Mumbai, Dec. 24 -- Elevated inflation risks, volatility in global equity markets, and steady physical demand from India and China have together reinforced gold's role as a portfolio stabilizer at a time when economic visibility remains poor.

Gold has continued to attract investors for its safe-haven status amid currency weakness and geopolitical stress. Gold exchange-traded funds (ETFs) have delivered over 70% returns in 2025 (as of 22 December 2025).

Experts remain optimistic on gold, arguing that the broader macro environment continues to tilt in its favour.

The foundations of a prolonged gold bull market remain intact, even if volatility and headline-driven swings persist, according to Chirag Mehta, chief investment officer at Quant...