Gold price forecast india 2027 derivatives market speculation

Derivatives market speculation positions the gold price forecast India 2027 between INR 63,500 and INR 69,000, depending on ECB policy interventions and US Treasury yield changes. Russia’s economy ministry cut its 2025 Brent forecast by 17%. U.S. crude and gasoline inventories likely fell last week, while distillates rose, per a Reuters poll. Despite the rebound, analysts caution that trade disputes may continue to weigh on oil prices. “While the key factor since 2022 used to be central bank buying alone, ETF investors are now joining the gold rally,” Thomas says. “As both compete for the same bullion, we are expecting gold prices to rise even further.” The latest gold price forecast India 2027 models incorporate crude oil price correlations, suggesting INR 64,000–67,000 levels if energy costs maintain upward pressure on inflation.