Gold Hits Record Highs, Experts Predict Continued Surge in 2026
Explainers
F
Firstpost•31-01-2026, 11:29
Gold Hits Record Highs, Experts Predict Continued Surge in 2026
- •Gold reached fresh record highs in both domestic (Rs 1.80 lakh/10 grams) and international ($5,591.61/ounce) markets, though it saw a significant dip on Thursday evening.
- •The surge is attributed to safe-haven demand amidst geopolitical and economic uncertainty, increased government debt, and monetary policy concerns.
- •While traditional Indian retail investments include FDs, real estate, and equities, gold is gaining traction due to equity volatility, low FD returns, and unaffordable real estate.
- •World Gold Council predicts a decline in jewellery demand in India for 2026 but expects investment demand, particularly in ETFs, to rise significantly.
- •Experts like Goldman Sachs and JP Morgan are bullish on gold, forecasting further price increases of 30-45% by end-2026, potentially reaching $6,100-$6,700 per ounce.
Why It Matters: Gold is surging due to global uncertainties, attracting investors despite volatility, with experts forecasting continued growth.
✦
More like this
Loading more articles...
