Gold prices in India decline as FXStreet data shows a fall to INR 14,347 per gram amid adjusted USD/INR rates.
Gold prices in India fell to INR 14,347.09 per gram on Monday, down from INR 14,477.50 on Friday. The decline reflects adjustments based on international USD/INR rates and local market conditions.
Prices per tola also decreased to INR 167,343.90 from INR 168,862.70. FXStreet updates these figures daily using market rates at publication time, though local prices may vary slightly.
Gold remains a key safe-haven asset and hedge against inflation, with central banks adding 1,136 tonnes worth $70 billion to reserves in 2022.