Gold may jump to ₹1.55 lakh per 10 gram in 2026: JM Financial VP
The year 2025 has been a remarkable one for gold investors, with prices soaring to unprecedented heights. As the year draws to a close, market experts are now looking ahead to 2026, predicting that gold prices could continue their upward trend. According to Pranav Mer, Vice President of JM Financial Services, gold prices could surge to ₹1.50-₹1.55 lakh per 10 gram on the Multi Commodity Exchange (MCX) in 2026.
This prediction comes on the heels of gold futures touching an all-time high of ₹1.40 lakh per 10 gram before ending at ₹1.39 lakh on Friday on the MCX. While these numbers are certainly impressive, Mer cautioned that investors should not expect staggering returns like those seen in 2025. Instead, he predicted a more modest growth in gold prices over the next year.
So, what factors are driving this predicted increase in gold prices? One major factor is the ongoing economic uncertainty, which has led to a decrease in investor confidence in other assets such as stocks and bonds. As a result, investors are turning to safe-haven assets like gold, driving up demand and prices. Additionally, the recent strength of the US dollar has made gold more expensive for investors in other countries, which could also contribute to higher prices.
Another factor that could influence gold prices in 2026 is the upcoming Federal Reserve meeting, where policymakers will decide on interest rates. If the Fed decides to keep interest rates low, it could lead to a surge in gold prices, as low interest rates make gold a more attractive investment option. On the other hand, if interest rates are raised, it could lead to a decrease in gold prices, as higher interest rates make other investments more attractive.
Mer also predicted that silver prices could also see a significant increase in 2026, with prices potentially reaching ₹2.75 lakh per kilogram. This is due to the increasing demand for silver in industries such as solar panels and electric vehicles, which is expected to drive up prices.
While these predictions are certainly encouraging for gold and silver investors, it’s essential to remember that the commodities market is inherently volatile, and prices can fluctuate rapidly. Investors should always do their own research and consult with financial experts before making any investment decisions.
In conclusion, the prediction that gold prices could jump to ₹1.55 lakh per 10 gram in 2026 is certainly an exciting one for investors. However, it’s essential to approach this prediction with caution and consider the various factors that could influence gold prices over the next year. As always, it’s crucial to stay informed and up-to-date on market trends and predictions to make informed investment decisions.
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