Gold's 2026 Forecast: Will Prices Soar to ₹1,50,000 or Face Pressure?

• Gold prices saw a slight dip after reaching record highs, with MCX futures at ₹1,35,668 per 10 grams and global spot gold at $4,448.23 per ounce.
• The metal experienced a nearly 80% rally in 2025, driven by lower US interest rates, a weaker dollar, geopolitical tensions, and central bank purchases.
• Experts like Jatin Trivedi predict near-term volatility, with gold trading between ₹1,35,000 and ₹1,42,000 per 10 grams, while Aksh Kamboj expects stability despite corrections.
• Analysts forecast gold's uptrend to continue into 2026, potentially reaching ₹1,50,000 per 10 grams domestically and $5,000 per ounce globally within 12-18 months.
• Risks include significant US interest rate hikes, a stronger dollar, or reduced geopolitical tensions, but a massive drop is deemed unlikely, presenting buying opportunities.

Why It Matters: Despite short-term volatility, gold's long-term uptrend is expected to continue, making dips buying opportunities.