Gold Rate Forecast / Prediction for Today, Tomorrow, Next Week, Months & Years 2024-25

Gold is considered a valuable asset that never goes out of trend. Here, you can find the Gold Rate Forecast or Prediction for today, tomorrow, this month, next month and the whole financial year 2024-25. You can also find the expected Gold rate for the next financial year. Be aware before investing in gold by checking the gold rate tomorrow and the gold rate prediction for this month.

Do you know that gold funds have given average returns of 26.84% over the past year? In the March quarter, Gold funds topped the charts with a whopping 11% return.

Today’s gold rates: 24-carat at ₹7,228 per gram, 22-carat at ₹6,626 per gram, and 18-carat at ₹5,421 per gram. Stay updated on daily gold price changes for the best buying opportunities.

Today 24 Carat Gold Price November 8, 2024

Today 22 Carat Gold Price November 8, 2024

Today 18 Carat Gold Price November 8, 2024

Gold Rate Forecast Today for 24 carat

Gold rate forecast today is ₹ 8,387 INR for 1 gram 24 carat gold with no change. The highest price for gold today is expected to be ₹ 8,405 while the lowest price for gold today could be ₹ 8,374.

Gold Rate Forecast Today for 22 carat

Gold rate forecast today is ₹ 7,597 INR for 1 gram 22 carat gold with no change. The highest price for gold today is expected to be ₹ 7,625 while the lowest price for gold today could be ₹ 7,578.

Gold Rate Prediction for Tomorrow of 24 carat

Gold rate predicted for tomorrow is ₹ 8,351 INR for 1 gram of 24 carat gold. The highest gold rate tomorrow is expected to reach ₹ 8,369, while the lowest gold rate tomorrow could be ₹ 8,335.

Gold Rate Prediction for Tomorrow of 22 carat

Gold rate predicted for tomorrow is ₹ 7,611 INR for 1 gram of 22 carat gold. The highest gold rate tomorrow is expected to reach ₹ 7,625, while the lowest gold rate tomorrow could be ₹ 7,583.

MCX Gold BUY/SELL Signal for Today

Gold Rate Prediction for Next Week

Gold Rate Forecast for Next 30 Days – Gold Price Prediction India

Here is the Gold Rate Prediction for today, tomorrow, and next 30 days for 1gram of 24 carat & 22 carat precious gold –

Please note that these gold rates are just for indicative purposes and the actual prices may vary. This gold price prediction chart tomorrow intends to give an idea about the gold price trend in the near future.

Gold Rate Forecast for Top Cities of India

Here you can check current gold rate for various cities in India, This might be different for cities like the gold rate in Delhi is slightly different from gold rate in Chennai, Bangalore, Mumbai, Pune, Surat and so on. we have also mentioned the highest and lowest price of 10 gm 24 carat Gold in 9 big cities. Click on the link to check gold rate for today.

Today Gold Rate in Mumbai

In Mumbai, gold is considered one of the safest avenues in the region. The gold rate in Mumbai tends to follow a trend similar to that of the country. According to the current gold rate trend, the gold price for 10 grams of 24-carat gold is Rs. 81,160.

Gold Rate Today in Delhi

Like the Indian market as a whole, the gold rate in Delhi is subject to regular swings. Today, the gold rate in Delhi for 10 grams of 24 carat precious gold is Rs 81,310.

Today Gold Rate Forecast in Chennai

Gold rate for today in Chennai is Rs 81,160 for 10 grams of 24 carat gold.

Gold Rate Today in Kolkata

Today Gold rate in Kolkata for 10 grams of 24 carat gold is Rs 81,160.

Gold Rate Forecast for Next 6 Months

The below prediction chart shows the gold rate for the next 6 months, from October 2024 to March 2025. In this prediction, you can see a gradual increase in gold rate in coming days. The average price for 10 grams of 24 carat gold will close to 75,580 INR between the upcoming months.

Expected Gold rate in Next Year 2025

Gold rate expected in January 2025. In the beginning, at Rs 77,301. Month’s maximum Rs 77,531, minimum Rs 76,195. The average price is Rs 77,348. At the end of the month, Rs 77,663, the change for January was 0.2%.

Gold rate in February 2025. In the beginning at Rs 77,363. Month’s maximum Rs 77,957, minimum Rs 76,350. The averaged price is Rs 77,169. At the end of the month, Rs 77,292, change for February 6.2%.

Gold price forecast in March 2025. In the beginning at Rs 77,292. Month’s maximum Rs 77,864, minimum Rs 76,400. The average price is Rs 77,297. At the end of the month, Rs 77,632, change for March was 0.24%.

Current Gold Rate Trend in India

The current gold trend in the market reflects a blend of cautious optimism and global economic uncertainty. As of now, gold prices have experienced moderate fluctuations (currently decreasing) due to a mix of factors. These include the ongoing geopolitical tensions, inflation concerns, and central bank policies.

While the demand for gold as a safe-haven asset remains steady, the gradual economic recovery and potential interest rate hikes have slightly fluctuated gold rate and future gold rate. People can also invest in stocks by using the best trading app in India but the stock market were extremely volatile, and gold investment is always a safe choice. Investors are closely monitoring indicators such as employment data, inflation rates, and central bank decisions to gauge the future trajectory of gold rates amidst this intricate market environment.

Top Factors that influence the Gold Rate Forecast

Demand & Supply

In any traded commodity, demand and supply play a prominent role in defining its price. Gold is not a consumable product so all gold is still present on earth that ever mined. Also, every year, the amount of gold mined is not very up. And so, if demand for gold goes up, the price goes up since the supply is comparatively uncommon.

Interest Rates

Gold prices have a converse relationship with lowest interest rate. If interest rates fall, individuals don’t get attractive returns on deposits. Hence, they break their deposits and buy gold instead to increase demand, and it automatically increases price. And people sell their gold and invest in their deposits when interest rate goes high, it leads to a drop in demand and so the price.

Inflation

When inflation rates soar, the value of the currency goes down. Also, most other investment avenues fail to deliver inflation-winning returns. Hence, most people start investing in gold. Even if high rates of inflation last for a longer period, gold acts as ideal privet since it is not influenced by fluctuations in the value of the currency.

Import Duty

India accounts for less than one percent of gold production globally. However, it is the second largest consumer of yellow metal. India imports large amounts of gold to meet the rising demand. Thus, import duty has important role in the gold price.

Government Reserves

The Government of India has several gold reserves. Given its policies, it buys or sells gold through the Reserve Bank of India (RBI). Gold rate can get affected depending on whether it buys or sells more.

FAQs – Gold Rate Forecast/Prediction