{
  "id": 16154432,
  "title": "India Gold price today: Gold falls, according to FXStreet data",
  "url": "https://urgent.news/2026/10/23/india-gold-price-today-gold-falls-according-to-fxstreet-data",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-23T04:38:20.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/india-gold-price-today-gold-falls-according-to-fxstreet-data-202610230438"
  },
  "original_language": "en",
  "account": "Gold prices experienced a decline in India on Friday, according to data from FXStreet. The price for Gold reached 12,225.43 INR per gram, a decrease from the previous day's INR 12,280.85 per gram. Gold prices are measured in INR and translated from international prices using USD/INR exchange rates and local units. The price for Gold per tola in India fell from INR 143,241.50 to INR 142,615.30. FXStreet calculates these prices by adapting global rates to the local market. Gold has historically served as a store of value and medium of exchange, and in recent times, it has also been considered a safe-haven asset. Central banks are significant buyers of Gold to support their currencies during unstable periods. In 2022, central banks added 1,136 tonnes of Gold, the largest yearly purchase since records began. Gold often moves inversely with the US Dollar and US Treasuries, which are both sought-after safe-haven assets. When the Dollar weakens, Gold prices tend to increase. Gold is also inversely related to risk assets, with stock market declines typically boosting Gold prices. Factors such as geopolitical tensions, economic uncertainty, and interest rate changes can influence Gold prices. The USD's strength or weakness significantly impacts Gold prices, as the asset is priced in US Dollars.",
  "summary": "Gold prices fell in India on Friday, 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."
}