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Commodities

Gold Price in India Declines on July 24 Amidst Global Market Volatility

Guavy AI Editorial Team
Instruments
Gold
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Gold prices in India declined on July 24, according to data compiled by FXStreet. The price per gram dropped to 12,504.78 Indian Rupees (INR), down from Thursday's INR 12,566.10. The decrease also extended to the tola measurement, which fell to INR 145,853.30 from INR 146,568.50 a day earlier.

The price movement can be attributed to various factors, including geopolitical instability and changes in interest rates. Gold's safe-haven status and inverse correlation with the US Dollar also play a significant role in determining its price.

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