Business

Gold’s winning streak to continue through 2026: Experts

Published by
Abdul khalique

ISLAMABAD: Gold has been one of the best-performing investments in recent years, and experts predict that this trend will continue into 2026.

According to the latest forecasts from global financial institutions and investment banks, the price of gold could reach historic levels by the end of the year.

According to international investment bank Goldman Sachs, the price of gold could reach around $4,900 per ounce by the end of 2026, mainly due to global economic conditions and strong demand.

J.P. Morgan has taken an even more aggressive approach, predicting that the price of gold will reach $5,055 per ounce by the end of 2026, due to large-scale gold purchases by central banks and loose monetary policies.

According to Deutsche Bank, the average price of gold in 2026 is likely to be $4,450, but the price may fluctuate between $3,950 and $4,950 during this period.

Morgan Stanley has relatively cautiously projected the price of gold to be $4,400 per ounce, while Bank of America says the average price could be $4,538 and could even approach $5,000 under favorable conditions.

According to experts, the main reasons for the increase in gold prices include an increase in reserves by central banks.

The factors also include a possible reduction in interest rates, global political and economic uncertainty, and growing demand for gold as a safe-haven investment. Central banks in emerging economies, in particular, are making gold an important part of their reserve policy.

Gold Rates Today

However, the price of gold has declined after a big increase in the past two days.

In the first two days of the business week, the price of gold per tola increased by Rs 12,400.

Today, the price of gold per tola decreased by Rs 1,200, after which the new price is Rs 466,762.

With a decrease of Rs 1,028 in the price of 10 grams of gold, the new price has become Rs 4173.

With a decrease of $ 12 in the price of gold in the global market, the price per ounce has reached $ 4,444, while there has been no change in the price of silver.

Abdul khalique

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