19/4/2026, 5:29:02 pm

Axis Direct expects 10-15% gold upside after Q1 "stress test"

Axis Direct forecasts 10-15% upside in gold prices from the current baseline, based on a "formidable bottom" formed after January highs and fears easing in April. A 10-year analysis reveals gold delivers 18% returns annually. Targets are set at $5,300-5,500/oz globally and Rs 1,70,000-Rs 1,85,000/10 gm domestically.