2026 Gold Outlook: Prices Likely To Jump In 2-3 Months, Say Experts

As gold prices continue to waver ahead of peak wedding purchases, industry voices are signalling a sharper climb in the months leading up to the New Year. With households preparing for year-end ceremonies and investors eyeing the global bullion market, jewellers expect the metal to enter 2026 on a significantly higher note. (News18 Tamil)

Chetan Mehta, Chairman and Managing Director of Lakshmi Diamonds, told CNBC-TV18 that investment-led buying has dominated this year, far outpacing jewellery purchases. But with the wedding season now underway, he expects retail demand to rebound steadily through the current quarter. (News18 Tamil)

Merchants recorded brisk business during Diwali, followed by a brief 10-15 day lull. According to Mehta, footfall has since begun improving across major markets. He noted that nearly half of Diwali shoppers opted to exchange old ornaments for new designs, a trend likely to settle at around 20-25% this quarter. The preference, he said, leaned towards heavier, contemporary pieces. (News18 Tamil)

Prices have already risen by 10-15% in the run-up to the festival season. Over the next two to three months, Mehta anticipates an additional 10–20% appreciation, translating to a rise of Rs 12,000 to Rs 24,000 per 10 grams if current market conditions hold. (News18 Tamil)

While gold is gaining momentum, the diamond segment has maintained a consistent upswing. Demand for studded jewellery remains firm, with small and mid-weight diamonds witnessing increased purchases, Mehta observed. Many urban buyers, he added, are showing a stronger inclination toward diamond jewellery over plain gold. (News18 Tamil)

With both global buying patterns and domestic sentiment tilting upward, analysts believe the final quarter of 2025 and the early weeks of 2026 will prove decisive for investors. Any shift in international prices or central bank purchases could further influence the trajectory. (News18 Tamil)

(Disclaimer: This report is for general information and not investment advice. Readers should consult certified financial planners before making investment decisions.)