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Here, you will find Gold Rate Prediction or Gold Price Forecast for Today, Tomorrow & next 30 days.

Also, you will find Predictions for this Financial Year, i.e., 2023-24 & next financial year, 2024-25, for both 22 Carat & 24 Carat Gold segments.

Here is the list of important factors considered while doing this scientific method of Gold Price Prediction.

  • Russia-Ukraine War
  • China-Taiwan Conflict
  • India-China Tension
  • US-China Tension
  • Demand & Supply of Gold
  • Inflation
  • INR vs Dollar
  • RBI Rate Change

Gold Rate Forecast or Prediction for Today (Jun 08, 2023)

Check out the latest Gold Forecast or Target for Today here.

Gold Rate Forecast for Today – 1 Gram Gold in INR
Date – 8th Jun 2023
Carat 22 Carat 24 Carat
Today’s Gold Rate (Predicted) 5529 6032
Today’s High (Predicted) 5536 6039
Today’s Low (Predicted) 5522 6024
Yesterday’s Close (Actual) 5560 6065
Change -31 -33
Change% -0.553% -0.551%

Here in this forecast, you can see that Gold Rate is showing a negative movement of -0.553% for the 22 Carat Segment & -0.551% for the 24 Carat segment.

Gold Predictions for Today are Rs.5529 for 22 Carat Gold & Rs.6032 for 24 Carat Gold.

The Forecast suggests that Gold Rate for the 22-carat segment can decrease by Rs.-31 per gram, and for the 24-carat segment, it can decrease by Rs.-33 per gram of Gold.

Check Out the Gold Rate Today in your city & Compare it with Forecast.

Gold Price Prediction or Forecast for Tomorrow

Find out Gold Price Prediction for tomorrow here –

Gold Rate Forecast for Tomorrow – 1 Gram Gold in INR
Date – 9th Jun 2023
Carat 22 Carat 24 Carat
Tomorrow’s Gold Rate (Predicted) 5501 6001
Tomorrow’s High (Predicted) 5509 6009
Tomorrow’s Low (Predicted) 5494 5993
Today’s Close (Predicted) 5529 6032
Change -28 -31
Change% -0.505% -0.506%

Gold Rate Forecast for Tomorrow is Rs.5501 for 22 Carat & Rs.6001 for 24 Carat segment. The expected change is very low i.e. -0.505% & -0.506% for 22 Carat & 24 Carat respectively.

This Gold Price Prediction has proven to be very accurate & helped many gold traders & investors make a really good income.

Compare Gold Rate Forecast of Top Indian Cities

Check out the Gold Prediction of Major Indian Cities & States for Tomorrow –

Gold Rate Forecast of Top Indian Cities – 12th Feb 2023
1 Gram Gold
Cities 22 Carat (Rs.) 24 Carat (Rs.)
Ahmedabad 5274 5751
Bangalore 5274 5751
Chennai 5349 5833
Delhi 5284 5761
Hyderabad 5269 5746
Kerala 5269 5746
Kolkata 5269 5746
Lucknow 5284 5761
Mumbai 5269 5746
Pune 5269 5746

Gold Price Forecast for 30 Days – 22 Carat Gold

Here is the Gold Price Forecast of the Next 30 Days for 22 Carat Gold:

Gold Rate Target – 22 Carat Gold – 1 Gram Gold (INR)
Date Gold Rate Change Change% High Low
08-06-2023 5520 5520 5520
09-06-2023 5491 -29 -0.525% 5497 5485
10-06-2023 5506 15 0.279% 5513 5500
11-06-2023 5519 12 0.222% 5525 5512
12-06-2023 5515 -4 -0.064% 5521 5509
13-06-2023 5508 -7 -0.136% 5514 5501
14-06-2023 5500 -8 -0.145% 5506 5493
15-06-2023 5469 -31 -0.555% 5476 5463
16-06-2023 5452 -17 -0.307% 5459 5446
17-06-2023 5468 15 0.281% 5474 5461
18-06-2023 5480 12 0.224% 5487 5473
19-06-2023 5476 -4 -0.064% 5483 5470
20-06-2023 5469 -7 -0.137% 5476 5462
21-06-2023 5461 -8 -0.146% 5468 5454
22-06-2023 5430 -31 -0.559% 5437 5423
23-06-2023 5414 -17 -0.309% 5421 5407
24-06-2023 5429 15 0.283% 5436 5422
25-06-2023 5441 12 0.225% 5448 5434
26-06-2023 5438 -4 -0.065% 5445 5430
27-06-2023 5430 -7 -0.138% 5437 5423
28-06-2023 5422 -8 -0.147% 5429 5415
29-06-2023 5392 -31 -0.563% 5399 5384
30-06-2023 5375 -17 -0.311% 5382 5367
01-07-2023 5390 15 0.285% 5398 5383
02-07-2023 5402 12 0.227% 5410 5395
03-07-2023 5399 -4 -0.065% 5406 5391
04-07-2023 5391 -7 -0.139% 5399 5384
05-07-2023 5383 -8 -0.148% 5391 5376
06-07-2023 5353 -31 -0.567% 5361 5345
07-07-2023 5336 -17 -0.314% 5344 5328
08-07-2023 5351 15 0.287% 5359 5344
09-07-2023 5423 72 1.339% 5460 5386

Here you can find out Gold Price Forecast for Today, Tomorrow & the next 30 days. This forecast is for 22 Carat Gold only.

You can analyze the numbers on your own & decide if it is accurately or approximately matching with the actual gold rates for the given day or month.

Gold Price Prediction for 1 Month – 24 Carat Gold

Check out Gold Price Prediction for the Next 1 Month for 24 Carat Gold here –

Gold Rate Target – 24 Carat Gold – 1 Gram Gold (INR)
Date Gold Rate Change Change% High Low
08-06-2023 6022 6022 6022
09-06-2023 5990 -32 -0.530% 5997 5983
10-06-2023 6007 17 0.282% 6014 6000
11-06-2023 6020 13 0.223% 6027 6013
12-06-2023 6017 -4 -0.064% 6024 6010
13-06-2023 6009 -8 -0.130% 6016 6002
14-06-2023 5999 -9 -0.155% 6006 5992
15-06-2023 5966 -33 -0.556% 5973 5959
16-06-2023 5948 -18 -0.306% 5955 5941
17-06-2023 5965 17 0.284% 5972 5957
18-06-2023 5978 13 0.225% 5985 5971
19-06-2023 5974 -4 -0.064% 5982 5967
20-06-2023 5966 -8 -0.131% 5974 5959
21-06-2023 5957 -9 -0.156% 5965 5950
22-06-2023 5924 -33 -0.560% 5931 5916
23-06-2023 5905 -18 -0.308% 5913 5898
24-06-2023 5922 17 0.286% 5930 5915
25-06-2023 5936 13 0.226% 5943 5928
26-06-2023 5932 -4 -0.065% 5940 5924
27-06-2023 5924 -8 -0.132% 5932 5916
28-06-2023 5915 -9 -0.157% 5923 5907
29-06-2023 5881 -33 -0.564% 5889 5873
30-06-2023 5863 -18 -0.310% 5871 5855
01-07-2023 5880 17 0.288% 5888 5872
02-07-2023 5893 13 0.228% 5902 5885
03-07-2023 5890 -4 -0.065% 5898 5881
04-07-2023 5882 -8 -0.133% 5890 5873
05-07-2023 5872 -9 -0.158% 5881 5864
06-07-2023 5839 -33 -0.568% 5848 5831
07-07-2023 5821 -18 -0.312% 5829 5812
08-07-2023 5838 17 0.290% 5846 5829
09-07-2023 5916 78 1.344% 5956 5876

This is a reminder that this Gold Rate Prediction is made using the highly sophisticated method used in the analysis & forecasting of highly complex investment segments.

As per this Gold Rate Target for 24 Carat Gold, The gold rate is expected to reach 5916 in the next 1 month.

It also suggests that we will end this month at 5863 for 24 Carat Gold Segment.

Check out Gold Calculators

These gold investment-related calculators will help you find and analyze gold prices across India.

Gold Price Forecast for 6 Month – 22 Carat Gold

Check out the Gold Price Prediction for the period between Jun 2023 – Nov 2023 for 22 Carat Gold –

Gold Rate Target – 22 Carat Gold – 1 Gram Gold (INR)
Date Gold Rate Change Change% High Low
Jun-23 5587 5622 5552
Jul-23 5661 74 1.301% 5716 5605
Aug-23 5751 91 1.578% 5823 5680
Sep-23 5833 81 1.392% 5917 5748
Oct-23 5919 86 1.459% 6016 5822
Nov-23 6002 83 1.384% 6110 5894

The forecast for Jun 2023 to Nov 2023 has had a total percentage change of 6.91%, with fluctuations moving downward to the minimum.

The closing point has been 5587 for Jun & it increases to 5751 in Aug and then gradually increases to 6002 by Nov.

Gold Rate Predictions for 1 Year – 22 Carat Gold

Check out the Gold Price Forecast for the period between Dec 2023 – May 2024:

Gold Rate Target – 22 Carat Gold – 1 Gram Gold (INR)
Date Gold Rate Change Change% High Low
Dec-23 6090 88 1.438% 6209 5971
Jan-24 6185 96 1.550% 6315 6056
Feb-24 6253 67 1.075% 6392 6113
Mar-24 6340 88 1.381% 6490 6191
Apr-24 6420 80 1.246% 6579 6261
May-24 6512 92 1.415% 6681 6343

As for the year 2023, Dec shows a closing point of 6090, and there has been an increase from Feb-23 with 6253 to 6420 in Apr-24.

A slight increase can be witnessed from May-24 to 6512, with a total percentage change of 6.49%.

Find all details of Gold Investment here

Gold Rate Target for 6 Month – 24 Carat Gold

Check out the Gold Price Target for the period between Jun 2023 – Nov 2023 for 24 Carat Gold:

Gold Rate Target – 24 Carat Gold – 1 Gram Gold (INR)
Date Gold Rate Change Change% High Low
Jun-23 6090 6145 6035
Jul-23 6168 78 1.267% 6255 6081
Aug-23 6273 105 1.678% 6384 6162
Sep-23 6352 79 1.243% 6484 6221
Oct-23 6452 100 1.548% 6603 6301
Nov-23 6545 93 1.425% 6713 6377

The 24 Carat Gold set of Jun 2023 to Nov 2023 has seen a gradual increase and closing points starting from 6090 on Jun-23 to 6545 on Nov-23 with a change of 6.96%.

This Gold Forecast for 6 Months shows a gradual decrease in 24 Carat Gold price.

Gold Price Prediction for 1 Year – 24 Carat Gold

Check out the Gold Rate Prediction for the period between Dec 2023 – May 2024:

Gold Rate Target – 24 Carat Gold – 1 Gram Gold (INR)
Date Gold Rate Change Change% High Low
Dec-23 6631 86 1.290% 6816 6445
Jan-24 6745 114 1.691% 6947 6543
Feb-24 6817 73 1.065% 7034 6600
Mar-24 6903 86 1.239% 7136 6670
Apr-24 6996 93 1.334% 7244 6748
May-24 7095 98 1.386% 7358 6831

The prediction details for Dec-23 to May-24 for 24 Carat Gold state the minimal fluctuation in Gold Price Targets resulting in minimal total change percentage.

Dec month price is 6631, followed by 6745 in Jan and 6817 in Feb, post which it increases in a uniform speed to reach 7095 in May-24.

The Current Gold Scenario in the Market

Gold is a mineral with exceptional properties that attract human attention for several purposes, including high demand for jewellery.

With its use in coins in the past century, the shift made it dwell even in dentistry, the fashion industry, medicine, and electronics.

Market changes affect pricing, distribution, and sales widely. Gold, an investable asset, undergoes financial troubles in traditional markets but ultimately displays a steady value growth.

Factors affecting Gold Prices in India

If you follow the Gold Trend, you will observe that gold prices go up during volatile economic and geo-political scenarios.

Gold Rate Forecast or Gold Price PredictionFor instance, the gold price has been increasing for the past 6 months owing to multiple global as well as national and economic factors.

One of the biggest reasons for the increase in the price of gold in India and across the globe this year is the ongoing Russian and Ukraine wars.

If you want to analyze gold and make Gold Price Prediction, here are certain factors you need to evaluate for changes in the gold price.

Broadly, there are four factors which are –

Global Factors

In India, gold is procured from different parts of the world, where Switzerland tops the list, followed by UAE and South Africa.

So, multiple global factors influence the gold prices in the country. These include –

Demand and supply

Demand and supply set the basic price of gold as when the demand goes up, the price eventually goes up, and if the supply is not at par with the demand, the price rises drastically.

On the contrary, when the demand is low, and the supply is in abundance, then prices tend to go down.


Inflation and gold prices are like two sides of the same coin. You can hear from your elders that during the general price rise, i.e., inflation, gold is the only money that holds value.

Inflation means the value of currency going down, and during inflationary pressure, people tend to convert their money into gold so that the value doesn’t go down.

This increases the price of gold. The recent price rise of gold is not only attributed to the Russian invasion of Ukraine but also due to excessive inflationary pressure around the globe.

Import duty

In India, gold is imported primarily from other nations, so import duty plays a crucial role in gold price fluctuations. If the import duty goes up, the price of gold eventually increases in India.

Currency fluctuations

Another reason for gold price fluctuation is currency fluctuation. This is also one of the prime reasons for the present rise in gold prices.

The value of the rupee has been declining against the US dollar in the past few months, adding to the rise in gold prices. The reason behind this is the increasing cost of gold imports.

Geopolitical issues

As mentioned above Russian Ukraine war, China-India tension, China-Taiwan tension, and other geopolitical issues are also adding up to the price rise of gold.

People tend to buy gold during economic and geopolitical turmoil, and this increases the price of yellow metal.

Local Factors

Apart from global factors, there are Local factors like –


This impacts the price of gold as most people who purchase gold in India come from a rural background.

Yes, the purchase amount may be lower, but as a huge number of people buy gold, the demand increases, and so does the metal’s price.

Monsoon is related to the demand for gold in rural areas because rural people are mostly dependent on agriculture.

So, with a good monsoon comes a good harvest, and thus their earnings increase, which in turn increases the demand and price of gold.

Indian weddings and jewellery market

Indian weddings and gold are inseparable. Gold pieces of jewellery are still predominant in every Indian wedding.

Thus, during the wedding season, the demand for gold naturally goes up, which again increases the price of the yellow metal.

Long-Term Factors

Many long-term factors influence the price of gold in India. If you want to do Gold Price Forecast, you need to consider these factors and analyze their effect rightly –

Correlation with different asset classes

Gold is one such asset that is like a haven for many people in the country and globally.

So, when other assets like stocks, bonds, mutual funds, and FDs fail to perform well, people tend to shift towards gold investment.

Government reserves

One of the major gold price influencers in the long term is the gold reserve our central bank (RBI) has.

RBI buys and sells gold as well from its reserve. When it goes stricter on its reserve and buys more than it sells, and reserves go up, the price of the metal also rises and vice versa.

Interest rates

If you look at the graph given above, the price of gold was slowing down in the past 2-3 months. Do you know why? This can be due to the increasing interest rate in the nation.

RBI increased a total of 140 basis points in the past 2-3 months, which made FDs and other saving schemes lucrative enough to shift your money from gold to those investment options.

So, with an increase in interest rate, gold prices go down and vice versa.

Short Term Factors

Gold prices are also affected by short-term factors, which are –

Uncertain market conditions

During Covid-19, prices of gold shot up to even Rs.57000+ which is one of the highest till now. The reason behind this drastic increase is uncertainties in the market.

During the pandemic, everything becomes uncertain, which is why people wanted to invest in something which would hold its value.

Stock market crash

Stock market and gold prices are inversely proportional to each other. When one falls, the other goes up.

If you look back in history, whenever the stock market went down drastically, or there was a market crash, gold prices shot up.

The reason is the same, people look for a haven considered to be gold by most people across the globe.

What is XAUUSD?

If you are making Gold Predictions for trading gold, then you should know about XAUUSD. This is nothing but a market name given to the spot commodity gold when traded against the US dollar.

Currently, the XAUUSD is around $1780 for one ounce of gold. The market is bullish at present was given the factors above, as the price if increases for gold.

Effect of Gold Rate Fluctuation

The rate of gold to the end customers depends on its status in the market. As discussed above, the factors that contribute to the rate of gold are dynamic and define the price.

Depending on those factors, the price fluctuates, leading to potential buying, selling, and investing by customers. These fluctuations attract customers if they’re stable and gradually increase or decrease at a slow pace.

During this period, buyers decide the best time to perform activities on the asset. For example, now is the best time to buy gold.

It is because of the prediction that the rate will grow quicker and more than a few hundred dollars for the next few quarters.

Therefore, if a wise decision takes place, the buyer can buy the gold at the current price and sell it in the coming quarters to gain profit.

But, a point to note is that there can be uninvited spikes and lows in the price. It means buyers or traders must be extra conscious of the same terms.

Gold Rate Prediction or Forecast – Conclusion

In trading terms, the forecast or prediction helps investors understand gold rate movement in the market.

It is very beneficial and tracks the operations, involvement, opening, and closing prices. It also determines profit or loss on a daily, weekly, monthly, and yearly basis.

There has been an increase in the demand and sales of gold for the past decade. The analysis clarifies the current and future condition of gold in the market via forecasts and predictions.

Based on this, individual citizens, industrialists, and investors decide their next move.

However, the paper discusses all the possible outcomes of the analysis and briefly describes different situations.

These come as examples that contain essential information for proper understanding.

Gold Rate Forecast FAQs

Here is the list of FAQs on Gold Rate Forecast –

What are the factors that affect the gold rate?

While changing the economy is one of the primary things that result in the changing gold rates. Other things that might also affect gold rates are the change in dollar rates. As it’s a well-known fact that international gold is dollar-denominated.

Where can I check the gold rate forecast or prediction?

We take pride in not just providing the gold rates but also laying out the entire prediction.  In this article, you cannot just find live gold rates but also can eye through the next 30-day forecast of the gold supply and demand industry along with their rates.

Where can we find a gold rate for the next 30 days?

Market predictions often carry a lot of error and uncertainty, and it can be hard to look for reliable sources when it comes to gold rate predictions. We provide our readers with a detailed gold rate map for the next 30 days, talking about the most precise predicted rates with at most certainty.

Is there any calculator for predicting the gold rate?

While various data structures, both market-based and pattern-based, are taken into consideration for predicting gold rates. There are various calculators provided in the article that can be used to predict market scenarios for gold. Setting aside from that norm, it’s to our delight that we provide our readers with gold predictions for the next 30 days and also the next few years, staying intact with maximum certainty.

What is the current gold rate scenario?

Gold has been one of the most precious metals. Be it the fashion industry or the beauty industry, we all know the demand for gold is only touching a new peak with every passing day. While gold is a valuable asset, it undeniably parades a firm value growth to individuals possessing it.

Are these gold rate forecasts accurate?

Our gold rate forecast has been carefully formulated to stand upright with your vision and success. Thus, we provide you with the most accurate data in the given article.

Can I check the current gold price for various cities?

Yes, you can indeed check current gold rates for various cities, mapped carefully with each date to best provide at most clarity.

What are the factors considered for the gold rate forecast?

As the gold rates are interdependent on the dollar, the gold rates are often calculated by the increase and decrease in the dollar value. The market surrounding the dollar very much affects the gold rates in the global market.

What are the other types of gold investment?

There are various types of gold investments: Digital Gold investment, Gold coin investment, Gold bars investments, and Gold ETF investments.

Will gold prices rise in the future?

Yes, the gold rates in the future are seemingly carrying a high rise in the rates. If we were to consider the given 30 days prediction, it is pretty evident that gold rates are listed for a hike.

Find out various types of Gold Investment here


This Gold Rate Forecast or Prediction should be used only for reference & educational purposes. The Data or Information provided may or may not be accurate or reliable for Investment & hence, should be used at one’s own risk. This is not an offer to sell or solicitation to buy any Gold, and Top10stockbroker.com will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek independent professional advice.


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