{
  "id": 17185401,
  "title": "India Gold price today: Gold falls, according to FXStreet data",
  "url": "https://urgent.news/2026/10/30/india-gold-price-today-gold-falls-according-to-fxstreet-data",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-30T04:35:39.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/india-gold-price-today-gold-falls-according-to-fxstreet-data-202610300435"
  },
  "original_language": "en",
  "account": "Gold prices declined on Friday in India, according to FXStreet data. The price for Gold was recorded at 12,227.85 Indian Rupees (INR) per gram, a reduction from the 12,314.31 INR per gram it had cost on Thursday. To put this into perspective, the price per tola fell to INR 142,623.30 from INR 143,631.70 the previous day.\n\nFXStreet calculates Gold prices in India by adjusting international prices (USD/INR) to the local currency and measurement units, updating daily based on the prevailing market rates. Prices are provided for reference purposes only, as local rates may vary slightly. Historically, Gold has been a valuable asset, serving as a store of value and medium of exchange for centuries. In addition to its aesthetic appeal, the precious metal is often regarded as a safe-haven investment during times of economic turmoil.\n\nCentral banks are the largest holders of Gold, diversifying their reserves to bolster their currencies in turbulent times. In 2022, central banks added a significant 1,136 tonnes of Gold worth approximately $70 billion to their reserves, marking the highest purchase year since records began. Emerging economies like China, India, and Turkey are rapidly expanding their Gold reserves.\n\nGold's value is inversely correlated with the US Dollar and US Treasuries, both of which are major reserve and safe-haven assets. When the Dollar depreciates, Gold tends to rise, enabling investors and central banks to diversify their assets during uncertain times. Gold also exhibits an inverse relationship with risk assets, with a stock market rally typically leading to a decline in Gold prices, while sell-offs in riskier markets often favor the precious metal.\n\nVarious factors can influence Gold prices, including geopolitical instability, fears of a deep recession, lower interest rates, higher costs of money, and the behavior of the US Dollar (USD), as Gold is priced in dollars (XAU/USD). A strong Dollar generally keeps Gold prices in check, while a weaker Dollar tends to push Gold prices higher.",
  "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."
}