Gold may jump to ₹1.55 lakh per 10 gram in 2026: JM Financial VP
The gold market has been a topic of interest for investors and traders alike, with its prices fluctuating constantly. Recently, gold prices have been on the rise, and according to Pranav Mer, Vice President at JM Financial Services, this trend is expected to continue in 2026. In a recent statement, Mer predicted that gold prices could surge to ₹1.50-₹1.55 lakh per 10 gram on the Multi Commodity Exchange (MCX) in 2026.
This prediction comes after gold futures touched an all-time high of ₹1.40 lakh per 10 gram before ending at ₹1.39 lakh on Friday on the MCX. The recent surge in gold prices can be attributed to various factors, including a weak US dollar, rising inflation, and a decline in interest rates. These factors have contributed to an increase in demand for gold, leading to higher prices.
However, Mer also cautioned that the returns on gold investment in 2026 may not be as staggering as they were in 2025. The gold market is known for its volatility, and investors should be prepared for fluctuations in prices. Despite this, the predicted price range of ₹1.50-₹1.55 lakh per 10 gram is still a significant increase from the current prices, making gold a potentially attractive investment option for those looking to diversify their portfolios.
The expected rise in gold prices can be attributed to various macroeconomic factors. The US Federal Reserve’s decision to keep interest rates low has led to a decrease in the value of the US dollar, making gold a more attractive investment option. Additionally, the ongoing geopolitical tensions and rising inflation have contributed to an increase in demand for gold, driving up prices.
In addition to gold, silver prices are also expected to rise in 2026. According to Mer, silver prices could surge to ₹2.75 lakh per kilogram. This prediction is based on the expected increase in demand for silver, driven by its use in various industrial applications, including solar panels and electronics.
The predicted rise in gold and silver prices is good news for investors who have been holding onto these precious metals. However, for those looking to invest in gold or silver, it’s essential to keep in mind that the market can be volatile, and prices may fluctuate rapidly. It’s crucial to do thorough research and consider various factors before making an investment decision.
In conclusion, the prediction by Pranav Mer, Vice President at JM Financial Services, that gold prices could surge to ₹1.50-₹1.55 lakh per 10 gram on the MCX in 2026 is significant. While the returns on gold investment in 2026 may not be as staggering as they were in 2025, the expected rise in prices makes gold a potentially attractive investment option for those looking to diversify their portfolios. As with any investment, it’s essential to do thorough research and consider various factors before making a decision.
The gold market is constantly evolving, and investors should stay up-to-date with the latest news and trends to make informed decisions. With the expected rise in gold and silver prices, it’s an exciting time for investors who are looking to capitalize on the potential gains in the precious metals market.
As the market continues to evolve, it’s essential to keep a close eye on the trends and predictions made by experts like Pranav Mer. By doing so, investors can make informed decisions and potentially reap the benefits of investing in gold and other precious metals.
In the coming year, it will be interesting to see how the gold market unfolds and whether the predicted prices will be reached. One thing is certain, however – the gold market will continue to be a topic of interest for investors and traders alike, and its volatility will keep everyone on their toes.
For now, investors who are looking to invest in gold or silver should consider the predicted price range and make informed decisions based on their individual financial goals and risk tolerance. As always, it’s essential to do thorough research and consider various factors before making an investment decision.
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