Gold price in India have gone up, based on the latest data from FXStreet. On Thursday, the price for one gram of gold is ₹7,369.73, up from ₹7,340.16 on Wednesday. This increase can also be seen in other gold measurements like tola and troy ounce.
Current Gold Prices in India
Here are the latest gold prices:
| Unit | Gold Price in INR |
|---|---|
| 1 Gram | ₹7,369.73 |
| 10 Grams | ₹73,699.44 |
| Tola | ₹85,959.05 |
| Troy Ounce | ₹229,224.30 |
The price for 10 grams is ₹73,699.44, and for one tola, it’s ₹85,959.05. Yesterday, the price for a tola was ₹85,614.14.
How FXStreet Calculates Gold Prices
FXStreet converts global gold prices into Indian Rupees (INR) using the USD/INR exchange rate. These prices are updated daily to match the latest market rates. Local gold prices may differ slightly based on where you buy.
Why Do Gold Prices Go Up or Down?
Gold prices can change for several reasons. The value of currency, global demand for gold, and political events can all affect the price. In India, gold is not just seen as an investment but is also deeply connected to cultural traditions. This high demand for gold can further impact prices.
Why Gold Prices Change
Gold prices can go up or down due to different reasons like currency changes, global demand, or political events. In India, gold is important for both investments and cultural reasons, which can also affect its price. For more detailed information, check Daily Gold Update for the latest gold market news.
Conclusion:
Keeping track of gold prices is a smart move, especially if you’re planning to buy or sell gold. Prices can change daily due to different factors, so it’s always good to check reliable sources for the latest updates.
