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      • In India, gold is not just a precious metal; it is a cultural symbol and an investment. Demand for gold jewellery, especially during festivals and weddings, can cause fluctuations in the gold rate. Similarly, supply disruptions or changes in import duties can affect local gold prices.
      www.businesstoday.in/impact-feature/story/top-5-factors-that-affect-gold-rate-in-india-400209-2023-09-29
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  2. Jul 29, 2024 · In summary, the increase in gold prices in India can be attributed to a combination of factors, including the ongoing conflict in the Israel-Hamas region, rising crude oil prices, and...

  3. Apr 2, 2024 · Between April and December, 2023, the price of gold was largely stable, at an average of Rs 63,000 per 10 grams. This resulted in strong demand, and imports rose 26.7 percent to $36 billion...

  4. Jan 23, 2024 · In India, where inflation rates can fluctuate markedly, gold can be a stable investment, and its prices can be a reflection of the current economic confidence. In conclusion, numerous...

  5. Apr 2, 2024 · Why are gold prices increasing in India? Here are some reasons for the increase in gold prices: Reason 1: Fall in Dollar Index. The relationship between the price of gold in India and the US Dollar Index (DXY) is often inverse, meaning that when one goes up, the other tends to go down, and vice versa. The Dollar Index has fallen in recent months.

  6. 5 days ago · Explore gold rate history in India. Learn about factors affecting gold prices, from economic indicators to events like COVID-19

  7. Aug 6, 2024 · Why Are Gold Prices Falling? Armaan Joshi. Editor. Updated: Aug 6, 2024, 6:21pm. Reviewed By. Aashika Jain. Editorial Note: Forbes Advisor may earn a commission on sales made from partner...

  8. 5,777. The price of gold in India today is ₹ 7,060 per gram for 22 karat gold and ₹ 7,702 per gram for 24 karat gold (also called 999 gold). Gold has over the years been a perfect hedge against...