Spot gold in India rises 0.5% as USD/INR adjustments lift domestic rates above Friday’s close.
Gold prices in India advanced to INR 12,718.67 per gram on Monday, up from INR 12,653.13 on Friday. The increase reflects daily adjustments based on international USD/INR rates and local measurement units.
Prices per tola also rose to INR 148,349.40 from INR 147,583.70, tracking global market movements. FXStreet compiles the data, noting local rates may vary slightly from reference values.
Central banks globally added 1,136 tonnes of gold worth $70 billion to reserves in 2022, the highest annual purchase on record, underscoring persistent demand for the safe-haven asset.