By Admin 
Gold Price Outlook for 2026: There was a tremendous rise in the prices of gold in the year 2025. During this period, prices rose by 55 percent. On December 31, 2024, the price of gold was Rs 78,950 per 10 grams, which has now increased to Rs 1,38,550. That means gold has become costlier by Rs 59,600 so far this year. Now the question comes whether this trend of rising gold prices in 2025 will continue in 2026 also or not?
Is gold going out of reach of the middle class?
J.P. regarding this. Natasha Kanaeva, head of global commodities strategy at Morgan, believes that the long-term trend of diversification into gold by central banks and investors will continue. In view of this, we expect that the demand for gold will take the prices to $ 5,000 an ounce by the end of 2026. That means, JP Morgan Global Research is estimating the average price of gold to be Rs 5,055 per ounce (about Rs 1.60 lakh per 10 grams) by the last quarter of 2026. Like JP Morgan, the CEO of the World Gold Council also says that by the end of 2026, gold is likely to reach $ 6,000 per ounce (about Rs 1.92 lakh per 10 grams).
Why are investors running after gold?
Apart from these, Goldman Sachs also expects that next year gold may go up to $ 4900 per ounce i.e. Rs 1,53,000 per 10 grams. Brokerage firm HSBC also has similar thinking. According to this, in the year 2026, the price of gold can go in the range of Rs 1,44,068 per 10 grams.
Generally, the demand for gold as a safe investment increases in an environment of weak US dollar and low interest rates of the US Federal Reserve. Apart from this, geopolitical tensions are also responsible for increasing prices. Investing in gold works as insurance in times of any uncertainty.
People are investing heavily in gold
J.P. “Total demand for gold from investors (ETFs, futures, bars and coins) and central banks in the third quarter of 2025 was approximately 980 tonnes, which is more than 50 percent more than the average of the previous four quarters,” said Gregory Shearer, head of base and precious metals strategy at Morgan.
After rising prices in recent times, there is now hypothetically a possibility of further rise in prices as in the third quarter of 2025, investors invested about $109 billion at an average gold price of 3,458 ounces per dollar, which is equivalent to 950 tonnes, which is about 90 percent more than the average of the last four quarters.
Also read:
Not bank, post office FD is making rich, giving interest up to 7.5% on deposits irrespective of repo rate.