New Delhi, Jan 3 (NationPress) Following a remarkable year in 2025, where gold experienced returns close to 65 percent and silver soared with gains exceeding 140 percent, experts believe this positive trend is poised to extend into 2026.

Nainesh Pachchigar, President of the India Bullion and Jewellers Association (IBJA), shared insights with IANS, noting that investors reaped substantial rewards last year and the current global landscape suggests this momentum will persist.

“Current international prices are around $4,300 per ounce and could surge to $5,000 per ounce,” Pachchigar elaborated while discussing gold's outlook.

“This indicates a potential upside of nearly $700 per ounce, or over 16 percent, from present levels,” he pointed out.

Regarding silver, Pachchigar expressed optimism, predicting prices may reach approximately $85 per ounce, up from about $70 per ounce now.

“This signifies a possible additional upside of nearly 20 percent in 2026,” he added.

Pachchigar also discussed the diamond sector, noting that lab-grown diamonds are seeing a surge in demand globally due to their lower costs compared to natural diamonds.

He mentioned that the affordability aspect is expected to sustain the demand for lab-grown diamonds in the upcoming years.

However, he anticipates a revival in natural diamond demand after three to four years, although it is likely to remain subdued in the short term.

Experts attribute the remarkable performance of gold and silver in 2025 to increased global uncertainty, US tariff issues, and rising geopolitical tensions among key economies.

Additionally, the Nuvama Professional Clients Group predicts that both precious metals will likely maintain their bullish trend, albeit with some fluctuations and consolidation phases.