{
  "id": 115028,
  "title": "India Gold price today: Gold rises, according to FXStreet data",
  "url": "https://urgent.news/2026/08/04/india-gold-price-today-gold-rises-according-to-fxstreet-data",
  "topic": "world",
  "section": "World",
  "published": "2026-08-04T04:35:10.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/india-gold-price-today-gold-rises-according-to-fxstreet-data-202608040435"
  },
  "original_language": "en",
  "account": "On Tuesday, India experienced a rise in gold prices, according to FXStreet data. The price of gold per gram increased from INR 12,429.86 to INR 12,454.48, while the price per tola escalated from INR 144,979.40 to INR 145,266.70. FXStreet calculates these prices by converting international rates (USD/INR) to the local currency and units, offering daily updates based on market rates at publication. Gold has been a valuable asset throughout history, utilized for its durability, exchange value, and role as a safe-haven during unstable times. Today, it is also considered a hedge against inflation and currency depreciation, as it doesn't rely on a specific issuer or government. Central banks are the largest holders of gold, often diversifying reserves during economic turbulence to strengthen economies and currencies. In 2022, central banks added a record 1,136 tonnes of gold, equivalent to $70 billion, to their reserves, primarily emerging economies like China, India, and Turkey. Gold has an inverse relationship with the US Dollar and US Treasuries, meaning it tends to rise when the dollar depreciates. As a yield-less asset, gold is expected to increase during periods of low interest rates, while higher interest rates negatively impact its value. Most fluctuations in gold's price are influenced by the US Dollar's performance, as it is priced in dollars (XAU/USD). A stronger dollar typically keeps gold prices stable, while a weaker dollar pushes gold prices higher. During the early Asian session, the GBP/USD pair dipped near 1.3425 due to uncertainty surrounding US-Iran talks, driving traders towards safe-haven currencies like the US Dollar. Markets remain cautious ahead of the US July jobs report, which is expected later in the week.",
  "summary": "Gold prices rose in India on Tuesday, according to data compiled by FXStreet.",
  "key_points": [
    "Gold prices in India rose to INR 12,454.48 per gram on Tuesday.",
    "FXStreet calculates prices by converting international rates to local currency.",
    "Central banks hold the largest gold reserves, diversifying during economic turbulence."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "India Gold price today: Gold rises, according to FXStreet data",
        "url": "https://urgent.news/2026/08/05/india-gold-price-today-gold-rises-according-to-fxstreet-data",
        "published": "2026-08-05T04:35:09.000Z"
      },
      {
        "outlet": "Nikkei Asia",
        "title": "Temasek-backed Manipal Health rises in India market debut after $973m IPO",
        "url": "https://urgent.news/2026/08/05/temasek-backed-manipal-health-rises-in-india-market-debut-after-973m",
        "published": "2026-08-05T05:25:59.000Z"
      },
      {
        "outlet": "Hindu BusinessLine",
        "title": "Gold heads for biggest weekly gain since January ahead of US jobs data",
        "url": "https://urgent.news/2026/08/07/gold-heads-for-biggest-weekly-gain-since-january-ahead-of-us-jobs-data",
        "published": "2026-08-07T02:55:34.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}