Gold Price Prediction: Meanwhile, there was some reduction in the prices of gold, so people heaved a sigh of relief. But it is once again predicted to reach record high level.

This is because in the coming time, investors will be in alert mode regarding the decision of the Federal Reserve regarding interest rates in America and the MPC meeting of the Reserve Bank. Apart from this, developments like job and inflation figures in America, peace deal between Russia and Ukraine will also be in focus.

Focus on many big developments

According to news agency PTI, Pranav Mer, Vice President, EBG – Commodity and Currency Research, JM Financial Services Limited, said, “Gold is moving out of the consolidation range as investors are paying attention to manufacturing and services PMI data of different regions, US Jobs data and consumer sentiment. Apart from this, Fed Chair Jerome Powell’s speech on Monday, Russia-Ukraine peace talks. Traders will keep an eye on RBI’s development and RBI’s policy meeting on Friday.

Price increased in international market

Gold futures for February 2026 contract on the Multi Commodity Exchange closed at Rs 1,29,504 per 10 grams on Friday, up Rs 3,654 or 2.9 per cent from last week. At the same time, during the last week, Comex gold futures for December delivery in the international market increased by US $ 138.8 or 3.4 percent and on Friday it closed at US $ 4,218.3 per ounce.

Similarly, fluctuations of rupee against dollar and domestic demand in Indian markets have affected the prices of gold. According to Prathamesh Mallya of Angel One, the prices of precious metals remain high due to the festive season, celebration of weddings and continuous buying of jewellery. He also said that it is expected that central banks around the world will continue purchasing gold in the coming times. Experts say that gold may reach record high levels in the coming time because the demand for safe-haven will remain intact amidst expectations of continuous rate-cuts, weakness of the US dollar and geopolitical uncertainties.

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Gold Price Prediction 2026: This year, there has been a tremendous rise in the prices of gold. The price of gold has increased by about 61 percent on an annual basis, due to which it has proved to be the option that gives the highest returns to investors compared to shares, bonds and other investment instruments. However, now the question is being raised in the market whether this rise will continue in the coming time or there will be a decline in gold prices.

analysts estimate

According to ANZ Bank, there may be a huge fall in gold prices next year. The main reasons for gold reaching record levels this year are believed to be geopolitical tension, economic uncertainty, weakness of the dollar and possible cut in US interest rates. Spot gold touched an all-time high of $ 4,225.69 an ounce and then rose 0.4 percent to $ 4,224.79.

Whenever there is uncertainty or crisis in the global markets, investors increase investment in gold as a safe asset. According to the ANZ report cited by Reuters, gold prices may reach $ 4,400 an ounce by the end of this year, while by June 2026 it may go around $ 4,600. However, after this, there is a possibility of a big fall in prices in the second half of next year.

advice for investors

According to the ANZ report, investors will still continue to be attracted towards gold due to factors like political instability, tariff disputes and geopolitical tensions. The report also estimates that silver prices could reach $57.50 an ounce by mid-2026. However, if the stance of the US Federal Reserve (US Fed) becomes tougher or the US economy continues to perform better than expected, then the opposite effect may be seen and gold prices may fall.

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