The price of gold in India has dropped, according to data from FXStreet. As of Monday, the cost per gram fell to INR 7,384.79, down from INR 7,426.85 on Friday. This decrease aligns with global market changes, and FXStreet provides daily updates on these prices by converting international rates from USD to INR. Below is a quick breakdown of current gold prices for different units.
Gold Price Overview: Latest INR Rates
According to FXStreet, here is a comparison of today’s gold prices with Friday’s rates:
| Unit Measure | Gold Price in INR |
|---|---|
| 1 Gram | 7,384.79 |
| 10 Grams | 73,847.93 |
| Tola | 86,134.78 |
| Troy Ounce | 229,679.50 |
These changes reflect a drop from previous levels in all units, showing a continuing trend that investors should be aware of.
How FXStreet Calculates These Prices
FXStreet calculates India gold price by converting international gold rates (in USD) to Indian Rupees. They adjust for local units like grams and tolas, updating prices daily to reflect market rates. These prices can vary slightly depending on local supply, demand, and any minor shifts in market conditions.
Why India’s Gold Price Changes
Gold prices in India change daily due to a mix of factors, including the global market, exchange rates, and demand in the local market. As a safe-haven asset, gold prices tend to rise in times of global economic tension. In India, a strong or weak INR against the USD also impacts gold prices.
Why Monitoring Gold Prices is Important
Keeping track of daily gold prices helps investors make smart decisions. Knowing these prices can be useful whether you’re buying, selling, or holding gold. For more insights and regular updates, check out our Daily Gold Signal page. For daily updates, visit Daily Gold Update to stay informed about trends.
