Economic Survey 2026, Jan. 29 -- Gold has once again taken centre stage in India's economic landscape, not just as a traditional store of value but as a strategic stabiliser in an increasingly uncertain global environment.

According to the Economic Survey, the recent surge in gold prices was not merely a cyclical phenomenon, but a response to deeper changes in global risk perception, real interest rates and confidence in financial assets.

It highlighted that global financial markets are already responding to heightened fragility. During 2025, gold prices surged sharply, rising from $2,607 per ounce to $4,315 per ounce, driven by a weaker US dollar, expectations of persistently low real interest rates and growing geopolitical risks. This...