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

Source Fxstreet

Gold prices remained broadly unchanged in India on Tuesday, according to data compiled by FXStreet.

The price for Gold stood at 7,132.78 Indian Rupees (INR) per gram, broadly stable compared with the INR 7,132.62 it cost on Monday.

The price for Gold was broadly steady at INR 83,195.30 per tola from INR 83,193.42 per tola a day earlier.

Unit measure Gold Price in INR
1 Gram 7,132.78
10 Grams 71,327.77
Tola 83,195.30
Troy Ounce 221,854.30

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.)

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Gold Price Forecast: XAU/USD gains momentum to near $3,650, eyes on US CPI releaseThe Gold price (XAU/USD) gains momentum to near $3,645 during the early Asian session on Thursday.
Author  FXStreet
Sep 11, Thu
The Gold price (XAU/USD) gains momentum to near $3,645 during the early Asian session on Thursday.
placeholder
What to expect from Ethereum in October 2025With broader sentiment worsening, user demand falling across the Ethereum network, and institutional investors pulling back, the coin faces mounting headwinds in October.
Author  Beincrypto
Sep 30, Tue
With broader sentiment worsening, user demand falling across the Ethereum network, and institutional investors pulling back, the coin faces mounting headwinds in October.
placeholder
Gold hits fresh all-time high on US-China trade tensions and Fed rate cut betsGold (XAU/USD) attracts some follow-through buying for the second straight day and climbs to a fresh all-time peak, around the $4,059-4,060 region during the Asian session on Monday.
Author  FXStreet
Yesterday 05: 37
Gold (XAU/USD) attracts some follow-through buying for the second straight day and climbs to a fresh all-time peak, around the $4,059-4,060 region during the Asian session on Monday.
placeholder
Bitcoin Price Forecast: BTC steadies around $115,000 after rollercoaster weekendInstitutional demand remained strong as ETFs recorded $2.7 billion in weekly inflows and barely moved on Friday despite the crash.
Author  FXStreet
22 hours ago
Institutional demand remained strong as ETFs recorded $2.7 billion in weekly inflows and barely moved on Friday despite the crash.
placeholder
Silver Price edges higher to all-time high above $52.50 as short squeeze deepensSilver price (XAG/USD) attracts some buyers to near $52.60 during the early Asian session on Tuesday.
Author  FXStreet
7 hours ago
Silver price (XAG/USD) attracts some buyers to near $52.60 during the early Asian session on Tuesday.
Related Instrument
goTop
quote