Understanding the daily fluctuations in India gold price is crucial for investors and enthusiasts alike. In India, gold is not just a commodity but a symbol of wealth and tradition. Keeping track of gold prices helps in making informed decisions. In this article, we will explore the latest trends in gold prices, focusing on how gold prices in India have remained steady as per the data provided by FXStreet.
Gold Prices Today in India
According to the latest data compiled by FXStreet, gold prices in India have remained largely unchanged as of today. The current price for gold stands at INR 6,742.61 per gram. This price shows minimal variation compared to the previous rate of INR 6,740.18 recorded last Friday.
Similarly, the price of gold per tola, which is a popular measurement unit in India, remains stable at INR 78,643.81. This is only a slight increase from INR 78,616.10 per tola on the previous trading day. These small fluctuations indicate that gold prices have been steady.
Detailed Price Breakdown
For better clarity, here is a breakdown of the current gold prices in India based on different units:
- 1 Gram: INR 6,742.61
- 10 Grams: INR 67,425.53
- Tola: INR 78,643.81
- Troy Ounce: INR 209,720.30
These prices provide a clear snapshot of the gold market today. Whether you’re buying in grams or by the tola, the rates remain consistent.
How FXStreet Calculates Gold Prices
FXStreet plays a vital role in providing accurate and timely data on India gold price. Their calculations are based on international gold prices and the USD/INR exchange rate. These values are then converted into Indian Rupees and adjusted to the local measurement units like grams and tolas.
It’s important to note that while FXStreet offers reliable daily updates, local gold prices may vary slightly due to additional factors such as taxes and dealer premiums.
Conclusion
In conclusion, gold prices in India have shown stability today, as per FXStreet data. This stability offers a level of confidence for investors looking to make decisions in the gold market. For regular updates on gold prices and other precious metal trends, you can visit the Daily Gold Signal website. Additionally, for daily updates specifically focused on gold, check out this Daily Gold Update page.
