Gold, silver prices to remain elevated amid global uncertainties: Economic Survey
The Hindu
Gold and silver prices are expected to stay high amidst global uncertainties, according to the Economic Survey 2025-26.
Gold and silver prices are expected to remain at elevated levels amid persisting global uncertainties, unless a durable peace is established and trade wars are resolved, according to Economic Survey 2025-26.
The survey highlighted that both gold and silver touched lifetime highs during 2025, reflecting heightened global uncertainty and strong safe-haven demand.
The rally was buoyed by a weakening U.S. dollar, expectations of persistently negative real rates, and the market's growing assessment of geopolitical and financial tail risks.
"The prices of precious metals, both gold and silver, are likely to continue increasing due to their sustained demand as safe-haven investments amid global uncertainties, unless a durable peace is established and trade wars are resolved," said the survey tabled in Parliament.
On the Multi Commodity Exchange (MCX), silver futures crossed the record Rs 4 lakh per kg barrier on Thursday soaring by 6.3%, while gold touched fresh all-time high of ₹1.8 lakh per 10 grams.
Some commentators feel that the torrid pace set by gold and silver in 2025 may not be sustained, it added.

The U.S. has launched two investigations under Section 301 of the Trade Act of 1974 against India and other economies to examine practices that may be ‘unreasonable or discriminatory and burden or restrict U.S. commerce’. One probe examines whether countries, including India, are using excess manufacturing capacity to export to the U.S. in a manner that hurts American businesses, while another looks at whether countries have taken ‘sufficient steps’ to prohibit imports of goods produced with forced labour.












