News & AnalysisCareer
Trading
Explore a wide range of markets with competitive pricing, deep liquidity, and advanced trading tools.
Learn More 
Platform
Trade seamlessly with TMGM's powerful platform, built for speed, precision, and a superior trading experience.
Learn More Trading Platform
Trading Tools
Academy
Learn the fundamentals of trading with beginner-friendly resources, including guides, webinars, and market insights.
Learn More News & Analysis
Get real-time market updates and expert analysis to stay ahead of trading opportunities
Learn More News & Analysis
About
Learn what sets TMGM apart — our global presence, regulatory strength, and commitment to innovation in trading.
Learn More Why Choose TMGM
Sponsorship
India Gold price today: FXStreet data shows Gold prices rising
Data compiled by FXStreet showed that gold prices in India moved higher on Monday.
At 12,465.12 Indian rupees (INR) per gram, gold was up from Friday’s price of INR 12,276.33.
Per tola, gold advanced from INR 143,188.70 on Friday to INR 145,391.10.
Measurement unit | Gold Price (INR) |
|---|---|
1 gram | 12,465.12 |
10 grams | 124,651.60 |
Tola | 145,391.10 |
Troy ounce | 387,706.20 |
To calculate gold prices in India, FXStreet converts international prices into the local currency using USD/INR and adjusts them to local measurement units. Daily updates use market rates recorded at the time of publication. Prices are just for reference and local rates could diverge slightly.
Gold Explained
Throughout human history, gold has been important both as a widely used store of value and as a medium of exchange. Beyond its lustre and use in jewellery, the precious metal is now widely regarded as a safe-haven asset: an investment considered attractive during periods of turbulence. Because it is not dependent on any particular issuer or government, gold is also widely viewed as a hedge against inflation and currency depreciation.
The largest holders of gold are central banks. To underpin their currencies during turbulent periods, they tend to buy gold and diversify their reserves, bolstering perceptions of economic and currency strength. Substantial gold reserves can reinforce confidence in a country’s solvency. According to World Gold Council data, central banks increased their reserves by 1,136 tonnes of gold in 2022, worth around $70 billion. No higher annual purchase has been recorded since records began. Emerging-economy central banks, including those of China, India and Turkey, are rapidly building up their gold reserves.
Both the US Dollar and US Treasuries are major reserve and safe-haven assets, and gold is inversely correlated with them. A weaker Dollar tends to coincide with rising gold prices, allowing investors and central banks to diversify their holdings during turbulent periods. Risk assets also have an inverse correlation with gold. While stock market rallies tend to put pressure on the gold price, sell-offs in riskier markets generally support the precious metal.
A broad range of influences can drive movements in gold prices. Its safe-haven status means that geopolitical instability or concerns about a deep recession can trigger rapid gains. Gold pays no yield, so lower interest rates tend to support it, whereas a higher cost of borrowing usually puts pressure on the precious metal. Nevertheless, because gold is priced in dollars (XAU/USD), most price movements depend on the performance of the US Dollar (USD). Dollar strength tends to restrain gold prices; a weaker Dollar, by contrast, is likely to lift them.
(This post was created with the assistance of an automation tool.)
POPULAR ARTICLES
1India Gold price today: FXStreet data shows Gold prices rising2Cardano Price Forecast: Bears gain the upper hand as losing streak reaches five weeks3Qatar's Prime Minister will meet US President Donald Trump on Monday4United States Dollar Index Stays Under Pressure as Falling Oil Prices Temper Inflation5Zcash Price Forecast: ZEC recovery falters under ETF selling pressure6Top 3 Price Predictions: Bitcoin, Ethereum, Ripple – Next support lies at BTC $70,000, ETH around $2,000 and XRP near $1 as bears retain control7Silver Price Forecast: Lower oil eases inflation pressure as XAG/USD climbs to near $53.008China to keep 24% US tariffs suspended for a further two months from 10 November9Canadian Dollar advances even as oil prices fall
Connect With Us
The information provided on this website is of a general nature only and does not constitute personal financial advice. Before acting on any information on this website, you should consider the suitability of the information in relation to your objectives, financial situation and needs. Investing in CFDs and FX Margin Contracts carries significant risks and is not suitable for all investors. You may lose more than your initial deposit. You do not own, or have, any interest in the underlying asset. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. It is important that you read and consider the disclosure document before you acquire any product listed on the website. The information and advertisements offered on this website are not intended for use by any person in any country or jurisdiction where such use would be contrary to local laws and regulations. The Products and Services offered on this website are not intended for residents of the United States, Malaysia and Thailand.
TMGM is authorized and regulated in various jurisdictions.
Trademax Australia Limited, trading as TMGM, is regulated by the Australian Securities and Investments Commission (ASIC), AFSL no. 436416 and is located at Level 28, One International Tower, 100 Barangaroo Avenue, 2000 Sydney, NSW Australia.
Email: support@tmgm.com.au
Trademax Global Limited, trading as TMGM, is authorized and regulated by the Vanuatu Financial Services Commission (VFSC), registration number 40356 and registered at 1276, Kumul Highway, Port Vila, Vanuatu, Republic of Vanuatu.
Email: support@tmgm.com
Trademax Global Markets (SE) Limited, trading as TMGM, is authorized and regulated by the Financial Services Authority (FSA) of Seychelles, with license number SD224. The company is registered at Office No 13, Providence Estate ABIS Centre, Mahe, Seychelles.
Email: support@tmgm.com
Trademax Global Markets (International) Pty Ltd, trading as TMGM, is authorized and regulated by the Financial Services Commission, Mauritius (FSC) with license no. GB22201012, and registered at 33, Edith Cavell Street C/o IQ EQ Fund Services (Mauritius) Ltd Port Louis, 11324 Mauritius.
Email: support@tmgm.com
Copyright © TMGM. All rights reserved