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
update 2025.07.28 13:42
India Gold price today: Gold rises, according to FXStreet data

update 2025.07.28 13:42

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

The price for Gold stood at 9,284.92 Indian Rupees (INR) per gram, up compared with the INR 9,275.52 it cost on Friday.

The price for Gold increased to INR 108,297.50 per tola from INR 108,187.90 per tola on friday.

Unit measure Gold Price in INR
1 Gram 9,284.92
10 Grams 92,849.16
Tola 108,297.50
Troy Ounce 288,793.40

 

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

 : 2025.07.28

Update

Last updated

 : 2025.07.28

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

New Zealand Dollar dips with RBNZ cut in focus, Fed minutes on deck

The New Zealand Dollar (NZD) weakens against the US Dollar (USD) on Tuesday, as traders reposition ahead of key macro catalysts, including the release of the Federal Reserve's July meeting minutes and the Jackson Hole Symposium later this week.
New
update2025.08.20 02:45

Dow Jones Industrial Average grapples with fizzling tech rally

The Dow Jones Industrial Average (DJIA) flubbed an early rise on Tuesday, jumping higher before backsliding through the rest of the day, erasing the early morning gains.
New
update2025.08.20 02:42

GBP/USD holds near 1.3500 as ceasefire hopes offset Fed, UK CPI risks

GBP/USD holds firm at around 1.3500 on Tuesday amid reports of a possible end to the war between Ukraine and Russia. At the same time, traders await inflation data in the UK, the latest minutes of the Federal Reserve's (Fed) July meeting, and the Fed Chair Jerome Powell's speech at Jackson Hole.
New
update2025.08.20 00:38

WTI Crude Oil slides toward $62.00 as geopolitical tensions ease and oversupply fears mount

WTI Crude Oil remains under pressure on Tuesday, trading around $62.00 per barrel, as markets digested signs of de-escalation in the Russia-Ukraine conflict and positioned cautiously ahead of key macroeconomic events.
New
update2025.08.20 00:30

Canadian Dollar weakens after July CPI undershoots forecasts

The Canadian Dollar (CAD) weakens against the US Dollar (USD) on Tuesday, with USD/CAD climbing above the 1.3830 mark as softer-than-expected inflation data from Canada fuels speculation of a dovish stance from the Bank of Canada (BoC).
New
update2025.08.19 22:08

EUR/GBP holds firm as markets eye Eurozone, UK CPI and Lagarde's remarks

The Euro (EUR) is trading with a steady tone against the British Pound (GBP) on Tuesday, with the EUR/GBP cross hovering below the 0.8650 psychological mark at the start of the American session.
New
update2025.08.19 21:31

US Treasury's Bessent: Fed rate cut could facilitate a pickup in home building

United States (US) Treasury Secretary Scott Bessent said on Tuesday that a rate cut by the Federal Reserve (Fed) could facilitate a pickup in home building and keep prices down for one to two years down the road, per Reuters.
New
update2025.08.19 21:16

Gold consolidates amid easing yields, soft US Dollar and geopolitical caution

Gold (XAU/USD) is trading with a steady bias on Tuesday, recovering modestly from an overnight dip as investors digest Monday's White House summit between US President Donald Trump, Ukrainian President Volodymyr Zelenskyy, and key European leaders.
New
update2025.08.19 21:03

JPY range bound ahead of key data - Scotiabank

The Japanese Yen is up modestly against the US Dollar (USD) and a mid-performer among the G10 as we head into Tuesday's NA session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
update2025.08.19 20:35

GBP quiet despite continued support from fundamentals - Scotiabank

The Pound Sterling (GBP) is entering Tuesday's NA session with a modest 0.1% gain, lagging its European currency peers while slightly outperforming growth-sensitive commodity peers CAD and AUD, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
update2025.08.19 20:33

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