10 Gold Price Predictions in Rupees (Updated) | Gold Rate Prediction 2021

Blogs

10 Gold Price Predictions in Rupees (Updated) | Gold Rate Prediction 2021

26 Oct 2021
10 Gold Price Predictions in Rupees (Updated) | Gold Rate Prediction 2021
profile_avatar
Crowdwisdom360
609457
According to analysts, Gold price prediction (COMEX) for Tuesday, 26th October 2021 is in a trading range of $ 1791 (Rs 43,197) to $ 1818 (Rs 43,848). Gold price prediction (MCX - Oct) in India for Tuesday, 26th October is in a trading range Rs 47,767 and Rs 48,359
Average Gold price prediction (COMEX) for the year end 2021 on the basis of the last 10 forecasts is $ 1961 (Rs 46,012). In a separate poll, the median forecast for Gold in 2021 was $ 1784 (Rs 42,778). Gold price prediction (MCX) in India for 2021 on the basis of the last 5 forecasts is Rs 60,300. 

Please note Gold Prices in India are reported on a per 10 gm basis for 24 carat Gold.


Gold Price Prediction India: 26th October 2021, Latest Price Update


Current Gold Prices: International COMEX Gold is trading 0.02% lower at $ 1806.50 on 26th October. (Rs 43,571 per 10gm of 24 carat Gold)

In India, MCX Dec Gold was trading 0.88% higher at Rs 48,220 on Monday (25th Oct). 

Gold price in Mumbai (Retail) closed at 49,715 on Monday 25th October.


Will Gold Price decrease in the coming days? 26th October 2021

According to analysts, the current short term momentum for Gold is positive. Bullish to Bearish/ Neutral forecasts are in the ratio of 2:0


अगर आप इसे हिंदी में पढ़ना चाहते हैं, तो यहां क्लिक करें


Gold Price Prediction: Technicals for 26th October 2021

 

Support

Resistance

FXEmpire

$ 1792

$ 1830

FXStreet

$ 1779 (S3) 

$ 1814 (R1)

Investing.com

$ 1803 (S3) 

$ 1809 (R1)

in.Investing.com

Rs 47,767

Rs 48,359

Positive Forecasts

[25th Oct] Gold gives up initial gains

[25th Oct] XAU/USD eyes upside as greenback remains vunerable

[22nd Oct] XAU/USD flirts with $1,790 hurdle on mixed concerns ahead of US PMI

[20th Oct] XAU/USD portrays sideways movement near $1,770

[20th Oct] Yellow metal likely to witness breakout, traders can initiate fresh buy at current level

[20th Oct] MCX gold to trade in Rs 47100-47500 range; Nov-Dec bullish for yellow metal

Negative/ Neutral Forecasts

NoneGold Price Prediction: 10 Gold Price Predictions and Forecasts (International)

Gold Prices are reported on a per 10 gm basis for 24 carat Gold. 

Institution

Target Price for 2021

Date Given

Fitch $ 1780 June 9th
Axis Securities $ 2000 Apr 10th
Saxo Bank $ 2000 Apr 9th
Wells Fargo $ 2200 Mar 29th
Invesco $ 1850 Mar 23rd
RBC $ 1732 Mar 22nd
ANZ Bank $ 2100 Feb 25th
Goldman Sachs $ 2000 Feb 24th
Citibank $ 1950 Feb 23rd
CommerzBank $ 2000 Feb 22nd

Gold Price Prediction India: 5 Gold Price Predictions and Forecasts (India)

Institution

Target Price for 2021

Date Given

Anand Rathi Rs 50,000 Apr 6th, 2021
Ranka Jewellers Rs 63,000  Jan 9th, 2021
Tradebulls Securities Rs 62,000 to 65,000 Dec 31st, 2020
Religare Broking Rs 65,000 Dec 31st, 2020
Commtrends Risk Rs 60,000 Dec 27th, 2020

Gold Price in India: Gold Rate in Various Cities in India

City

Price on 23rd October

Price on 25th October

Mumbai Rs 49,500 (Highest) Rs 49,715 (Highest)
Ahmedabad Rs 49,375 Rs 49,580
Delhi Rs 49,465 Rs 49,680
Jaipur Rs 49,325 (Lowest) Rs 49,530 (Lowest)
Kolkata Rs 49,325 Rs 49,590
Bangalore Rs 49,325 Rs 49,550
Hyderabad Rs 49,350 Rs 49,570
Chennai Rs 49,375 Rs 49,610
Kochi Rs 49,380 Rs 49,615

*highest/lowest in the 9 cities on that day


Participate in Crowdwisdom360's Favourite Bank Survey


Gold Price Prediction India: Long Term Views

Positive

  1. Gold above $3,000 an ounce? This investor thinks so

  2. Gold has had a tough year, but things could turn around in the second half, market analyst says

  3. Long-term outlook bullish on gold; silver prices to remain under pressure: Nirmal Bang Commodities

  4. CNBC TV18: Why Digital Gold should be a part of portfolio

  5. Axis Securities: Gold continues to be a preferred asset class for 2021

  6. TheHindu: Medium term outlook positive for Gold

  7. Incrementum: 45% chance Gold could hit all time high this year

Negative/ Neutral

  1. OCBC: Gold headed to $ 1500 by end of 2022

  2. Russell Clark Investment: Bearish on Gold due to price vs price of Food and Liquidity

  3. Baystreet: Gold could reverse course in second half


Read this thorough analysis about the relationship between Fed balance sheet and Gold Prices. Read this on what explains movement of Gold prices

Watch this space for more updates on Gold Price Forecast.


Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends on Investments in Gold. Please consult a registered advisor to guide you on your financial decisions.


Rewards
Redeemable coins
0

Redeem Coins
Free entry into one Non-Mega game
2000 coins
Rs 100 Amazon Voucher
7000 coins
My Profile
Purchase History
No purchase history available
OK
Wallet History
Available Coins

4050

You won the World Cup prediction game.
Game . 16 July 2019
+ 20000
You won the World Cup prediction game.
Game . 16 July 2019
- 20000
You won the World Cup prediction game.
Game . 16 July 2019
+ 20000
You won the World Cup prediction game.
Game . 16 July 2019
+ 20000
You won the World Cup prediction game.
Game . 16 July 2019
+ 20000
Notifications
Redeem Coins
Redeemable Coins Available
0
Note : Only Coins which you earn
can be redeemed. Purchased or
Bonus Coins cannot be
redeemed.

Coins will be redeemed in 2
working days
Redeem History
Redeemable Coins Available

0500

Redeemed Points
600
01 August
05:00 PM
Redeemed Points
600
01 August
05:00 PM