The prediction by Bulgarian clairvoyant Baba Vanga that gold prices will skyrocket in 2026 has sparked widespread debate among investors and economists alike. Many see it as both a warning and an opportunity amid growing concerns about the global economy.
Recently, during Diwali 2025, gold prices peaked at ₹13,277 per gram for 24-carat gold on October 17, 2025, but have since fallen to ₹12,328 per gram as of October 27, 2025. However, experts believe the metal will surge again during the next financial downturn, much like the last recession, when gold prices jumped by nearly 50%.
According to analysts, gold could appreciate by 25%–40% by Diwali 2026, pushing the price of 10 grams of 24-carat gold to between ₹1.62 lakh and ₹1.82 lakh. They cite global trade tensions, inflation, and banking instability as primary drivers of this expected surge.
Gold, long considered a cornerstone of financial security, has already drawn renewed interest in India after crossing the ₹1 lakh per 10-gram mark on the Multi-Commodity Exchange (MCX). This milestone has reignited discussions about gold’s role as a safe-haven asset.
Rising gold amid global turbulence
Experts highlight that geopolitical tensions, tariff disputes, and fears of global recession are pushing investors toward gold. Economic uncertainty, coupled with currency fluctuations, continues to elevate gold’s appeal as a hedge against volatility.
The 2026 Outlook: Prophecy, crisis, and price predictions
Interpreters of Baba Vanga’s predictions warn of a potential “cash-crush” or global banking crisis that could disrupt financial systems. Historically, gold prices have surged between 20%–50% during such downturns. Should such a crisis unfold, forecasts suggest a price range of ₹1.62–₹1.82 lakh per 10 grams by late 2026, potentially setting a new all-time high.
What it means for investors
For investors, the takeaway is clear, gold continues to act as a reliable hedge in turbulent times. For Indian consumers, rising prices could affect jewelry purchases, gifting traditions, and savings strategies. However, experts caution against overreliance on prophecies and advise basing investment decisions on economic data, inflation trends, and geopolitical indicators.
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