Gold prices in India saw a decline on Monday, as per data from FXStreet. The rates for gold fluctuated, reflecting changes in the international market. Investors and traders closely monitor these prices to make informed decisions. This update provides a detailed breakdown of the latest gold rates in India.
Latest Gold Prices in India
According to FXStreet, gold prices in India dropped compared to the previous trading session. The current price per gram is 7,787.56 Indian Rupees (INR), down from 7,849.73 INR on Friday.
Gold Price Comparison
The decrease in gold prices was observed across various measurement units. Below is a detailed breakdown:
| Unit Measure | Gold Price (INR) |
|---|---|
| 1 Gram | 7,787.56 |
| 10 Grams | 77,875.09 |
| 1 Tola | 90,831.32 |
| 1 Troy Ounce | 242,220.50 |
How Gold Prices are Calculated
FXStreet determines gold price in India by adapting global market rates to the local currency (USD/INR). The prices are updated daily to reflect real-time fluctuations. However, minor variations may exist in local markets due to additional factors such as demand and supply.
Market Trends and Future Expectations
Gold prices often fluctuate due to economic conditions, global trends, and investor sentiment. As international rates shift, the Indian market responds accordingly. Investors should stay informed about these trends for better financial decisions.
For more detailed gold market insights, visit Daily Gold Signal, which offers expert analysis and updates on gold trading.
Conclusion
Gold prices in India have decreased, following global market movements. These changes impact investors and traders who track gold rates for investment purposes. For daily gold price updates, you can check Daily Gold Update.
