India gold price have risen in line with the global trend of increasing demand. According to FXStreet, the price per gram of gold has climbed to 7,342.11 Indian Rupees (INR) on Friday, compared to 7,331.93 INR on Thursday. Similarly, the price per tola increased to 85,636.88 INR, up from 85,518.23 INR the previous day.
Updated Gold Prices in India
The current gold prices for different units of measurement are as follows:
Unit Measure | Gold Price (INR) |
---|---|
1 Gram | 7,342.11 |
10 Grams | 73,421.06 |
Tola | 85,636.88 |
Troy Ounce | 228,365.20 |
These prices are calculated by FXStreet, which adapts international gold rates in USD to the Indian market using the USD/INR exchange rate. Daily updates are based on the most current market information. However, there may be minor variations in local market prices.
Factors Influencing Gold Prices
Several factors impact the fluctuations in gold prices:
- Global Demand: An increase in global demand often leads to higher prices.
- Exchange Rates: The USD/INR rate significantly affects the local cost of gold.
- Economic Trends: Inflation and geopolitical events also play a crucial role in price determination.
Key Takeaways for Gold Buyers
- Stay updated on India gold price trends to make informed decisions.
- Keep in mind that local prices may vary slightly from standard market rates.
- Refer to reliable platforms like Daily Gold Signal for accurate information.
For more detailed insights and updates, explore Daily Gold Updates. By adhering to these insights and staying informed about daily changes, you can make better decisions regarding gold investments or purchases. For regular updates, visit Daily Gold Signal.