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India gold price rises on Monday, FXStreet data shows

ITF Team1 min read
India gold price rises on Monday, FXStreet data shows
Photo: Global_Intergold / Pixabay

Gold in India climbed to INR 11,909.58 per gram on Monday, up from INR 11,825.19 on Friday, according to FXStreet’s local calculations.

Gold prices in India edged higher on Monday, with the FXStreet data indicating the metal traded at INR 11,909.58 per gram, a rise from INR 11,825.19 recorded on Friday. The tola price also moved up, reaching INR 138,910.20 from INR 137,926.70 the previous day.

How the price is calculated

  • FXStreet converts international spot rates (USD/INR) into local rupee terms
  • Measurements are expressed in grams and tola, the traditional Indian units
  • Rates are refreshed daily based on market quotes at publication time

Factors behind the move

  • A weaker US dollar typically supports higher gold prices, as the metal is priced in dollars
  • Lower global interest‑rate expectations boost the safe‑haven appeal of gold
  • Geopolitical tensions or recession fears can also lift demand for the metal

What traders are watching

  • US dollar strength and any surprise moves in the Fed policy outlook
  • Domestic rupee volatility that could affect INR‑denominated gold rates
  • Upcoming data on inflation and global oil prices that may influence risk sentiment

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This article is compiled from international market news for information only. It is not investment advice.

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