The India gold price today showed little change, reflecting a stable market trend on Thursday, as per FXStreet data. Gold prices in India continue to hover around previous levels, indicating steady demand and supply conditions.
Gold Prices in Detail
On Thursday, the India gold price per gram stood at INR 7,498.27, showing minimal change from INR 7,495.38 recorded on Wednesday. Similarly, the rate for gold per tola was reported at INR 87,458.70, slightly higher than the previous day’s INR 87,424.65.
Here’s a breakdown of the latest gold prices:
| Unit Measure | Gold Price in INR |
|---|---|
| 1 Gram | 7,498.27 |
| 10 Grams | 74,983.00 |
| Tola | 87,458.70 |
| Troy Ounce | 233,217.30 |
How FXStreet Calculates Gold Prices
The calculation of gold prices in India by FXStreet involves adapting international gold prices (USD/INR) to the local currency and weight units. These rates are updated daily based on prevailing market conditions at the time of publication.
It is essential to note that these prices are for reference purposes, and actual local rates may vary slightly due to market-specific factors.
Importance of Tracking India Gold Price
Gold is a critical investment option in India, widely valued for its role as a hedge against inflation and currency fluctuations. Keeping track of the latest gold prices helps investors make informed decisions and plan their investments effectively.
For daily updates and expert insights on gold prices, visit the Daily Gold Signal website. You can also explore their detailed Daily Gold Updates for further analysis and gold market trends.
