- ‘Fit Cop’ app to be launched for 90,000 personnel
- AP govt committed to holistic development
- Higher turnout recorded in Kotia region
- BRS launches grassroots drive for graduate MLC polls
- Vizagites excited over India–Sri Lanka ODI
- No code, no laptop: IT professionals build 57 AI agents in 35 minutes
- Nalgonda woman goes missing during morning walk in Boston
- Students told to stay away from drugs
Central-bank buying, ETF inflows to keep gold shining
In Short
Motilal Oswal projects domestic gold prices to reach Rs 1.60–1.68 lakh per 10 grams within 6–12 months, driven by investment demand and central-bank buying.
Share :
Central-bank buying, ETF inflows to keep gold shining
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.
