Gold prices fell in India on Thursday, according to data compiled by FXStreet.
The price for Gold stood at 6,219.88 India n Rupees per gram, down compared with the INR 6,244.83 it cost on Wednesday. The price for Gold decreased to INR 72,544.30 per tola from INR 72,838.46 per tola a day earlier. Unit measure Gold Price in INR 1 Gram 6,219.88 10 Grams 62,196.09 Tola 72,544.30 Troy Ounce 193,457.40 FXStreet calculates Gold prices in India by adapting international prices to the local currency and measurement units.
Thursday's US macro data could produce short-term trading opportunities later during the early North American session ahead of the Bank of Japan policy decision on Friday, which could infuse volatility in the market. 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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