Gold Price Trend 2024. Hsbc upgraded iifl finance to ‘hold’ after rbi lifted restrictions on its gold loan business, raising the target price to ₹540. Currently, gold is trading above $2,250 per ounce, already surpassing jpmorgan's predictions for the year.
Gold’s value has hit a few more big milestones since that point,. Accumulation zones for gold stands at around $2300/ounce mark.