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Economic Survey sees gold prices supported by global risks in 2026

The Economic Survey said gold prices may stay supported in 2026 amid global risks, though returns could moderate as inflation, rates, and currency volatility evolve.
Gold prices surged to record levels as global uncertainty, geopolitical risks, and central bank buying boosted safe-haven demand, the Economic Survey noted. The report said gold’s outlook in 2026 remains supportive amid elevated inflation risks, currency volatility, and rising global debt. However, returns may moderate as financial conditions stabilise, with price movements driven by interest rates, dollar trends, and investor allocation behaviour.