Track gold and silver in INR
Short answer: metal is priced in US dollars per troy ounce. To see it in the Indian rupee (INR), multiply by the exchange rate; to see it per gram, divide the ounce price by 31.1035. BullionKeeper does both for every holding.
How it works in India
Gold in India is commonly quoted per 10 grams, and many buyers also think in tolas, so converting from a per-ounce price matters.
A worked example
Spot: 2,000 US dollars per troy ounce (round number)
Illustrative rate: 1 USD = 80 INR
Price per ounce: 2,000 × 80 = 160,000.00 INR
Price per gram: 160,000.00 ÷ 31.1035 = 5,144.12 INR
For other prices, use the price per gram calculator.
Why the exchange rate matters to your gain
If you pay in INR, your value moves with both the metal price and the exchange rate. A flat metal price can still change your INR value if the currency moves, so record what you paid in INR and track your gain in the same currency. See how exchange rates affect bullion purchases.
Questions
How do I convert a per-ounce price to a price per 10 grams?+
Divide the rupee price per troy ounce by 31.1035 to get the price per gram, then multiply by 10.
Can BullionKeeper show my holdings in INR?+
Yes. Spot prices are available in more than 50 currencies including the Indian rupee, so your portfolio value, cost and gain can be shown in INR.
Are the example numbers real prices?+
No. They use a round price of 2,000 US dollars per ounce and an illustrative exchange rate, to show the arithmetic only.