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 ₹7,383 per gram, 22-carat at ₹6,768 per gram, and 18-carat at ₹5,537 per gram. Stay updated on daily gold price changes for the best buying opportunities.
Today 24 Carat Gold Price November 8, 2024
| Gram | Today | Yesterday | Change |
|---|---|---|---|
| 1g | ₹ 7,228 | ₹ 7,383 | - ₹ 155 |
| 8g | ₹ 57,824 | ₹ 59,064 | - ₹ 1,240 |
| 10g | ₹ 72,280 | ₹ 73,830 | - ₹ 1,550 |
| 100g | ₹ 7,22,800 | ₹ 7,38,300 | - ₹ 15,500 |
Today 22 Carat Gold Price November 8, 2024
| Gram | Today | Yesterday | Change |
|---|---|---|---|
| 1g | ₹ 6,626 | ₹ 6,768 | - ₹ 142 |
| 8g | ₹ 53,008 | ₹ 54,144 | - ₹ 1,136 |
| 10g | ₹ 66,260 | ₹ 67,680 | - ₹ 1,420 |
| 100g | ₹ 6,62,600 | ₹ 6,76,800 | - ₹ 14,200 |
Today 18 Carat Gold Price November 8, 2024
| Gram | Today | Yesterday | Change |
|---|---|---|---|
| 1g | ₹ 5,421 | ₹ 5,537 | - ₹ 116 |
| 8g | ₹ 43,368 | ₹ 44,296 | - ₹ 928 |
| 10g | ₹ 54,210 | ₹ 55,370 | - ₹ 1,160 |
| 100g | ₹ 5,42,100 | ₹ 5,53,700 | - ₹ 11,600 |
Gold Rate Forecast Today for 24 carat
| Date | 1 Gram | Change |
|---|---|---|
| 07 Nov 2024 | ₹ 8,255 | ₹ 19 |
Gold rate forecast today is ₹ 8,255 INR for 1 gram 24 carat gold with no change. The highest price for gold today is expected to be ₹ 8,273 while the lowest price for gold today could be ₹ 8,243.
Gold Rate Forecast Today for 22 carat
| Date | 1 Gram | Change |
|---|---|---|
| 07 Nov 2024 | ₹ 7,578 | ₹ 20 |
Gold rate forecast today is ₹ 7,578 INR for 1 gram 22 carat gold with no change. The highest price for gold today is expected to be ₹ 7,596 while the lowest price for gold today could be ₹ 7,566.
Gold Rate Prediction for Tomorrow of 24 carat
| Date | 1 Gram | Change |
|---|---|---|
| 08 Nov 2024 | ₹ 8,387 | ₹ 132 |
Gold rate predicted for tomorrow is ₹ 8,387 INR for 1 gram of 24 carat gold. The highest gold rate tomorrow is expected to reach ₹ 8,405, while the lowest gold rate tomorrow could be ₹ 8,374.
Gold Rate Prediction for Tomorrow of 22 carat
| Date | 1 Gram | Change |
|---|---|---|
| 08 Nov 2024 | ₹ 7,597 | ₹ 39 |
Gold rate predicted for tomorrow is ₹ 7,597 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 ₹ 7,578.
MCX Gold BUY/SELL Signal for Today
| Live Gold Price | High | Low | Open | Previous Close |
|---|---|---|---|---|
| ₹ 76,422 | ₹ 76,487 | ₹ 76,322 | ₹ 76,365 | ₹ 76,655 |
| Resistance | Support | Signal | |||
|---|---|---|---|---|---|
| R1 | 76,723 | S1 | 76,584 | 5 Min | Neutral |
| R2 | 76,796 | S2 | 76,503 | 1 Hour | Buy |
| R3 | 76,875 | S3 | 76,426 | 1 Day | Buy |
Gold Rate Prediction for Next Week
| Date | 24 Carat | 24K Change | 22 Carat | 22K Change |
|---|---|---|---|---|
| 08-11-2024 | ₹ 8,387 | ₹ 132 | ₹ 7,597 | ₹ 19 |
| 09-11-2024 | ₹ 8,351 | -₹ 36 | ₹ 7,611 | ₹ 14 |
| 10-11-2024 | ₹ 8,336 | -₹ 15 | ₹ 7,625 | ₹ 14 |
| 11-11-2024 | ₹ 8,311 | -₹ 25 | ₹ 7,641 | ₹ 16 |
| 12-11-2024 | ₹ 8,294 | -₹ 17 | ₹ 7,658 | ₹ 17 |
| 13-11-2024 | ₹ 8,277 | -₹ 17 | ₹ 7,674 | ₹ 16 |
| 14-11-2024 | ₹ 8,259 | -₹ 18 | ₹ 7,694 | ₹ 20 |
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 –
| Date | 24K | 22K |
|---|---|---|
| 01-11-2024 | ₹ 8,133 | ₹ 7,448 |
| 02-11-2024 | ₹ 8,147 | ₹ 7,455 |
| 03-11-2024 | ₹ 8,158 | ₹ 7,478 |
| 04-11-2024 | ₹ 8,188 | ₹ 7,499 |
| 05-11-2024 | ₹ 8,203 | ₹ 7,536 |
| 06-11-2024 | ₹ 8,236 | ₹ 7,558 |
| 07-11-2024 | ₹ 8,255 | ₹ 7,578 |
| 08-11-2024 | ₹ 8,387 | ₹ 7,597 |
| 09-11-2024 | ₹ 8,351 | ₹ 7,611 |
| 10-11-2024 | ₹ 8,336 | ₹ 7,625 |
| 11-11-2024 | ₹ 8,311 | ₹ 7,641 |
| 12-11-2024 | ₹ 8,294 | ₹ 7,658 |
| 13-11-2024 | ₹ 8,277 | ₹ 7,674 |
| 14-11-2024 | ₹ 8,259 | ₹ 7,694 |
| 15-11-2024 | ₹ 8,268 | ₹ 7,703 |
| 16-11-2024 | ₹ 8,298 | ₹ 7,726 |
| 17-11-2024 | ₹ 8,311 | ₹ 7,748 |
| 18-11-2024 | ₹ 8,326 | ₹ 7,768 |
| 19-11-2024 | ₹ 8,348 | ₹ 7,788 |
| 20-11-2024 | ₹ 8,367 | ₹ 7,805 |
| 21-11-2024 | ₹ 8,387 | ₹ 7,836 |
| 22-11-2024 | ₹ 8,403 | ₹ 7,858 |
| 23-11-2024 | ₹ 8,414 | ₹ 7,866 |
| 24-11-2024 | ₹ 8,435 | ₹ 7,884 |
| 26-11-2024 | ₹ 8,458 | ₹ 7,891 |
| 27-11-2024 | ₹ 8,477 | ₹ 7,902 |
| 28-11-2024 | ₹ 8,497 | ₹ 7,914 |
| 29-11-2024 | ₹ 8,503 | ₹ 7,945 |
| 30-11-2024 | ₹ 8,514 | ₹ 7,958 |
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.
| City Name | Rate on 05 Nov | Gold Rate Today |
|---|---|---|
| Mumbai | ₹ 80,240 | Live gold price |
| Ahmedabad | ₹ 80,290 | Live gold price |
| Delhi | ₹ 80,390 | Live gold price |
| Jaipur | ₹ 80,390 | Live gold price |
| Kolkata | ₹ 80,240 | Live gold price |
| Bangalore | ₹ 80,240 | Live gold price |
| Hyderabad | ₹ 80,240 | Live gold price |
| Chennai | ₹ 80,240 | Live gold price |
| Kochi | ₹ 80,240 | Live gold price |
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 in Mumbai | 24 Carat Gold |
|---|---|
| 10 Gram Gold | ₹ 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.
| Gold rate in Delhi | 24 Carat Gold |
|---|---|
| 10 Gram Gold | ₹ 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 in Chennai | 24 Carat Gold |
|---|---|
| 10 Gram Gold | ₹ 81,160 |
Gold Rate Today in Kolkata
Today Gold rate in Kolkata for 10 grams of 24 carat gold is Rs 81,160.
| Gold rate in Kolkata | 24 Carat Gold |
|---|---|
| 10 Gram Gold | ₹ 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.
| Month | 10 gram | Lowest | Change% |
|---|---|---|---|
| Oct-24 | ₹ 76,650 | ₹ 76,056 | -1.82% |
| Nov-24 | ₹ 76,860 | ₹ 76,253 | -0.42% |
| Dec-24 | ₹ 76,920 | ₹ 76,023 | 0.21% |
| Jan-25 | ₹ 77,620 | ₹ 77,189 | -0.10% |
| Feb-25 | ₹ 78,780 | ₹ 77,130 | 0.26% |
| Mar-25 | ₹ 78,666 | ₹ 77,190 | -0.97% |
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
How can you invest in Digital Gold?
Investors have several options to invest in gold, such as purchasing physical gold, investing in gold ETFs, buying gold mining stocks, or trading options and futures contracts. Physical gold can be bought in the form of bars, coins, or jewellery, but requires storage and insurance costs. Gold ETFs are easier and can be traded on stock exchanges like any other stock.
What are the factors that affect gold rates?
There are lots of factors that are found to make the gold prices fluctuate like liquidity, demand and supply, inflammation, global economy and others.
Is this gold rate prediction accurate?
Yes, In most cases, this price prediction tries to be as accurate as possible. But the actual gold prices may vary depending on various underlying factors.
What is the gold rate forecast for 2024?
At present, the prices of gold metal are on the upward side. And this gold rate trend is expected to continue for the coming months in year 2024.
What are the different types of gold investments?
There are different types of gold investments available today, including digital gold investments, gold coin investments, gold bar investments, gold bar investments, and gold ETF investments.
Will gold rate decrease in the coming days?
As per financial experts, we can say the gold rate will not decrease in the coming days or months because demand and supply of gold has increased day by day.