Spot gold in India rises 0.38% day-over-day as USD/INR adjustments lift domestic rates, FXStreet data shows.
Gold prices in India advanced to INR 13,394.54 per gram on Wednesday, up from INR 13,343.30 the previous session. The increase reflects a 0.38% gain driven by local currency adjustments to international dollar-denominated rates.
Prices are calculated daily using USD/INR exchange rates and adapted to Indian measurement units. The prior day’s rate stood at INR 155,633.60 per tola, now at INR 156,230.40. FXStreet notes local market rates may vary slightly from reference prices.
Central banks globally added 1,136 tonnes of gold worth $70 billion to reserves in 2022, underscoring persistent demand for the safe-haven asset amid economic uncertainty.