Gold to Hit Rs 1.69 Lakh: Goldman Sachs Predicts Continued Rally in 2026

• Goldman Sachs forecasts gold prices to reach Rs 1.69 lakh per 10 grams in 2026, a 12% increase from current levels.
• The rally is driven by central banks' heavy gold purchases, shifting reserves from the dollar.
• Anticipated 50 basis point interest rate cuts by the US Federal Reserve in 2026 will boost gold's appeal.
• Global macro risks and policy uncertainties are pushing private investors towards gold as a safe-haven hedge.
• Gold has already delivered over 11% returns in 2026, following a historic 64% jump in 2025.

Why It Matters: Goldman Sachs predicts gold prices will continue to surge in 2026, potentially reaching Rs 1.69 lakh.