Gold’s multi-year rally may still have a long runway ahead. Brokerage firm Ventura believes the precious metal could continue its upward climb in 2026, supported by persistent macroeconomic strains, heavy central bank accumulation, and expectations of aggressive US Federal Reserve rate cuts. The firm projects an ambitious price band of $4,600–$4,800, suggesting that gold’s decade-long bull market is “far from over.” Advertisement

Gold prices were range-bound on December 4, trading between $4,175 and $4,217, with spot gold last seen at $4,213, up 0.2 percent despite firmer US yields. The metal gained 4.28 percent in the week ended November 28 and has now risen for four consecutive months—reinforcing sentiment that investors are once again turning to safe-haven assets.

Rahul Kalantri, VP

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