New Delhi: Amid falling gold prices, a rise is once then expected. Due to continuous ownership by inside banks, global economic uncertainty and geopolitical tensions, demand for gold may remain strong in the coming times. According to the report, some fund managers believe that gold can set a new record in the next 12 to 24 months. However, prices may remain under pressure due to US interest rates and strengthening dollar.
What are the four big reasons overdue the rise in gold prices?
Market volatility continues regarding gold prices, but long-term projections still remain positive. Four main reasons are stuff given overdue this.
First, inside banks virtually the world are increasing the share of gold in their foreign mart reserves. Second, geopolitical tensions globally are attracting investors towards safer investment options. Third, increasing government debt in many countries including America is increasing economic concerns. Fourth, gold is moreover stuff purchased as a strategy to reduce dependence on the dollar and diversify its reserves.
How much support is gold getting from purchases by inside banks?
According to preliminary data from the World Gold Council, inside banks bought well-nigh 63 tonnes of gold in September 2026. This is said to be the biggest purchase in a month without November 2024. This demand from inside banks is supporting the long-term prospects of gold.
Central banks consider gold an important part of their reserves. Gold can wilt an option for diversifying reserves during times of economic uncertainty and international financial risks. However, despite unfurled ownership by inside banks, it is not necessary that gold prices rise every day.
Can gold make a new record by 2028?
According to the Financial Times report, some investment managers expect gold prices to hit new records in the next 12 to 24 months. In January 2026, the price of gold in the international market at one time reached whilom 5,500 dollars per troy ounce. Without this a ripen in prices was moreover seen.
Factors like purchases by inside banks, increasing government debt and uncertainty well-nigh the global economy are overdue the positive estimates of experts. However, this is a market estimate, not a definitive prediction. In the coming months, US monetary policy, movement of the dollar and demand from investors can play an important role in deciding the direction of gold.
What reverted in the prices of gold and silver in the international market?
On October 16, 2026, the price in Comex Gold Futures was trading at 4,177.50 dollars per troy ounce with a proceeds of 0.18 per cent. At the same time, silver futures increased by 0.48 per cent, and the price reached 57.43 dollars an ounce.
However, older US inflation data and fears of a possible increase in interest rates had put pressure on precious metals. Higher interest rates may put pressure on investments like gold, which do not yield regular interest.
What is the condition of gold prices in India?
Despite slight recovery in the international market, there was pressure on gold and silver prices in the domestic market. According to PTI report, the price of gold fell by Rs 900 to Rs 1.49 lakh per 10 grams in New Delhi on Thursday. This was the fourth subsequent trading session when prices declined. At the same time, silver became cheaper by Rs 6,000 to Rs 2.15 lakh per kg.
Apart from the international market, domestic prices are moreover unauthentic by the movement of rupee, local demand and import costs. Therefore, it is not necessary that when the international market rises, the gold prices in the Indian market should increase in the same proportion.
