India gold price today experienced a decline on Wednesday, as per the latest data from FXStreet. This dip reflects a trend observed in the international market, impacting local prices.
According to the data, the price of gold dropped to ₹6,780.33 per gram. This is a decrease from the ₹6,813.77 it cost on the previous day. Similarly, the price for one tola of gold also fell, coming down to ₹79,084.80 from ₹79,474.51.
Gold Prices at Different Units in India
The following table illustrates the gold prices for various units:
| Unit Measure | Gold Price in INR |
|---|---|
| 1 Gram | ₹6,780.33 |
| 10 Grams | ₹67,803.61 |
| 1 Tola | ₹79,084.80 |
| 1 Troy Ounce | ₹210,886.20 |
Key Factors Influencing Gold Prices in India
FXStreet determine India gold price today by adjusting international gold prices (in USD) to Indian Rupees (INR). This conversion also considers the local measurement units used in India. The daily market rates are considered at the time of publication, but it’s essential to note that local prices may slightly vary.
Why This Information Matters
Staying informed about gold price fluctuations is crucial for investors and consumers alike. Gold is a significant part of India’s economy, particularly during festivals and weddings. Understanding price trends can help in making timely decisions about buying or selling gold.
Stay Updated with Market Trends
By staying updated with the latest gold prices, you can make more informed financial decisions. This is especially vital for individuals and businesses engaged in the gold market, as small fluctuations can have significant impacts.
For those interested in daily updates on gold prices, you can check out more information on this Daily Gold Update.
For those interested in daily updates on gold prices, you can check out more information on this Daily Gold Update.
