices
Tracking gold prices helps:
- Investors: To determine the ideal time for buying or selling.
- Jewelry buyers: To get the best deal.
- Traders: To follow trends and plan better.
Get reliable updates from Daily Gold Signal.
Tips for Gold Buyers
If you’re planning to buy gold, here are a few tips:
- Verify the purity: Make sure the gold carries a hallmark to confirm its authenticity.
- Compare prices: Check rates from multiple sellers to get the best deal.
- Be aware of making charges: These charges can vary significantly between jewelers.
- Buy from trusted sources: Always choose reputable sellers to avoid fraud.
For investors, diversifying your portfolio with gold can be a smart move to hedge against inflation and market volatility.
Conclusion
Gold prices in India are steady today. Checking daily updates is useful for smart buying, selling, or investing. Stay informed by following trusted sources.
For more information, check Daily Gold Updates and Daily Gold Signal.