{
  "id": 12565266,
  "title": "India Gold price today: Gold falls, according to FXStreet data",
  "url": "https://urgent.news/2026/10/07/india-gold-price-today-gold-falls-according-to-fxstreet-data",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-07T04:35:31.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/india-gold-price-today-gold-falls-according-to-fxstreet-data-202610070435"
  },
  "original_language": "en",
  "account": "India witnessed a decline in gold prices on Wednesday, as per data from FXStreet. The rate for gold hit 12,832.10 Indian Rupees (INR) per gram, a drop from the previous day's INR 12,902.74. The price per tola decreased to INR 149,671.10 from INR 150,495.00. FXStreet evaluates gold prices in India by converting global prices (USD/INR) into the domestic currency and adjusting units. The information is for reference purposes only and may not reflect exact local rates. Gold has been a valuable asset throughout history, utilized as a store of value and medium of exchange. Today, it is considered a safe-haven investment during times of uncertainty. Gold is also perceived as a hedge against inflation and currency devaluation, as it is not tied to a specific issuer or government. Central banks hold the majority of gold reserves and often increase them during economic turbulence to strengthen their economies and currencies. In 2022, central banks from emerging economies like China, India, and Turkey expanded their gold holdings by 1,136 tonnes, or around $70 billion, according to the World Gold Council. Gold has an inverse relationship with the US Dollar and US Treasuries, both of which are significant reserve and safe-haven assets. When the US Dollar weakens, gold prices typically rise, allowing investors and central banks to diversify their assets during turbulent times. Gold is also inversely correlated with risk assets, meaning that a stock market rally usually leads to a decline in gold prices, while a sell-off in riskier markets often benefits the precious metal. Several factors influence gold prices, including geopolitical tensions, recession fears, lower interest rates, and the strength of the US Dollar. As traders await the Federal Open Market Committee (FOMC) Minutes for further guidance, gold maintains its position near a two-month low around $4,100.",
  "summary": "Gold prices fell in India on Wednesday, according to data compiled by FXStreet.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}