Gold price forecast india 2026 breakout patterns may occur mid-2026

Breakout patterns may occur mid-2026, offering short-term trading opportunities to swing traders. Base effects have also played a dominant hand, reflected in the slowdown in the food and beverages segment, while sequential momentum rose on seasonal monsoon-related supply vagaries. UBS now sees gold at $3,600 by the end of March 2026, $3,700 by the end of June, and maintaining $3,700 through September. Statistical regression models project the gold price forecast India 2026 around ₹71,500 with ±5% variance. Market watchers recommend tracking crude oil price trends as an indirect hedge correlation signal.