Gold price to touch ₹1.60 lakh by Dec 2026 end? Time to buy? What experts say to earn money from yellow metal deals - Livemint

AI desk brief

Livemint says gold in India has risen 26.5% since Dussehra 2025, from about ₹1,17,000/10 gm to ₹1,48,000/10 gm, after hitting an all-time high of ₹1,80,779/10 gm in January 2026. Market experts argue the metal has bottomed and see further upside if the Oct. 27-28 Fed meeting delivers no hike; they say the market has already priced a 25 bp move and that steady rates could trigger a sharp rally through ₹1,50,000.

The call from the article is for gold to reach ₹1,60,000/10 gm by end-2026 and $4,600/oz internationally. The bullish case rests on renewed inflation fears, softer job creation, potential USD weakness, and elevated US bond yields; one strategist also cites CME FedWatch at 85% probability of no change, while warning that Middle East tensions or yield spikes could still shift expectations.