Gold enters long-term uptrend as global risks boost demand: Report
Mumbai, Feb 26 (PTI) Gold’s long-term outlook remains bullish as global de-dollarisation, fiscal stress and increasing geopolitical tensions reshape the global financial order, according to Motilal Oswal Financial Services Ltd (MOFSL). In its latest Precious Metals Quarterly Report, the brokerage firm said the yellow metal prices crossed the USD 5,000 per ounce mark in early 2026, marking one of the strongest long-term bull phases in modern history. It said the gold has entered a “structural repricing phase,” marking the beginning of a new supercycle rather than a cyclical rally. MOFSL expects Comex gold to settle toward USD 6,000 per ounce