Gold Enters Long-Term Uptrend Amid Global Risks, De-dollarisation: Report

• Motilal Oswal Financial Services Ltd (MOFSL) reports gold's long-term outlook is bullish due to global de-dollarisation, fiscal stress, and geopolitical tensions.
• Gold prices crossed USD 5,000 per ounce in early 2026, marking a new supercycle rather than a cyclical rally.
• MOFSL expects Comex gold to reach USD 6,000 per ounce in 12 months, potentially hitting USD 7,500 per ounce if geopolitical and fiscal measures intensify.
• Navneet Damani highlights gold's support from diversification away from dollar-centric assets and constrained physical supply.
• Rising geopolitical tensions, trade disruptions, and central bank buying (1,000 tonnes annually) further boost gold's appeal as a reliable asset.