India · economy · resolves 2026-11-30
Will the gold price in Chennai, as reported by the Indian Bullion and Jewellers Association (IBJA), exceed INR 5,000 per 10 g on 2026-11-30?
97%chance, per Kāla
Why
Base rate: Historically, the 10 g gold price in Chennai has been well above ₹5,000 for decades, with occasional short‑term dips still staying far higher than that level. Latest evidence: Recent market reports (e.g., Mint on 2026‑10‑19) show December 2026 futures trading around ₹1.48 lakh per 10 g, and even a “crash” in early October still left retail prices in the tens of thousands of rupees, far exceeding ₹5,000.
Based on 14 dated sources · first forecast 2026-10-20 · 5 updates · locked in and fingerprinted before the answer is known.
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