Gold prices in India show minimal change, reflecting stable USD/INR rates and consistent demand for the safe-haven asset.
Gold prices in India remained nearly unchanged on Thursday, trading at INR 12,809.96 per gram, a slight dip from INR 12,820.56 the previous day. The price per tola also saw marginal stability, settling at INR 149,412.40 compared to INR 149,536.50 on Wednesday.
Prices are derived from international gold rates adjusted for USD/INR exchange fluctuations and local measurement units. Daily updates reflect market rates at publication time, though local variations may occur.
Central banks globally added 1,136 tonnes of gold worth $70 billion to reserves in 2022, underscoring its role as a hedge against inflation and currency depreciation.