Spot gold in India rises 0.67% day-over-day as USD/INR adjustments lift domestic rates, FXStreet data shows.
Gold prices in India advanced to INR 13,493.33 per gram on Wednesday, a 0.67% increase from Tuesday’s INR 13,402.99. The tola price reached INR 157,382.80, up from INR 156,329.80 the previous day.
FXStreet derives local gold rates by converting international USD prices using the USD/INR exchange rate and adjusting for measurement units. Prices are updated daily based on market rates at publication time but may vary slightly across local dealers.
Central banks globally added 1,136 tonnes of gold worth $70 billion to reserves in 2022, reflecting ongoing demand for the metal as a safe-haven asset and inflation hedge.