India Gold price today: Gold rises, according to FXStreet data

Gold prices rose in India on Tuesday, according to data compiled by FXStreet.

The price for Gold stood at 8,136.41 Indian Rupees (INR) per gram, up compared with the INR -0.03 it cost on Monday.

The price for Gold increased to INR 94,901.45 per tola from INR 94,612.61 per tola a day earlier.

Daily digest market movers: Gold price retreats amid falling US yields

• The US 10-year Treasury bond yield dropped nearly nine basis points to 4.218% as traders eye the Fed's interest rate cuts.

• US real yields, as measured by the US 10-year Treasury Inflation-Protected Securities (TIPS) yield that correlates inversely to Gold prices, edge down five-and-a-half basis points to 1.906%, a tailwind for the non-yielding metal.

• Recently, Fed Chair Jerome Powell reiterated that the central bank is not in a hurry to lower rates. Powell added that getting inflation to 2% would be bumpy and that the central bank doesn't need to overreact to one or two readings. Powell said the Fed is well-positioned regarding monetary policy.

• The New York Fed Consumer Sentiment Survey revealed that inflation expectations for one year in February increased from 3% to 3.1%. For the three and five-year periods, they remained unchanged at 3%. Americans expect price increases in gas, rent and food.

• The latest US jobs report for February was mixed, with the economy adding over 150K people to the workforce, but the Unemployment Rate rose by 4.1%. Nevertheless, the data shows that the labor market remains solid.

• The People's Bank of China (PBoC) continues to purchase Gold, according to the World Gold Council (WGC). The PBoC increased its holdings by 10 tonnes in the first two months of 2025. However, the largest buyer was the National Bank of Poland (NBP), which increased its reserve by 29 tonnes, its largest purchase since June 2019, when it bought 95 tonnes.

• Money market traders had priced in 80 basis points of easing in 2025, up from 74 bps last Friday, via data from Prime Market Terminal.

FXStreet calculates Gold prices in India by adapting international prices (USD/INR) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge slightly.

(An automation tool was used in creating this post.)