Gold Rate Forecast or Prediction for Today, Tomorrow, Next Week, Months & Years

By TBS Team | June 12, 2024

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

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

Gold Rate Forecast for Today

Check here the Gold rate Today for 24 carat gold –

Date Gold Rate(1 Gram) Change Change% Highest Lowest
12 June 2024 7395 -2 -0.027% 7597 7002

Gold rate for today is 7395 INR for 1 gram 24 carat gold with negligible change of 0.027%.

Gold rate today for 22 carat gold is 6830 Rs for 1 gram.

MCX Gold BUY/SELL Signal for Today

Live Gold Price High Low Open
71,519.0 71,634.0 71,440.0 71,490.0
Resistance Support Signal
R1 71,798.0 S1 71,093.0 5 Min Buy
R2 72,195.0 S2 70,785.0 1 Hour Buy
R3 72,503.0 S3 70,388.0 1 Day Sell


Gold Rate Prediction for Tomorrow

Date Gold Rate(1 Gram) Change Change% Highest Lowest
13 June 2024 7356 -39 -0.527% 7565 7113

Gold rate predicted for tomorrow is 7356 INR for 1 gram 24 carat gold with negligible change of 0.527%, here you can check highest & lowest tomorrow gold rate and plan your investment accordingly.

Gold rate tomorrow for 22 carat gold is 6810 Rs per gram.

gold rate forecast

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 24 carat precious gold –

Date Gold Rate(1 Gram) Change Change% Highest Lowest
01-06-2024 7240 220 3.133% 7524 7037
02-06-2024 7340 100 1.381% 7624 7137
03-06-2024 7314 -26 -0.354% 7573 7090
04-06-2024 7383 69 0.943% 7420 7033
05-06-2024 7415 32 0.433% 7636 7147
06-06-2024 7236 -179 -2.414% 7647 7157
07-06-2024 7356 120 1.658% 7520 7132
08-06-2024 7413 57 0.774% 7601 7115
09-06-2024 7396 -17 -0.229% 7512 7015
10-06-2024 7425 29 0.392% 7610 7214
11-06-2024 7397 -28 -0.377% 7628 7030
12-06-2024 7395 -2 -0.027% 7597 7002
13-06-2024 7356 -39 -0.527% 7565 7173
14-06-2024 7401 45 0.611% 7616 7120
15-06-2024 7345 -56 -0.756% 7441 7052
16-06-2024 7216 -129 -1.756% 7451 7061
17-06-2024 7201 -15 -0.207% 7416 7019
18-06-2024 7167 -34 -0.472% 7351 6964
19-06-2024 7054 -113 -1.576% 7206 6801
20-06-2024 7096 42 0.595% 7344 6742
21-06-2024 7209 113 1.592% 7451 6848
22-06-2024 7240 31 0.430% 7469 6973
23-06-2024 7317 77 1.063% 7607 7106
24-06-2024 7288 -29 -0.396% 7644 7019
25-06-2024 7285 -3 -0.041% 7558 7016
26-06-2024 6978 -307 -4.214% 7344 6638
27-06-2024 6980 2 0.028% 7254 6639
28-06-2024 7021 41 0.587% 7362 6879
29-06-2024 7155 134 1.908% 7397 6813
30-06-2024 7140 -15 -0.209% 7383 6897
01-07-2024 7260 120 1.680% 7524 7097

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 near future.

Gold Price Prediction For 1 Month – 22 carat Gold

Here is gold price forecast for today, tomorrow, and for this whole month. Find here gold rate prediction for next 10 days for 22 carat gold

In 1st week Gold Rate 

Gold rate on Tuesday, June, 4: 69008 Rupees, maximum 72458, minimum 65558. Gold rate on Wednesday, June, 5: 69802 Rupees, maximum 73292, minimum 66312. Gold rate on Thursday, June, 6: 69256 Rupees, maximum 72719, minimum 65793. Gold rate on Friday, June, 7: 69548 Rupees, maximum 73025, minimum 66071.

In 2nd week Gold Rate 

Gold rate prediction on Monday, June, 10: 70112 Rupees, maximum 73618, minimum 66606. Gold rate on Tuesday, June, 11: 70085 Rupees, maximum 73589, minimum 66581. Gold rate on Wednesday, June, 12: 68580 Rupees, maximum 72009, minimum 65151. Gold rate on Thursday, June, 13: 67318 Rupees, maximum 70684, minimum 63952. Gold rate forecast on Friday, June, 14: 67230 Rupees, maximum 70592, minimum 63869.

In 3rd week Gold Rate 

Gold rate on Monday, June, 17: 67468 Rupees, maximum 70841, minimum 64095. Gold price on Tuesday, June, 18: 68434 Rupees, maximum 71856, minimum 65012. Gold rate on Wednesday, June, 19: 68151 Rupees, maximum 71559, minimum 64743. Gold rate prediction on Thursday, June, 20: 68908 Rupees, maximum 72353, minimum 65463. Gold price on Friday, June, 21: 69503 Rupees, maximum 72978, minimum 66028.

In 4th week Gold Rate 

Gold rate on Monday, June, 24: 68761 Rupees, maximum 72199, minimum 65323. Gold price on Tuesday, June, 25: 69248 Rupees, maximum 72710, minimum 65786. Gold rate on Wednesday, June, 26: 70335 Rupees, maximum 73852, minimum 66818. Gold price on Thursday, June, 27: 70146 Rupees, maximum 73653, minimum 66639. Gold rate on Friday, June, 28: 69826 Rupees, maximum 73317, minimum 66335.

In 5th week Gold Rate

Gold forecast on Monday, July, 1: 70591 Rupees, maximum 74121, minimum 67061. Gold rate on Tuesday, July, 2: 70440 Rupees, maximum 73962, minimum 66918. Gold price forecast on Wednesday, July, 3: 69894 Rupees, maximum 73389, minimum 66399.

This gold price forecast shows you expected gold price for entire month including gold rate today, gold rate tomorrow and upcoming weeks.


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 gold rate in Delhi is slightly different from gold rate in Chennai, Bangalore, Mumbai, Pune, Surat and so on. we have also mentioned 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 10th May Gold Rate Today
Mumbai Rs 73680 Click Here
Ahmedabad Rs 73955 Click Here
Delhi Rs 73680 (Lowest) Click Here
Jaipur Rs 73840 Click Here
Kolkata Rs 73840 Click Here
Bangalore Rs 73960 (Highest) Click Here
Hyderabad Rs 73840 Click Here
Chennai Rs 73860 Click Here
Kochi Rs 73865 Click Here

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 current gold rate trend, gold price for 10 gram 24 Carat gold is Rs. 73525.

Gold rate in Mumbai 24 Carat Gold
10 Gram Gold 73525

Gold Rate Today in Delhi

Like the Indian market as a whole, the gold rate in Delhi is subject to regular swings. today gold rate in Delhi for 10 gram 24 carat precious gold is Rs 73580.

Gold rate in Delhi 24 Carat Gold
10 Gram Gold 73580

Today Gold Rate Forecast in Chennai

Gold rate for today in Chennai is Rs 73720 for 10 gram 24 carat gold –

Gold rate in Chennai 24 Carat Gold
10 Gram Gold 73720

Gold Rate Today in Kolkata

Today Gold rate in Kolkata for 10 gram 24 carat gold is Rs 73760 –

Gold rate in Kolkata 24 Carat Gold
10 Gram Gold 73760


Gold Rate Prediction for Next Week

Date Gold Rate(24 Carat) Change Change% High Low
10-06-2024 7425 29 0.392% 7610 7214
11-06-2024 7397 -28 -0.377% 7628 7030
12-06-2024 7395 -2 -0.027% 7597 7002
13-06-2024 7356 -39 -0.527% 7565 7173
14-06-2024 7401 45 0.611% 7616 7120
15-06-2024 7345 -56 -0.756% 7441 7052
16-06-2024 7216 -129 -1.756% 7451 7061


Gold Rate Forecast for Next 6 Months

The below prediction chart shows the gold rate for next 6 months from June- 2024 to November- 2024. In this prediction, you can see a gradual increase in gold rate in coming days. Average price for 10 gram 24 carat will close to 63,280 INR between upcoming months.

Month Average Gold Price(10 gram) Lowest Change%(compare to last month)
June-24 66,000 64,056 -1.82%
July-24 65,860 64,253 -0.42%
Aug-24 64,920 63,023 0.21%
Sept-24 64,620 63,189 -0.10%
Oct-24 63,780 62,830 0.26%
Nov-24 62,666 61,690 -0.97%

Gold rate forecast

Expected Gold rate in Next Year 2025

Gold rate expected in January 2025. In the beginning at 63301 Rs. Month’s maximum 66531, minimum 60195. The averaged price 63348. At the end of the month 63363, change for January 0.1%.

Gold rate in February 2025. In the beginning at 63363 Rs. Month’s maximum 70657, minimum 63363. The averaged price 66169. At the end of the month 67292, change for February 6.2%.

Gold price forecast in March 2025. In the beginning at 67292 Rs. Month’s maximum 67864, minimum 61400. The averaged price 65297. At the end of the month 64632, change for March -4.0%.

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

  1. 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.

  1. 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.

  1. Inflation

When the inflation rates soar high, the value of the currency goes down. Also, most other investment avenues flop 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.

  1. 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.

  1. 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

1. How can you invest in Digital Gold?

Ans- 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.

2. What are the factors that affect gold rates?

Ans- There are lots of factors that are found to make the gold prices fluctuate like liquidity, demand and supply, inflammation, global economy and others.

3. Is this gold rate prediction accurate?

Ans- 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.

4. What is the gold rate forecast for 2024?

Ans- At present, the prices of gold metal are on the upward side. And this gold rate trend is expected to continue for coming months in year 2024.

5. What are the different types of gold investments?

Ans- There are different types of gold investments available today including Digital Gold investment, Gold coin investment, gold bars investments and gold ETF investments.

6. Will gold rate decrease in coming days?

Ans- As per financial experts we can say gold rate will decrease slightly in coming days or months because demand and supply of gold has better combination this time.

Disclaimer: This blog is written for educational purpose only. Data, Securities, Advisory and Quotes mentioned here are for guidance only. Doing research by investors itself is highly recommended.

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