Gold prices fell in India on Tuesday, according to data collected by FXSTERET.
The price of gold stood at 9,241.68 Indian rupees (INR) per gram, below 9,292.74 INR that cost Monday.
The price of gold decreased to 107,793.10 INR per tola from 108,388.70 INR per tola from the previous day.
| Unit of measure | Gold Price in INR |
|---|---|
| 1 gram | 9,241.68 |
| 10 grams | 92,416.80 |
| Tola | 107,793.10 |
| Troy ounce | 287,447.70 |
Daily Gold Market Movements: Precious metal shoots while the dollar collapses
The price of gold shoots while the US dollar sinks. The US dollar index (DXY), which follows the value of the dollar against a basket of six currencies, falls 0.72% to 98.71.
The yields of the US Treasury bonds are increasing, with the performance of the 10 -year Treasury note up almost six basic points to 4,458%. The real US yields have also followed this trend and are increasing by six basic points to 2,118%.
The ISM manufacturing PMI rose to 48.5, going down from April 48.7, reaching its lowest reading since November. The price index remained in expansion territory, registering 69.4 percent, while the employment rate stood in contraction territory but improved 46.5 to 46.8.
The Global S&P manufacturing PME remained in expansion territory, although it fell in May from April 52.3 to 52.
After the publication of the data, the preliminary reading of the economic growth of the GDPnow of the Atlanta Fed for the second quarter of 2025 increased drastically from 3.8% to 4.6%.
Monetary markets suggest that operators are discounting 51 basic flexibility points towards the end of the year, according to Prime Market Terminal data.
FXSTERET calculates gold prices in India adapting international prices (USD/INR) to the local currency and units of measure. Prices are updated daily according to market rates taken at the time of publication. Prices are only reference and local rates could diverge slightly.
(An automation tool was used to create this publication.)
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
