Gold prices in India showed little movement on Monday, based on the latest figures from FXStreet. This update highlights the stability in gold prices despite recent fluctuations.
Current Gold Prices
As of Monday, the price of gold in India is INR 6,239.86 per gram. This price remains largely unchanged from Friday’s price of INR 6,234.73 per gram. The price per tola also stayed steady, recorded at INR 72,779.83 compared to the previous day’s INR 72,720.65.
Here is a detailed breakdown of gold prices:
Unit Measure | Gold Price in INR |
---|---|
1 Gram | 6,239.86 |
10 Grams | 62,398.30 |
Tola | 72,779.83 |
Troy Ounce | 194,083.00 |
How FXStreet Calculates Gold Prices
FXStreet calculates gold prices in India by converting international prices using the USD/INR exchange rate. These prices are then adapted to the local currency and specific measurement units. The rates are updated daily based on the latest market data, though local prices may vary slightly due to regional factors.
Why Gold Prices Matter
Gold prices are essential for investors, jewelers, and consumers. They indicate economic health and influence purchasing decisions. Staying updated on gold prices helps in making informed investment choices.
Conclusion
In summary, gold prices in India have remained stable, showing only minor changes from previous rates. For the latest updates on gold prices, visit Daily Gold Signal. For detailed daily updates, check out Daily Gold Update.