Gold price in India witnessed a decline on Tuesday, marking a shift from Monday’s rates. FXStreet’s data indicates that the value of gold has dropped, bringing fresh insight into daily fluctuations in India’s precious metal markets. This article covers the details of these recent changes in gold prices per gram and tola, offering a clear snapshot of today’s market situation.
Gold price in India closely monitored due to gold’s cultural and financial significance. Let’s take a look at the specifics, how FXStreet calculates these prices, and what this means for daily investors and consumers.
Gold Price Decline Today
As per FXStreet data, India’s gold rate per gram dropped to INR 7,101.08 on Tuesday. This change reflects a minor dip compared to the previous rate of INR 7,114.27 observed on Monday. For those measuring in tola, the price fell from INR 82,979.44 to INR 82,824.36.
Unit Measure for Gold Prices in INR
| Unit Measure | Gold Price (INR) |
|---|---|
| 1 Gram | 7,101.08 |
| 10 Grams | 71,011.37 |
| 1 Tola | 82,824.36 |
| Troy Ounce | 220,863.40 |
FXStreet’s Calculation of India’s Gold Prices
FXStreet calculates India gold price by converting the international gold prices in USD into the local currency (INR). This method factors in current exchange rates and measurement conversions, providing updated daily rates. However, local rates may vary slightly from the official FXStreet data due to region-specific pricing and demand factors.
For more insights and regular updates on India’s daily gold rates, check the Daily Gold Signal site, which provides up-to-date information for market participants. Additionally, visit their Daily Gold Update section for the latest analysis on gold’s price trends and forecasts.
