Gold price in Indian Rupee (INR) per gram today

The spot price of gold is the current market price at which gold can be bought or sold for immediate delivery. It represents the real-time value of one troy ounce of gold in the global commodities market. Spot prices change continuously during trading hours based on supply and demand dynamics.

Gold prices fluctuate due to several factors including economic uncertainty, inflation rates, currency strength (especially the US dollar), central bank policies, geopolitical events, and market demand from jewelry, industrial use, and investment purposes. Gold is often seen as a safe-haven asset, so its price typically rises during times of economic or political instability.

Our platform updates gold prices every minute, providing near-real-time data for accurate tracking. The global gold market operates 24/5, with prices changing continuously during trading hours. Major price movements often occur during London and New York trading sessions.

A troy ounce is the standard unit of measurement for precious metals, equal to 31.1035 grams. It differs from the standard avoirdupois ounce (28.35 grams) used for most other goods. The troy ounce has been the global standard for precious metals pricing since the 16th century.

One gram of gold costs the troy-ounce spot price divided by 31.1035, since a troy ounce is 31.1035 grams. Switch the unit to grams above to see the live price per gram, in any supported currency. Coins and bars from dealers cost more than spot because of their premium.

It depends on what you want it to do. Gold has held its value over long periods and often rises when inflation, currency weakness or crises worry markets, but it pays no income and its price can fall for years at a time. Many investors hold a small share of their savings in gold to diversify. GoldTrack does not give investment advice; consider your own situation or a licensed adviser before you buy.

The primary factors affecting gold prices include: (1) US Dollar strength - gold typically moves inversely to the dollar; (2) Interest rates - lower rates make gold more attractive; (3) Inflation expectations - gold is an inflation hedge; (4) Geopolitical tensions - increases safe-haven demand; (5) Central bank policies and gold reserves; (6) ETF and investment demand; and (7) Jewelry and industrial demand, particularly from China and India.