Indian Gold Prices Dip as Central Banks Boost Reserves
Gold prices in India fell on Monday to INR 13,283.12 per gram and INR 154,929.40 per tola from Friday's rates of INR 13,340.14 per gram and INR 155,596.70 per tola, respectively.
FXStreet calculates Gold prices in India by adapting international prices (USD/INR) to the local currency and measurement units.
Central banks are major holders of Gold, with over $70 billion worth added to their reserves in 2022, according to the World Gold Council.