Gold price in India: Rates on June 17

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Gold price in India: Rates on June 17
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Gold prices fell in India on Monday, according to data compiled by FXStreet.

The price for Gold stood at 6,228.65 India n Rupees per gram, down compared with the INR 6,265.07 it cost on Friday. The price for Gold decreased to INR 72,649.75 per tola from INR 73,074.51 per tola a day earlier. Unit measure Gold Price in INR 1 Gram 6,228.65 10 Grams 62,286.50 Tola 72,649.75 Troy Ounce 193,733.60 FXStreet calculates Gold prices in India by adapting international prices to the local currency and measurement units.

This raises doubts about the Fed's rate-cut path, which might cap any meaningful appreciating move for the buck and lend some support to the XAU/USD amid geopolitical risks and political uncertainty. 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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