Gold Rate Weekly Prediction, 6-11 April: Will Gold Rate in India Continue Uptrend After Rally of 28,400/24K?

Gold rates in India remained steady in the latest trading session after witnessing a strong rebound over the past two weeks. The yellow metal has managed to hold above key support levels and closed on a positive note around Rs 1,49,650 per 10 grams, reflecting a gain of nearly 1.9% during this period.

Despite some indecisive movement in the past week, the overall trend continues to show resilience supported by global and domestic factors.

Gold Rate in India: Check Latest 24K, 22K and 18K Prices Per Gram

As per the latest available data on GoodReturns, gold prices across all purity levels remained unchanged compared to the previous session, indicating a pause after recent volatility.

For 24 Karat (24K) gold, the rate for 1 gram stands at Rs 15,093, unchanged from the previous day. The price for 8 grams is Rs 1,20,744, while 10 grams is priced at Rs 1,50,930. On a bulk scale, 100 grams of 24K gold is valued at Rs 15,09,300.

In the 22 Karat (22K) segment, 1 gram is priced at Rs 13,835 with no change. The rate for 8 grams is Rs 1,10,680, while 10 grams stands at Rs 1,38,350. For 100 grams, the price is Rs 13,83,500, also unchanged from the previous session.

Similarly, 18 Karat (18K) gold rates remained stable. The price for 1 gram is Rs 11,320, while 8 grams costs Rs 90,560. The 10-gram rate is Rs 1,13,200, and 100 grams is priced at Rs 11,32,000.

The stability in domestic prices comes after a phase of strong recovery, suggesting that the market is currently consolidating after recent gains.

MCX Gold Trends: Weekly Gains Amid Volatility

In the derivatives market, gold prices on the Multi Commodity Exchange (MCX) recorded a notable weekly gain of 3.56%. The upward movement was largely driven by safe-haven demand amid ongoing geopolitical tensions involving the US, Israel and Iran.

However, the rally was partially capped as the US dollar strengthened and oil prices surged following statements by US President Donald Trump regarding intensified military action. This led to renewed concerns about inflation and the possibility of higher interest rates for a longer period, which typically weighs on gold prices.

At the same time, Iran's stance on maintaining control over the Strait of Hormuz and rejecting ceasefire claims added to global uncertainty, keeping demand for gold intact.

Interestingly, gold traded at a premium in India for the first time in nearly two months, indicating improved domestic demand. In contrast, premiums in China softened slightly as buyers waited for further price corrections. Central banks also continued to accumulate gold, supporting long-term price trends.

Gold Price Weekly Prediction For April 6 to 11, 2026: Technical Outlook Signals Positive Bias

"Price has sustained over its key moving averages, i.e., 100 and 200 DEMA levels placed at 1,44,067 and 1,30,586 respectively. Daily SAR is placed at 1,30,093. With the current price rebound, we can observe a gradual rise in OI level to 6,650 lots, suggesting long build-ups in the current contract. RSI levels are maintained around the 50 level on daily and weekly timeframes. Also, we can observe a bullish crossover on daily MACD below the zero line with the emergence of positive histograms, which collectively suggests a positive bias in gold prices," Choice Broking report stated.

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