Gold, Silver At Record Highs: Should You Still Buy In 2026?

Gold and silver are on a historic run as global uncertainty and geopolitical shocks continue to drive safe-haven buying. Spot gold has surged to a record $4,563 per ounce in 2026, while silver has hit $83.5. In India, gold is near ₹1.40 lakh and silver is approaching ₹2.60 lakh. But is this rally sustainable? In this discussion, we break down why central banks are aggressively accumulating gold, how ETF flows are pushing prices higher, and why silver’s rally may be riding on sentiment rather than fresh fundamentals. While bullion can add stability to a portfolio, history shows that sharp rallies are often followed by cooling phases. So should you still ride the trend or wait for a pullback?