Local gold prices in India rise on Tuesday, tracking higher international rates and USD/INR movements.
Gold prices in India increased to INR 13,185.22 per gram on Tuesday, up from INR 13,141.64 the previous day. The price per tola also rose to INR 153,788.40 from INR 153,281.50.
The gains reflect adjustments to international gold prices and USD/INR exchange rates. Prices are updated daily based on market rates at publication time and serve as a reference for local transactions.
Central banks globally added 1,136 tonnes of gold worth $70 billion to reserves in 2022, underscoring demand for the metal as a safe-haven asset.