{
  "id": 2940908,
  "title": "India Gold price today: Gold rises, according to FXStreet data",
  "url": "https://urgent.news/2026/08/24/india-gold-price-today-gold-rises-according-to-fxstreet-data",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-24T04:36:17.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/india-gold-price-today-gold-rises-according-to-fxstreet-data-202608240436"
  },
  "original_language": "en",
  "account": "Gold prices surged in India on Monday, according to data sourced from FXStreet. The price of Gold rose to INR 14,267.46 per gram, marking an increase from INR 14,160.54 on Friday. To put this into perspective, the price climbed to INR 166,411.60 per tola, up from INR 165,165.70 per tola on Friday. FXStreet calculates Gold prices by converting international rates (USD/INR) to the local currency and units, updating the information daily based on market rates at the time of publication. While Gold has historically been a valuable store of value and medium of exchange, it is increasingly recognized as a safe-haven asset during turbulent times, offering protection against inflation and currency devaluation. Central banks, seeking to bolster their currencies, often increase their Gold reserves during such periods. In 2022, central banks added a record-high 1,136 tonnes of Gold, worth approximately $70 billion, to their reserves. Gold has an inverse relationship with the US Dollar and US Treasuries, both major safe-haven assets, meaning it tends to rise when these currencies depreciate. Additionally, Gold moves inversely to risk assets, as stock market rallies tend to weaken Gold prices. Factors such as geopolitical tensions, recession fears, and interest rate fluctuations can significantly influence Gold prices, which are priced in US Dollars (XAU/USD). A weaker US Dollar usually drives up Gold prices, while a stronger Dollar keeps Gold prices under control.",
  "summary": "Gold prices rose in India on Monday, according to data compiled by FXStreet.",
  "key_points": [
    "Gold prices rose to INR 14,267.46 per gram in India on Monday",
    "This increase from INR 14,160.54 per gram on Friday",
    "FXStreet calculates prices by converting international rates to local currency"
  ],
  "editors_take": "The rise in gold prices in India underscores its role as a safe-haven asset during turbulent times, offering protection against inflation and currency devaluation, which central banks also seek to counter by increasing gold reserves.",
  "illustration": null,
  "coverage": {
    "outlets": 8,
    "also_reported_by": [
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Gold hits over 3-month high ahead of US inflation data and Fed chair speech",
        "url": "https://urgent.news/2026/08/24/gold-hits-over-3-month-high-ahead-of-us-inflation-data-and-fed-chair",
        "published": "2026-08-24T00:39:39.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Gold hits over 3-month high ahead of US inflation data, Fed chair speech",
        "url": "https://urgent.news/2026/08/24/gold-hits-over-3-month-high-ahead-of-us-inflation-data-fed-chair",
        "published": "2026-08-24T03:00:45.000Z"
      },
      {
        "outlet": "Ajel English",
        "title": "Gold hits three-month high as investors await US inflation data",
        "url": "https://urgent.news/2026/08/24/gold-hits-three-month-high-as-investors-await-us-inflation-data",
        "published": "2026-08-24T03:33:18.000Z"
      },
      {
        "outlet": "Hindu BusinessLine",
        "title": "Gold hits over 3-month high ahead of US inflation data, Fed chair speech",
        "url": "https://urgent.news/2026/08/24/gold-hits-over-3-month-high-ahead-of-us-inflation-data-fed-chair-2934259",
        "published": "2026-08-24T03:39:42.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Gold hits over 3-month high ahead of US inflation data, Fed chair speech",
        "url": "https://urgent.news/2026/08/24/gold-hits-over-3-month-high-ahead-of-us-inflation-data-fed-chair-2953420",
        "published": "2026-08-24T05:43:12.000Z"
      },
      {
        "outlet": "Business Standard IN",
        "title": "Gold hits over 3-month high ahead of US inflation data, Fed chair speech",
        "url": "https://urgent.news/2026/08/24/gold-hits-over-3-month-high-ahead-of-us-inflation-data-fed-chair-2971493",
        "published": "2026-08-24T07:15:37.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "Gold hits over 3-month high ahead of US inflation data, Fed chair speech",
        "url": "https://urgent.news/2026/08/24/gold-hits-over-3-month-high-ahead-of-us-inflation-data-fed-chair-2980894",
        "published": "2026-08-24T08:09:12.000Z"
      }
    ]
  },
  "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."
}