Gold extended gains across the international market on Tuesday amid Bank of America forecasting the yellow metal to average at around USD 4,538 per ounce in 2026, with a potential climb to USD 5,000 with sustained macro tailwinds and safe-haven demand, as per IANS.

Considering that the international markets are expecting the prices of gold to rise significantly in the coming few years, the current price of gold in India is experiencing an average decline in prices. The price of 10 grams of 24-carat gold in Mumbai is recorded at Rs. 1,25,260, which is almost a Rs. 600 decline as compared to the prices that were recorded during the early hours of Tuesday.