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Bullion boom: Will gold hit $5,000 and silver touch $100 in 2026?

Gold and silver delivered an extraordinary performance in 2025, surging to multiple record highs on both global and Indian markets. Globally, gold climbed nearly 70%, breaking the $4,500/oz mark after surpassing $4,000 in October, while silver skyrocketed over 128%, topping $80/oz.In India, the momentum was even more pronounced. MCX gold futures surged from around ₹75,000 to nearly ₹1,39,000–₹1,40,000 per 10 g, representing a rise of nearly 78%, while silver futures jumped approximately 144%, approaching the ₹2.5 lakh/kg mark. Domestic retail prices mirrored this trend, with both metals reaching historic highs amid safe-haven demand, robust industrial requirements, and a weakening rupee.What supported gold and silver’s extraordinary gains in 2025?Gold’s ascent was fuelled by