Yes 155000
No 150000
Resolution criteria
This market resolves YES if the price of 24-karat gold in India reaches ₹155,000 per 10 grams on or before March 1, 2026. It resolves NO if the price remains below ₹155,000 per 10 grams on that date.
Resolution will be determined using official gold price data from reputable jewellers in India or the Multi Commodity Exchange (MCX). The closing price on March 1, 2026 will be used for resolution.
Background
As of March 31, 2026, 24-karat gold in India is priced at ₹14,951 per gram, or approximately ₹149,510 per 10 grams. The market is asking whether gold will reach ₹155,000 per 10 grams by March 1, 2026—a level that would require a gain of roughly ₹5,490 per 10 grams from current levels.
Gold prices are influenced by geopolitical tensions, elevated US Treasury yields, volatile crude oil prices, a strong US Dollar, and the hawkish stance of central banks. The USD is a major influencer of gold rate changes in India.
This description was generated by AI.
1,000@Hitu wow! Please check the AI-generated description before using it as it gives a background about March 31st and says that resolution is before and on on March 1st.