The lamps of Diwali may have dimmed, but the sparkle of gold continues to dominate conversations among investors and households. Even after the festive buying rush, a key question remains, will gold prices cool down now, or is another rise on the horizon?
Global financial institution HSBC has released a report indicating that gold’s upward trajectory is unlikely to slow down anytime soon. In the international market, gold has already surpassed $4,300 per ounce. On October 18, it was trading around $4,362 per ounce (approx 28g), suggesting sustained bullish sentiment.
HSBC expects gold to maintain its momentum even after the festive rush. The bank’s report suggests that gold could surge to $5,000 per ounce by the first half of 2026, a rise of nearly $1,000 from current levels. The forecas