Gold prices fell in India on Monday, according to data compiled by FXStreet.
The price for Gold stood at 12,319.05 Indian Rupees (INR) per gram, down compared with the INR 12,401.28 it cost on Friday
The price for Gold decreased to INR 143,687.00 per tola from INR 144,646.10 per tola on friday. 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.