Select Language

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

Breaking news

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

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
New update 2025.06.02 13:35
India Gold price today: Gold rises, according to FXStreet data

update 2025.06.02 13:35

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

The price for Gold stood at 9,105.56 Indian Rupees (INR) per gram, up compared with the INR 9,036.34 it cost on Friday.

The price for Gold increased to INR 106,203.20 per tola from INR 105,398.10 per tola on friday.

Unit measure Gold Price in INR
1 Gram 9,105.56
10 Grams 91,055.02
Tola 106,203.20
Troy Ounce 283,219.80

 

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.

 

Gold FAQs

Gold has played a key role in human's history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn't rely on any specific issuer or government.

Central banks are the biggest Gold holders. In their aim to support their currencies in turbulent times, central banks tend to diversify their reserves and buy Gold to improve the perceived strength of the economy and the currency. High Gold reserves can be a source of trust for a country's solvency. Central banks added 1,136 tonnes of Gold worth around $70 billion to their reserves in 2022, according to data from the World Gold Council. This is the highest yearly purchase since records began. Central banks from emerging economies such as China, India and Turkey are quickly increasing their Gold reserves.

Gold has an inverse correlation with the US Dollar and US Treasuries, which are both major reserve and safe-haven assets. When the Dollar depreciates, Gold tends to rise, enabling investors and central banks to diversify their assets in turbulent times. Gold is also inversely correlated with risk assets. A rally in the stock market tends to weaken Gold price, while sell-offs in riskier markets tend to favor the precious metal.

The price can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can quickly make Gold price escalate due to its safe-haven status. As a yield-less asset, Gold tends to rise with lower interest rates, while higher cost of money usually weighs down on the yellow metal. Still, most moves depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAU/USD). A strong Dollar tends to keep the price of Gold controlled, whereas a weaker Dollar is likely to push Gold prices up.

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


Date

Created

 : 2025.06.02

Update

Last updated

 : 2025.06.02

Related articles


Show more

FXStreet

Financial media

arrow
FXStreet

FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.

Was this article helpful?

We hope you find this article useful. Any comments or suggestions will be greatly appreciated.  
We are also looking for writers with extensive experience in forex and crypto to join us.

please contact us at [email protected].

Thank you for your feedback.
Thank you for your feedback.

Most viewed

EUR/USD consolidates below 1.1400 as good US data supports the Dollar

EUR/USD is moving lower for the second consecutive day on Wednesday, trading around 1.1380 at the time of writing.
New
update2025.06.04 16:32

WTI eases amid a stronger USD, but remains close to $63.00

Oil has been trimming some gains over the last sessions, weighed by a stronger US Dollar, but it remains close to the six-week highs above $63.00 reached on Tuesday.
New
update2025.06.04 16:16

EUR/JPY gains traction above 163.50 amid risk-on sentiment 

The EUR/JPY cross gains ground to near 163.80 during the early European session on Wednesday. The Japanese Yen (JPY) weakens against the Euro (EUR) due to the cautious remarks from the Bank of Japan (BoJ) Governor Kazuo Ueda and the improved risk sentiment.
New
update2025.06.04 15:45

US President Trump: Very tough, extremely hard to make a deal with China's Xi

In his latest post on Truth Social, US President Donald Trump said that "I like President Xi of China, always have, and always will, but he is VERY TOUGH, AND EXTREMELY HARD TO MAKE A DEAL WITH!!!"
New
update2025.06.04 15:44

USD/CHF holds ground near 0.8250 ahead of Trump tariffs implementation

USD/CHF remains stronger for the second successive session, trading around 0.8240 during the Asian hours on Wednesday. The US Dollar continues to gain ground against its peers, potentially due to a technical correction.
New
update2025.06.04 15:12

Crude oil price today: WTI price bearish at European opening

West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $62.59 per barrel, down from Tuesday's close at $62.84.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $65.20 after its previous daily close at $65.43.
New
update2025.06.04 15:03

US and Canada trade deal could happen before G7 Summit next week

Citing new US Ambassador to Canada Pete Hoekstra, The Toronto Sun reported that a trade deal between the US and Canada could strike any time next week.  
New
update2025.06.04 14:26

AUD/JPY Price Forecast: Bearish bias remains unchanged near 93.00

The AUD/JPY cross trades in positive territory near 93.10 during the early European session on Wednesday. The Australian Dollar (AUD) remains weak against the Japanese Yen (JPY) after Australia's first quarter (Q1) economic growth missed estimates. 
New
update2025.06.04 14:01

USD/CAD hangs near YTD low; flat lines above 1.3700 ahead of BoC, US macro data

The USD/CAD pair extends its sideways consolidative price move through the Asian session on Wednesday and remains close to its lowest level since October 2024 touched earlier this week.
New
update2025.06.04 13:59

GBP/USD remains above 1.3500 as US Dollar comes under pressure from "Sell America" trend

GBP/USD edges higher after registering losses in the previous session, trading around 1.3520 during the Asian hours on Wednesday. The pair may appreciate as the US Dollar (USD) attracts sellers under the "Sell America" trend amid rising tariff uncertainty, which could hurt growth in the US economy.
New
update2025.06.04 13:38

Disclaimer:arw

All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.

The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.

  • Facebook
  • Twitter
  • LINE

Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy

I agree
share
Share
Cancel