Will Gold Price Go Down In 2024 In India. Domestic gold prices often trade at a discount when international gold prices surge. One of the key factors driving optimism in gold prices for the upcoming year is the expected interest rate cuts from the us federal reserve and the reserve bank of india.
The world gold council (wgc) has raised its projection for india ‘s gold consumption in 2024 to 850 tonnes from 750 tonnes. April 7 saw indiaโs gold price discount averaging us$12/oz, down from us$24/oz in march.
