Gold prices in India slipped on Thursday, according to fresh data compiled by FXStreet, marking a downward movement across major units of measurement including grams, tolas, and troy ounces.
As of the latest update, gold was trading at ₹11,554.31 per gram, a decline from ₹11,620.82 recorded on Wednesday. This drop in per-gram pricing extended to other commonly used measurement units as well.
The price of gold per tola—a unit widely used in South Asia—also decreased, falling to ₹134,767.20 from ₹135,543.00 a day earlier. Meanwhile, the price per troy ounce settled at ₹359,379.10, reflecting the same downward market trend.
Updated Gold Prices in India (INR)
| Unit | Price (INR) |
|---|---|
| 1 gram | 11,554.31 |
| 10 grams | 115,510.60 |
| 1 tola | 134,767.20 |
| 1 troy ounce | 359,379.10 |
FXStreet calculates India’s gold prices by adjusting international gold market rates to the USD/INR exchange rate, then converting them into standard Indian measurement units. This means that price fluctuations are influenced not only by global gold demand and international spot prices but also by daily movements in the rupee against the US dollar.
The platform updates gold prices daily based on market conditions at the time of publication. However, FXStreet notes that these prices serve as reference values. Actual rates offered by local jewellers, bullion traders, and regional markets may vary slightly depending on factors such as local taxes, making charges, purity standards, and supply-demand trends.
Gold has historically remained one of India’s most important investment and cultural assets, with demand typically rising during festival seasons, weddings, and periods of financial uncertainty. Accordingly, even small changes in the per-gram rate are closely monitored by both investors and consumers who may be planning major purchases.
The recent decline reflects broader global trends affecting precious metals, including shifts in investor sentiment, changes in US Treasury yields, and expectations surrounding central bank policies. Movements in the rupee against the US dollar also continue to play a significant role in shaping domestic gold prices.
As markets remain sensitive to global economic indicators, analysts expect continued fluctuations in India’s gold prices in the coming days. For now, consumers may find the latest dip favorable for short-term buying, though long-term trends will depend on international market stability and currency performance.
