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New Delhi: Gold prices have risen by more than 60 percent in 2025 so far. But will this boom continue in 2026 or not? This is a big question. Many people's predictions about this are also coming to the fore. The CEO of the World Gold Council has stated in his latest statement that the price of gold may jump by about 39 percent from the current level. If this happens, the price of gold in the international market may cross the level of 6 thousand dollars. If you look at it in Indian Rupees, gold can cross the level of Rs 1.90 lakh per 10 gram. This means that Gold is getting ready for another new upswing. Let us also tell you what the CEO of the World Gold Council has said.
David Tait, Chief Executive of the World Gold Council said that the rise in gold prices are not showing any signs of stopping. Prices are likely to remain high until 2026 and possibly reach $6,000 per ounce (roughly Rs 541,920 per ounce and Rs 1.90 lakh for 10 grams). One ounce of gold is equal to 28 grams. Tait said that there are strong signs of continuation of high gold prices in 2026.
He said that many people are estimating $6,000, and to be honest, this figure seems very close given the current circumstances. On Wednesday, gold was trading at $4,321 per ounce, which is 60 percent more than last year. Tait said there could be several reasons for this upswing. The biggest reason for this includes the demand of safe havens and the buying of central banks as well as investment in ETFs. Its effect can be seen in the price of gold.
Gold prices are trading lower in foreign markets on Thursday. In the Comex market of New York, the price of gold futures fell by about 14 dollars per ounce to 4,360.30 dollars per ounce. Whereas gold spot prices are trading at $4,328.02 per ounce with a decline of more than $10. In European markets, gold prices declined by 7.15 euros per ounce to 3,688.03 euros per ounce and in Britain gold is trading at 3,237.21 pounds per ounce with a drop of 6.40 pounds per ounce.
On the other hand, there is pressure in the gold prices in the country's futures market Multi Commodity Exchange. If you look at the data, there is pressure in the gold prices on MCX. During the trading session, gold prices went down by Rs 722 to Rs 1,34,172 per 10 grams. Whereas in the morning gold opened at Rs 1,34,736 per ten grams and one day earlier it closed at Rs 1,34,894 per 10 grams.
(Disclaimer: This article is only meant to provide information. TV9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, gold, silver and crypto assets.)
