The gold price in India experienced a noticeable increase on Tuesday, May 6, 2025, rising to 9,110.84 INR per gram, up from 9,044.06 INR the day before. This represents a daily gain of about 0.74%, highlighting the appeal of the precious metal as a hedge against crises.
Price Details and Unit Conversion
- Gram Price: 9,110.84 INR
- Tola Price (traditional unit): 106,267.00 INR per Tola (11.66 grams)
- 10-Gram Bar: 91,108.92 INR
Context for German-speaking Investors
Gold globally serves as a safe-haven asset during market volatility or geopolitical tensions. The current rise in Indian prices may indicate the following factors:
- Local Demand: Seasonal purchases during festivals or weddings in India, the world’s second-largest gold market
- Currency Fluctuations: Exchange rate effects between INR and USD/EUR
- Global Trends: Parallel developments to international spot prices (e.g., XAU/USD)
For investors in the DACH region, it is relevant: India’s gold market often influences global trade flows – higher physical demand there can also indirectly affect European stockpiles or futures contracts.
The causes mentioned are general market mechanisms; specific triggers for this increase are not detailed in the sources.