Gold prices in India went down on Tuesday, as per FXStreet data. The price of gold dropped to INR 7,144.44 per gram, which is less than Monday’s price of INR 7,159.09. Similarly, the price of one tola of gold also fell, reaching INR 83,331.34, down from INR 83,502.19.
Latest Gold Prices in India
Here are the updated gold price in India:
| Unit Measure | Gold Price in INR |
|---|---|
| 1 Gram | 7,144.44 |
| 10 Grams | 71,444.39 |
| 1 Tola | 83,331.34 |
| 1 Troy Ounce | 222,217.10 |
FXStreet uses international gold prices and converts them into Indian Rupees (INR) using the latest exchange rates. They also adjust the prices to fit the local Indian units of measurement like grams and tolas. Prices are updated daily but might be slightly different from what is seen in local markets.
How Gold Prices are Calculated in India
Gold price in India are calculated by converting international prices from US dollars (USD) to Indian Rupees (INR). These conversions are based on the latest exchange rate. The table above shows prices for 1 gram, 10 grams, tola, and troy ounce.
What Affects Gold Prices?
Several factors can cause gold prices to go up or down. These include changes in global market conditions, fluctuations in the USD/INR exchange rate, and local demand for gold. Events like inflation, political issues, or decisions made by central banks also impact gold prices.
For regular updates on gold prices and trading signals, check out Daily Gold Signal. You can also visit the Daily Gold Update page for more details on daily price changes.
