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

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

The price for Gold stood at 8,241.26 Indian Rupees (INR) per gram, up compared with the INR 8,211.09 it cost on Wednesday.

The price for Gold increased to INR 96,124.48 per tola from INR 95,772.53 per tola a day earlier.

Daily digest market movers: Gold price shrugs of high US yields

• The US 10-year Treasury bond yield recovers and rises three basis points to 4.314%.

• US real yields, as measured by the US 10-year Treasury Inflation-Protected Securities (TIPS) yield that correlates inversely to Gold prices, climb one basis points to 1.981%, capping non-yielding metal gains.

• The US Consumer Price Index (CPI) for February increased 2.8% YoY, slightly below the expected 2.9% and down from 3.0% in January, indicating continued moderation in inflation.

• Core CPI, which strips out volatile food and energy prices, dipped from 3.3% in January to 3.1% YoY, reinforcing signs of continued disinflation in the U.S. economy.

• The Atlanta Fed GDPNow model predicts the first quarter of 2025 at -2.4%, which would be the first negative print since the COVID-19 pandemic.

• Money market traders had priced in 71 basis points of easing in 2025, down from 77 bps a day ago, 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.)