Can gold sustain its stellar run in 2026? Here is what Raamdeo Agrawal and 6 other experts say
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Strong performance
According to a report by ETWealth, 2025 will be remembered for two standout assets, gold and silver. Both metals posted some of their strongest returns in over four decades. Here is what seven experts said, as reported by ETWealth.
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Lakshmi Iyer, Group President – Investments, Bajaj Finserv
Iyer firmly says that gold will continue to shine, although the sheen could be less than in 2025. “SHINE it will, though sheen could be less than in 2025.”
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Raamdeo Agrawal, Chairman & Co-founder, Motilal Oswal Financial Services
Agrawal said that he cannot predict gold’s movement, as he has been proven wrong earlier. “CANNOT say, I have been proven wrong on gold before.”
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Prashant Khemka, Founder, WhiteOak Capital Management
Khemka said that nobody has a logical clue, making it unclear whether gold will continue its stellar run in 2026.
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Shreyas Devalkar, Head of Equity, Axis MF
Devalkar commented on the precious metals rally, noting that safe-haven flows support near-term gains, but volatility is likely through 2026.
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Shyam Sekhar, Founder and CIO, ithought PMS
Sekhar said he is doubtful whether gold will continue to deliver such performance. “DOUBTFUL if it will.”
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Vikas Gupta, CEO and Chief Investment Strategist, OmniScience Capital
Gupta said it is less likely for gold to continue delivering similar returns. After an approximate 80% rally this year, sustaining such performance appears unlikely.
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Sachin Bajaj, Executive Vice President and CIO, Axis Max Life Insurance
Bajaj believes that gold will stabilise in 2026. He said, “WE expect gold to stabilise in 2026.”