Gold prices rose in India on Thursday, according to data compiled by FXStreet.
The price for Gold stood at 6,294.29 India n Rupees per gram, up compared with the INR 6,257.45 it cost on Wednesday. The price for Gold increased to INR 73,415.39 per tola from INR 72,985.62 per tola a day earlier. Unit measure Gold Price in INR 1 Gram 6,294.29 10 Grams 62,942.92 Tola 73,415.39 Troy Ounce 195,776.20 FXStreet calculates Gold prices in India by adapting international prices to the local currency and measurement units.
Traders will further take cues from the US economic docket, featuring the release of the usual Weekly Initial Jobless Claims, Philly Fed Manufacturing Index, Building Permits and Housing Starts. 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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