Gold prices rose in India on Friday, according to data compiled by FXStreet.
The price for Gold stood at 6,210.30 India n Rupees per gram, up compared with the INR 6,188.94 it cost on Thursday. The price for Gold increased to INR 72,433.20 per tola from INR 72,186.63 per tola a day earlier. Unit measure Gold Price in INR 1 Gram 6,210.30 10 Grams 62,102.18 Tola 72,433.20 Troy Ounce 193,172.00 FXStreet calculates Gold prices in India by adapting international prices to the local currency and measurement units.
Investors now look to the Preliminary release of the Michigan US Consumer Sentiment Index, which could influence the USD price dynamics and produce short-term trading opportunities on the last day of the week. Gold FAQs Why do people invest in Gold? Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange.
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