Local gold prices in India rise amid adjusted USD/INR rates, reflecting daily market updates and demand trends.
Gold prices in India increased on Monday, reaching INR 13,495 per gram, up from INR 13,455.97 on Friday. The price per tola also rose to INR 157,403 from INR 156,947.80 over the same period.
Prices are derived from international gold rates adjusted for USD/INR exchange rates and local measurement units. Daily updates reflect market conditions at publication time, though local rates may vary slightly.
Gold remains a key safe-haven asset and hedge against inflation, with central banks significantly increasing reserves in 2022. The World Gold Council reported a record addition of 1,136 tonnes worth $70 billion last year.