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Kotak Securities has issued a big estimate regarding the prices of gold in 2026. Gold can touch new record levels due to rate cut, weakness in dollar and global tension. According to the report, gold in India is likely to reach Rs 1.5 lakh per 10 grams next year.
New Delhi. The new report of Kotak Securities has issued a big estimate regarding the prices of gold. According to the report, gold can reach $ 5,000 per ounce in the international market by 2026. Its price in India is expected to touch the level of Rs 1.5 lakh per 10 grams. Even after the sharp rally of 2025, the environment for gold remains strong.
Effect of Federal Reserve’s rate cut
The report suggests that the Federal Reserve may continue cutting rates next year amid the weak labor market, slow economic growth and ever-increasing fiscal deficit in the US. Low interest rates make non-yielding assets like gold more attractive. This trend will also affect the central banks of many countries including India.
Fall in dollar is also a big reason
Kotak’s report says that the risk of decline in the value of the US dollar is increasing, due to which central banks around the world are increasing the share of gold in their reserves. Emerging markets are also adopting the same strategy, due to which the expectation of rise in gold prices becomes stronger.
Increasing gold purchases by investors
Increasing geopolitical tensions, war situations and economic uncertainty around the world have made gold the most reliable safe-haven asset. In 2025, Gold created a new all-time high 50 times and reached $4,380. The report says that despite such a sharp rally, the long-term trend remains strong.
Big reason for sharp rise in India
Gold in India has increased by more than 60 percent in a year and has broken the record of Rs 1,32,000 per 10 grams. Due to weakness in rupee, the Indian market has shown faster growth than the international market. Experts say that this momentum may continue in 2026 also.
How far will gold go in 2026?
Market analysts believe that there may be some stability after the sharp rally of 2025, but bigger factors – like rate cuts, dollar weakness, and geopolitical uncertainty – will keep gold prices higher in 2026. Kotak Securities has clearly said that gold has entered the ‘higher-for-longer’ zone for a long time.
