Gold price prediction 2026: Will the shine continue with a 12-15% rise to ₹170,000?

New Delhi(The Uttam Hindu): Gold prices are expected to rise by 12-15% in 2026, with the current price of 24-carat gold per 10 grams around ₹135,070 potentially reaching ₹150,000-₹170,000 by the end of 2026. Factors influencing gold prices include the dollar-rupee exchange rate, import duties, GST, and other taxes, as well as geopolitical tensions, global economic slowdowns, and central bank purchases.

Experts predict gold could hit ₹1.85 lakh-₹2 lakh per 10 grams in 2026, driven by central bank demand, inflation concerns, and global uncertainties. The World Gold Council forecasts a 15-30% rise in gold prices in 2026, with potential targets of $4,500-$5,000 per ounce.

Key Factors Affecting Gold Prices:

- Dollar-Rupee Exchange Rate: A stronger dollar or weaker rupee increases gold prices in India.

- Geopolitical Tensions: Wars and global economic uncertainty drive demand for safe-haven assets like gold.

- Central Bank Purchases: Increased buying by central banks supports gold prices.