Understanding gold price decline in India fluctuations is crucial for both investors and consumers. Today’s focus is on the latest data regarding gold prices in India, which show a decline. This article examines the current trends and provides essential details on the price changes.
Current Gold Price Trends
Gold Price Decline in India
Gold prices in India have seen a drop recently. On Wednesday, the price stood at 6,640.25 Indian Rupees (INR) per gram. This is a decrease from the previous day’s rate of 6,649.34 INR per gram.
Price Reduction Per Tola
The cost of gold per tola has also fallen. It now costs INR 77,450.62, down from INR 77,556.65 the day before. This reflects a noticeable reduction in gold prices.
Price Breakdown
Here is a quick breakdown of gold prices in different units:
- 1 Gram: 6,640.25 INR
- 10 Grams: 66,403.62 INR
- Tola: 77,450.62 INR
- Troy Ounce: 206,531.80 INR
How Gold Prices Are Calculated
FXStreet determines gold prices in India by converting international prices (USD/INR) to local currency and measurement units. These prices are updated daily based on market conditions at the time of publication. Keep in mind that local rates might differ slightly.
Conclusion
For up-to-date gold price information and detailed updates, you can visit Daily Gold Signal. For daily gold updates and insights, check out the Daily Gold Update.