Centrum estimates FMCG to post 6.6% year-on-year revenue growth in Q3FY26, driven by nearly 4% volume growth. Gross margins are projected to expand by 17 basis points year-on-year to 52.2%, while EBITDA margins may improve by 35 basis points to 26%.
Gold and defence contractors have emerged as key beneficiaries of the Venezuelan crisis, as the US military intervention fuels a broader rise in geopolitical tensions and investor demand for safe-haven and security-related assets, according to a report by DBS Bank.
Analysts at ICICI Direct expect further US Federal Reserve rate cuts in 2026, and persistent concerns over rising global debt, and questions around long-term Fed independence are likely to keep gold attractive as a hedge against macroeconomic uncertainty. "Concerns over Fed independence will
The ongoing crisis involving Venezuela is unlikely to have a significant impact on global prices of gold, silver and crude oil, as the country has already been under sanctions for several years and plays a limited role in formal global supply chains, experts said while reacting to the rec
Gold is expected to remain the standout performer among commodities in 2026, supported by strong central bank demand and rising geopolitical risks, according to Goldman Sachs' latest commodities outlook.
Geopolitical developments could also influence prices in the coming months. "Russia and Ukraine are serious about settling down. There are peace talks happening," he said. He also referred to trade discussions, noting, "Between India and the US, tariff talks are going on. If these two subjec
Analysts said the rally reflects a confluence of macroeconomic and geopolitical factors that continue to reshape investor behaviour. They believed that a weaker US dollar as well as escalating geo-political tensions are being reflected in the continuous surge in the prices.
While gold loans still account for a relatively small share of total non-food credit, their proportion has nearly doubled over the past year, indicating a rapid change in borrowing preferences, it said.
Gold, that remained one of the strongest performing assets of 2025, is expected to stay "moderately to strongly positive" in 2026, financial advisory services firm PL Capital has asserted in a report.
Amid the surging gold prices, Analysts believe that the gold should now be seen more as an "insurance policy" rather than a growth engine, and for the investment, they suggested to go for a Systematic Investment Plan (SIP) mode.
Gold, which witnessed a strong rally throughout 2025, is expected to continue its positive momentum in 2026 as investment demand for the precious metal still has room to grow amid persistent geopolitical uncertainties, highlighted a report by the World Gold Council.