Gold prices in India edged higher early Tuesday, tracking gains in international markets, particularly the Comex exchange. The uptick reflects heightened investor demand for the safe-haven asset amid growing global economic uncertainty.
Market sentiment remains cautious due to renewed concerns over former US President Donald Trump’s tariff strategies, which have stirred fresh volatility across financial markets. At the same time, expectations of substantial monetary easing from the US Federal Reserve—estimated at around 85 basis points for the year—are supporting a bullish outlook for gold, which traditionally benefits from lower interest rates due to its non-yielding nature.
Gold prices in India stood at ₹8,883.76 per gram on Tuesday morning, up from ₹8,845.58 per gram at Monday’s close. On a broader scale, the price per tola rose to ₹103,618.50 compared to ₹103,173.10 the previous day.
Here’s a quick snapshot of the latest gold rates in India:
| Unit | Price (INR) |
|---|---|
| 1 Gram | ₹8,883.76 |
| 10 Grams | ₹88,847.37 |
| 1 Tola | ₹103,618.50 |
| 1 Troy Ounce | ₹276,316.10 |
With geopolitical tensions and monetary policy speculation dominating headlines, analysts anticipate continued strength in gold prices as investors seek stability in uncertain times.
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