The year 2025 has almost wrapped itself in golden glitter. If markets had an award night, the trophy for Best Performing Asset of 2025 would undoubtedly go to Gold. With returns of over 50% till October 2025, Gold has outperformed global equities, crypto favourites like Bitcoin , and almost every traditional asset class.

Indian investors, who have always had an emotional and financial attachment to the yellow metal, have watched this rally in price of gold unfold with excitement. Silver , too, enjoyed a spillover effect, but Gold was the star performer.

Now, with 2026 around the corner, will the rally continue? Or is a breather coming?

To understand this, we must analyse what is happening on both the global and domestic charts.

COMEX Gold Monthly Chart

When we step back and l

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