Story Content
On April 6, 2026, gold prices in India opened slightly below the price of the commodity. As of today, 24K gold is trading at ₹15,092 per gram (₹150,920 per 10 grams), while 22K gold stands at ₹13,834 per gram. There was a slight fall in prices amounting to 1 gram lower than the one witnessed a day ago.
Global gold futures contracts at COMEX traded at levels of around 4,670-4,700 per ounce due to prevailing geopolitical and inflation fears. In India, the MCX gold future for June 2026 traded to close the facts close to ₹149,610-150,000 levels at the last session.
Is it a good time to buy gold now or not?
Analysts are still very optimistic about gold in 2026. Bigger banks such as JPMorgan and Goldman Sachs predict that the gold price will reach a high of between 5,000 and 5,400 dollars per ounce at the end of the year due to central bank purchases, diversification of portfolios, and incessant global risks. Temporary fluctuations are predicted following the movements of the US dollars and anticipations of interest rates.
Even with current levels of near all-time highs, there are still values for the long-term investors or when buying weddings/jewelry. To the traders, a better entry point may be found at a dip to 145,000 to 147,000 per 10g. Before investing, always have in mind charges, GST, and risk appetite. The prices may be a bit different across the cities and jewelers. Keep abreast of live MCX.




Comments
Add a Comment:
No comments available.