Gold prices in India remained steady on Tuesday, showing only a small change compared to the previous day. As per FXStreet data, the price of gold per gram was 7,113.87 INR, slightly higher than Monday’s price of 7,112.67 INR.
The price of one tola of gold was 82,974.10 INR, just a bit more than the previous day’s rate of 82,960.83 INR. This steady trend reflects global market stability and local adjustments in the exchange rate.
Current Gold Prices in India: Stay Updated Today
Here’s a simple breakdown of gold prices:
Unit | Price (INR) |
---|---|
1 Gram | 7,113.87 |
10 Grams | 71,138.11 |
1 Tola | 82,974.10 |
1 Troy Ounce | 221,267.00 |
How FXStreet Calculates Current Gold Prices in India
FXStreet updates gold prices daily. They convert international gold prices into INR by considering the USD/INR exchange rate and adjusting for Indian measurement units. These prices are helpful for reference, but local factors can cause small differences in actual rates.
Importance of Knowing the Current Gold Price in India
Tracking gold prices daily is crucial for both buyers and investors. Here’s why:
- Investment Planning: Gold is seen as a safe asset, especially during times of economic uncertainty.
- Weddings and Festivals: Many families in India buy gold for traditional occasions, making price updates vital.
- Market Timing: Knowing price trends helps you decide the right time to buy or sell gold.
Why Gold Price Updates Are Important
Tracking gold prices helps buyers, investors, and traders make smart decisions. Gold is a safe investment and protects against inflation. Staying informed about daily price changes allows better planning for purchases or investments.
For more information and regular updates, check Daily Gold Signal. To get detailed daily insights, visit the Daily Gold Update section.