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Home Gold Prices Gold Prices in India Drop Amid Global Trends (July 8)

Gold Prices in India Drop Amid Global Trends (July 8)

by anna

Gold prices in India experienced a decline on Monday, with the cost per gram falling to 6,401.34 Indian Rupees (INR), down from 6,418.03 INR on Friday. Similarly, the price per tola decreased to 74,661.48 INR from 74,858.68 INR at the end of last week.

Current Gold Prices in India:

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Unit Measure Gold Price in INR
1 Gram 6,401.34
10 Grams 64,011.00
1 Tola 74,661.48
1 Troy Ounce 199,104.10

The drop in gold prices reflects a broader trend influenced by a modest rebound in the US Dollar and the ongoing pause in gold purchases by the Chinese central bank. These global factors are contributing to the slight reduction in gold prices domestically.

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