Economists and banking organizations around the globe are making forecasts of Gold Prices that could reach record highs in 2026 due to current global economic circumstances, Central Bank activity, and investment demand for gold. Below is a list of these expert forecasts with an explanation of how they came to these conclusions, as well as tables that provide a monthly prediction for Gold Price.
Gold Price Forecast 2026: Expert Predictions
| Analyst/Bank | 2026 Forecast (₹ per 10g) | Key Drivers | Forecast Date |
|---|---|---|---|
| ICICI Bank | ₹1,10,000–₹1,25,000 | Fed rate cuts, global uncertainty | Sep 2025 |
| Goldman Sachs | ₹1,55,000 (peak possible) | US Fed credibility, rupee depreciation | Sep 2025 |
| J.P. Morgan | ₹4,40,000 per ounce | Strong investment, global demand | Nov 2025 |
| Standard Chartered | ₹1,15,000–₹1,25,000 | Central bank buying, supply issues | Oct 2025 |
| ANZ | ₹1,10,000–₹1,20,000 | Fed easing, global risks | Oct 2025 |
Factors Driving Gold Prices in 2026
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Central Bank Demand: Emerging market central banks are increasing gold reserves to diversify away from the US dollar.
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Geopolitical Risks: Ongoing global tensions and trade issues keep gold attractive as a safe-haven asset.
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Monetary Policy: Expected rate cuts by the US Federal Reserve and other central banks will support gold demand.
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Limited Supply: Environmental and regulatory hurdles are constraining new gold production.
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Investment Trends: ETF inflows and retail investor interest remain strong.
Monthly Gold Price Outlook Table (2026, India)
| Month | Expected Price (₹ per 10g) | Notes |
|---|---|---|
| January | ₹1,10,000–₹1,15,000 | Festive buying, global cues |
| March | ₹1,15,000–₹1,20,000 | Central bank activity |
| June | ₹1,20,000–₹1,25,000 | Possible peak, Fed outlook |
| September | ₹1,15,000–₹1,25,000 | Correction possible if economy improves |
| December | ₹1,25,000–₹1,55,000 | Goldman Sachs peak forecast |
Risks and Possible Corrections
While the overall trend is bullish, experts warn of a possible correction in the second half of 2026 if global economic growth improves and the US Federal Reserve shifts to a more hawkish stance. However, structural demand from central banks and investors is expected to provide a solid floor for prices.
Disclaimer
The information provided in this article is for general guidance and educational purposes only. It is based on expert forecasts, market trends, and public sources as of December 2025. Gold prices are subject to change due to global economic conditions, currency fluctuations, and policy decisions. The actual prices in 2026 may differ from the predictions mentioned here. This content does not constitute financial advice, and readers should consult a certified financial advisor before making any investment decisions. The publisher and author are not liable for any losses or damages arising from the use of this information.
