📷 Image: Wikimedia Commons / Abbott, Jacob, 1803-1879
Business
Will 10‑Gram Gold Reach ₹1.80 Lakh by Diwali 2026?
✍️ kanaknews.com
🗓 03 Oct 2026, 05:37 PM
👁 14
Analysts predict that the price of 10 grams of gold could climb to ₹1.80 lakh by the 2026 Diwali, reflecting a steep rise from current levels.
Gold prices have been on a steady upward trajectory, with the latest forecasts suggesting a significant jump by the next Diwali. According to market analysts, the cost of 10 grams of gold could reach ₹1.80 lakh in 2026, up from the current approximate value of ₹1.20 lakh.
The projection is based on a combination of factors, including sustained demand during the festive season, limited supply due to lower mining output, and a strengthening Indian rupee against major currencies. Global economic conditions and commodity market trends also play a role in shaping these expectations.
Industry experts warn that while the forecast offers a hopeful outlook for investors, it also highlights the volatility inherent in precious metal markets. They advise buyers to monitor price movements closely and consider hedging strategies to mitigate risk.
The potential rise in gold prices will likely influence consumer purchasing patterns, with many opting to buy gold jewelry and ornaments ahead of Diwali celebrations. Retailers and jewelers are preparing for a possible surge in demand, which could further impact pricing dynamics in the months leading up to the festival.
The projection is based on a combination of factors, including sustained demand during the festive season, limited supply due to lower mining output, and a strengthening Indian rupee against major currencies. Global economic conditions and commodity market trends also play a role in shaping these expectations.
Industry experts warn that while the forecast offers a hopeful outlook for investors, it also highlights the volatility inherent in precious metal markets. They advise buyers to monitor price movements closely and consider hedging strategies to mitigate risk.
The potential rise in gold prices will likely influence consumer purchasing patterns, with many opting to buy gold jewelry and ornaments ahead of Diwali celebrations. Retailers and jewelers are preparing for a possible surge in demand, which could further impact pricing dynamics in the months leading up to the festival.