Gold price will reach Rs 31000 for 1 gram: Check today gold rate

Gold Price: The price of gold has been on an extraordinary run in the past year. The question for many is whether this great run will continue like this. According to Ed Yardeni, head of Yardeni Research, the price of gold may cross Rs 31,000 per gram in 2029.

Ed Yardeni, the President of Yardeni Research, has issued a bold long-term forecast that gold could reach $10,000 per ounce by 2029. When you translate that international target to the Indian market, it does indeed align with a price of roughly ₹31,000 per gram.

Currently, the price of gold on the Commodity Exchange in New York, America, is $ 4,400 per ounce. Ed Yardeni estimates that its price may rise to $ 10,000 per ounce in 2029. One ounce is 28.3495 grams. $ 10,000 per ounce means about $ 352 per gram. It is Rs 31,740 in Indian currency.

If Ed Yardeni’s prediction comes true, the price of one gram of gold may cross Rs 31,000 or Rs 32,000 in the next three years. The current price of one gram of gold in India is Rs 13,500. The price may increase by two and a half times. In 2025, the price of gold has increased by 67 percent. Those who have invested in gold have been getting good returns in the last few years.

Ed Yardeni, a market analyst, is very positive about the Indian equity market. The market here has grown very strongly for many years. He feels that 2026 will be the year of stabilization. Stating that the Indian equity market will reach new heights if it succeeds in trading with the US, he said that the markets of both India and China offer good opportunities.

Similarly, if he has to choose one of the two countries, he would prefer India. ‘My priority is to invest in India. “That’s because India has a better legal and corporate system than China,” he analyzed, who is also the chairman of Yardeni Research.

Today, December 23, 2025, gold prices in India have seen a significant jump, reaching new record highs. On average, the price for 24K gold has climbed to approximately ₹13,850 per gram.

Here is a breakdown of the rates across major cities and categories:

Gold Rate per 1Gram and 10 Gram(December 23, 2025)

24K Gold (99.9% Pure) – Rs 13,855 – Rs 1,38,550

22K Gold (Jewellery) – Rs 12,700 – Rs 1,27,000

18K Gold (Low Purity) – Rs 10,391 – Rs 1,03,910.

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