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Central-bank buying, ETF inflows to keep gold shining

hellohimachalse@gmail.com 07 Nov 2026 1 day ago

New Delhi: Gold prices in the domestic market could climb to Rs 1.60-1.68 lakh per 10 grams over the next 6-12 months, with price corrections offering buying opportunities amid sustained investment demand and central-bank purchases, according to a report by Motilal Oswal Financial Services Ltd (MOFSL).

The brokerage projected international gold prices to reach $4,500-4,700 per ounce in the medium term, while domestic prices could touch Rs 1.48 lakh per 10 grams in the short term.

In its latest precious metals report, titled ‘Gold’s Rally: Deferred, Not Derailed’, MOFSL said gold has witnessed considerable volatility in 2026 after an exceptional rally in 2025.

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