Gold, Silver Set for Strong 2026: Targets Up to ₹1.6 Lakh, $5,200 Amid Rate Cuts

• Gold and silver prices are expected to maintain upward momentum in 2026, driven by global rate cuts, safe-haven demand, and industrial use.
• MCX gold hit ₹1,40,465 and COMEX gold reached $4,584 this week, marking new all-time highs.
• Analysts project MCX gold to reach ₹1.50-₹1.60 lakh per 10 grams and COMEX gold $5,000-$5,200 per ounce by 2026.
• Silver surged over 15% on MCX to ₹2,42,000, with 2026 targets up to ₹2.75 lakh per kg, supported by EV/solar demand and potential China export curbs.
• Market awaits US Fed FOMC minutes and November home sales data next week; geopolitical tensions and de-dollarization also support bullion.

Why It Matters: Gold and silver are poised for continued strength in 2026, with significant price targets despite potential volatility.