Gold Rate Forecast – Prediction for Tomorrow, Next 30 Days, Next Months & Years

Gold is considered a valuable asset that never goes out of trend. In this Article, you can find Gold Rate Forecast or Gold Rate Prediction for today, tomorrow, this month, next months and whole financial year 2022-23. Also you can find out Gold rate prediction & price forecast for next financial years i.e. 2023-24.
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 predictionLatest Factors Affecting Gold Prices, Gold Rate Forecast or Prediction

Gold prices largely depend on these major factors – Re-emergence of Covid, World Economic Situation, US Dollar Value, US-China-Reset of the World Relations, Inflation/ Interest Rates, Printing of Money, and Other Factors. Also in a country gold prices can be different among their states because every state governments have their own taxes.

After the pandemic gold’s price will move up, you will see these prices in this gold rate forecast. For your reference, A chart given by best stock broker in India inserted below highlighting gold price prediction India for next 30 days:

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
27-11-2022 5348 -7 -0.130% 5361 5335
28-11-2022 5330 -18 -0.341% 5345 5316
29-11-2022 5319 -12 -0.218% 5335 5302
30-11-2022 5363 44 0.831% 5380 5345
01-12-2022 5351 -12 -0.218% 5370 5332
02-12-2022 5380 29 0.536% 5400 5360
03-12-2022 5417 37 0.693% 5438 5396
04-12-2022 5410 -7 -0.128% 5432 5388
05-12-2022 5392 -18 -0.337% 5415 5369
06-12-2022 5380 -12 -0.215% 5404 5356
07-12-2022 5424 44 0.821% 5449 5400
08-12-2022 5413 -12 -0.215% 5439 5387
09-12-2022 5442 29 0.530% 5468 5415
10-12-2022 5479 37 0.685% 5506 5451
11-12-2022 5472 -7 -0.127% 5500 5443
12-12-2022 5454 -18 -0.333% 5483 5424
13-12-2022 5442 -12 -0.213% 5472 5412
14-12-2022 5486 44 0.812% 5517 5455
15-12-2022 5475 -12 -0.213% 5506 5443
16-12-2022 5503 29 0.524% 5536 5471
17-12-2022 5541 37 0.677% 5574 5508
18-12-2022 5534 -7 -0.125% 5567 5500
19-12-2022 5515 -18 -0.329% 5550 5481
20-12-2022 5504 -12 -0.210% 5539 5469
21-12-2022 5548 44 0.803% 5584 5512
22-12-2022 5536 -12 -0.211% 5573 5500
23-12-2022 5565 29 0.518% 5602 5528
24-12-2022 5602 37 0.670% 5640 5565
25-12-2022 5012 -590 -10.531% 5065 4960

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

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Gold Rate Prediction for Today

Gold rate for today is 5319 Rs. for 1 gram 24 carat gold with the change of 0.218%, here you can check highest & lowest gold rate prediction for today and according to that you can invest in gold.

Gold Rate Forecast for Today – 24 Carat
Date Gold Rate(1 gram) Change Change% Highest Lowest
 29 Nov 2022 5319 -12 -0.218% 5335 5302


Gold Rate Prediction for Tomorrow

Gold rate prediction for tomorrow is 5363 INR for 1 gram 24 carat gold with negligible change of 0.831%, here you can check highest & lowest tomorrow gold rate and plan your investment accordingly.

Gold Rate Forecast for Tomorrow – 24 Carat
Date Gold Rate(1 gram) Change Change% Highest Lowest
 30 Nov 2022 5363 44 0.831% 5380 5345

If you are looking to invest in Gold, it is hugely recommended to take a look at the past performances of gold, that could help you predict its future performance or just check our gold rate forecast.


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    Gold Price Prediction for Different Cities in India

    Here you can check gold rate forecast for various cities in India, 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 18th November Gold Rate Today
    Mumbai Rs 54420 Click Here
    Ahmedabad Rs 54420 Click Here
    Delhi Rs 53170 (Lowest) Click Here
    Jaipur Rs 54470 Click Here
    Kolkata Rs  54580 Click Here
    Bangalore Rs 54570 Click Here
    Hyderabad Rs 54555 Click Here
    Chennai Rs 54580 Click Here
    Kochi Rs 54585 (Highest) Click Here


    Gold Rate Prediction or Forecast for Next Week

    Here you can find gold rate prediction for next week, 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 –

    Date Gold Rate(24 Carat) Change Change% High Low
    25-11-2022 5318 21 0.398% 5327 5309
    26-11-2022 5355 37 0.701% 5366 5344
    27-11-2022 5348 -7 -0.130% 5361 5335
    28-11-2022 5330 -18 -0.341% 5345 5316
    29-11-2022 5319 -12 -0.218% 5335 5302
    30-11-2022 5363 44 0.831% 5380 5345
    01-12-2022 5351 -12 -0.218% 5370 5332


    Gold Price Forecast For 1 Month – 22 carat Gold

    Gold price forecast on Tuesday, 1 November : gold price 47450 Rupees, max 48170 Rs, min 46352 Rs. Gold price in India on Wednesday, 2 November : gold price 47420 Rupees, max 47835 Rs, min 46656 Rs. Gold price forecast on Thursday, 3 November : gold price 47260 Rupees, max 47972 Rs, min 46872 Rs. Gold price in India on Friday, 4 November : gold price 47580 Rupees, max 48294 Rs, min 46866 Rs.

    In 2nd week Gold price forecast on Monday, 7 November : gold price 47925 Rupees, max 48644 Rs, min 47206 Rs. Gold price in India on Tuesday, 8 November : exchange rate 47180 Rupees, max 47500 Rs, min 46850 Rs. Gold price forecast on Wednesday, 9 November : gold rate 47950 Rupees, max 48450 Rs, min 47690 Rs. Gold price in India on Thursday, 10 November : gold price 47479 Rupees, max 48191 Rs, min 46767 Rs. Gold price prediction in India on Friday, 11 November : gold price 48140 Rupees, max 48250 Rs, min 48030 Rs.

    In 3rd week Gold price forecast on Monday, 14 November : gold price 47299 Rupees, max 48008 Rs, min 46590 Rs. Gold price in India on Tuesday, 15 November : gold price 48360 Rupees, max 48500 Rs, min 48220 Rs. Gold price forecast on Wednesday, 16 November : gold price 47450 Rupees, max 47800 Rs, min 47210 Rs. Gold rate prediction in India on Thursday, 17 November : gold price 48710 Rupees, max 48860 Rs, min 48550 Rs. Gold price forecast on Friday, 18 November : gold price 47701 Rupees, max 48417 Rs, min 47390 Rs.

    In 4th week Gold price in India on Monday, 21 November : Gold price 47560 Rupees, max 47730 Rs, min 47400 Rs. Gold price forecast on Tuesday, 22 November : gold price 47207 Rupees, max 47915 Rs, min 46499 Rs. Gold rate forecast in India on Wednesday, 23 November : gold price 48070 Rupees, max 48260 Rs, min 47880 Rs. Gold price forecast on Thursday, 24 November : gold price 47980 Rupees, max 48180 Rs, min 47770 Rs.

    Gold price in India on Friday, 25 November : gold price 47340 Rupees, max 47650 Rs, min 47003 Rs. Gold rate prediction in India on Saturday, 26 November : gold price 46680 Rupees, max 47210 Rs, min 46180 Rs.

    In 5th week Gold rate forecast in India on Monday, 28 November : gold price 48360 Rupees, max 49170 Rs, min 47760 Rs. Gold rate forecast in India on Tuesday, 29 November : gold price 47960 Rupees, max 48170 Rs, min 47760 Rs. Gold price forecast on Wednesday, 30 November : gold price 47120 Rupees, max 47820 Rs, min 46920 Rs.


    Gold Rate Prediction for Next 6 Months

    The below chart defines the gold price prediction for next 6 months from Jan- 22 to June- 22. In this prediction you can see a gradual decrease in gold rate in coming days and average price for 10 gram 24 carat will close to 49060 INR.

    Gold Price Prediction India 2022 (Monthly)
    Month Average(For 10 gm gold) Lowest Change%(compare to last month)
    January-22 48910 48470 -0.028%
    February-22 48970 48360 0.127%
    March-22 48960 48190 -0.022%
    April-22 49230 48320 0.545%
    May-22 49120 48090 -0.216%
    June-22 49170 48020 0.082%

     

    Monthly Gold Price Prediction – Gold Rate Prediction for 2022

    Gold Rate Forecast from July 2022 to Nov 2022 for 24 carat gold

    Month Average(For 10 gm gold) Lowest Change%(compare to last month)
    July-22 49400 48140 0.480%
    Aug-22 49330 47960 -0.138%
    Sept-22 49530 48060 0.400%
    Oct-22 49520 47940 -0.028%
    Nov-22 49540 47860 0.037%


    Gold Rate Forecast for 2022 – 2023

    In this chart you can also check gold rate forecast for next financial year 2022-23

    Month Average(For 10 gm gold) Close Change%(compare to last month)
    Dec-22 49560 49150 0.040%
    Jan-23 50110 49455 1.109%
    Feb-23 51240 50115 2.255%
    Mar-23 52134 50425 1.744%
    Apr-23 52225 51225 0.174%

    The chart clearly indicates that a steady increase in the gold rate expectation, that is predicted for the 2022-2023 period.

     

    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 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.

    Reasons behind the increase in gold prices

    Below are the reasons behind the increasing price of gold – 

    1. High liquidity

    The RBI enables borrowers to get a moratorium on loan repayments till August 31, 2020. Government also announced multiple economic inducement packages to fuel liquidity into the markets. So, this led to a situation where investors had money for investment. They can invest in stocks by using the best trading app in India but the stock market were extremely volatile, interest rates were reducing. Hence, they began investing in gold because it is always a safe investment option.

    1. Exchange Rate

    The value of Indian Rupee has reduced acutely since the lockdown. At present, it is nearly Rs. 75 against the US dollar. Since India is the second largest importer, such exchange rate variations tend to affect gold rates & gold rate forecast in future.

    1. Reduced Gold Mining

    One major factor that influences gold rate in upcoming days and gold price prediction is the demand and supply formula. While the demand went up, gold mining activities were immensely impacted due to lockdowns in different parts of the world. This influenced the supply causing the gold prices to increase further.

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    FAQs About Gold Rate Forecast

    Ques- 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.

    Ques- Is your gold rate prediction accurate?

    Ans- In most cases, this gold rate prediction tries to be as accurate as possible. But the actual gold prices may vary depending on various underlying factors.

    Ques- What is the current gold price trend?

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

    Ques- 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.

    Ques- Will gold rate decrease in coming days?

    Ans- There are many reasons exist behind the gold rate fluctuation but as per our Gold rate prediction for upcoming days we can say gold rate will decrease slightly in coming days or months.

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