Gold prices rose in India on Thursday, according to data compiled by FXStreet.
The price for Gold stood at 6,349.30 India n Rupees per gram, up INR 28.10 compared with the INR 6,321.20 it cost on Wednesday. The price for Gold increased to INR 74,056.95 per tola from INR 73,729.23 per tola. Unit measure Gold Price in INR 1 Gram 6,349.30 10 Grams 63,492.97 Tola 74,056.95 Troy Ounce 197,485.30 FXStreet calculates Gold prices in India by adapting international prices to the local currency and measurement units.
Traders now look forward to the release of the Weekly Initial Jobless Claims data from the US for some impetus, though the focus will remain glued to the US monthly employment details, or the Nonfarm Payrolls on Friday. 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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