Gold Soars to Record Highs, Experts Predict Further Rally Until 2026

• Gold prices are at all-time highs globally and in India, with MCX gold hitting ₹1,40,465 per 10 grams on December 26.
• Expectations of interest rate cuts by the US Federal Reserve and other central banks are a primary driver for the gold rally.
• A weaker dollar, safe-haven demand, de-dollarization trends, and geopolitical uncertainties further bolster gold's appeal.
• Experts like Pranav Mer (JM Financial Services) and Prathamesh Mallya (Angel One) forecast international gold at $5,000-$5,200/ounce and domestic prices up to ₹1.60 lakh/10 grams by 2026.
• Investors are closely watching upcoming US FOMC minutes, Bank of Japan meeting, and global economic developments.

Why It Matters: Gold's record rally is fueled by rate cut expectations and global uncertainties, with significant gains predicted by 2026.