Gold price forecast india 2026 could see stochastic indicator levels

Gold price forecast India 2026 could see stochastic indicator levels surpass 80, signaling overbought conditions, yet bullish momentum should hold if central bank purchases continue at present pace. Gold prices held firm above the $3,600 mark in early European trading on Wednesday, as investors positioned ahead of key US inflation data and growing expectations that the Federal Reserve will cut interest rates later this month. UBS strategists have raised their long-term forecasts for spot gold prices, signaling confidence that the metal’s rally has further room to run despite recent volatility. Derivatives analysts suggest gold price forecast India 2026 will favor long positions, given high open interest in MCX gold futures. Seasonal rally trends during Q2 and Q4 could push prices beyond ₹73,000 per 10g.