Editor’s Note
This article discusses market speculation based on predictions by the late Bulgarian mystic Baba Vanga. Readers are advised to treat such forecasts with caution and to base any financial decisions on verifiable economic data and expert analysis.
The predictions made by Baba Vanga regarding 2026 are once again in the spotlight. In them, she spoke of the declining value of paper currency and the increasing importance of precious metals like gold and silver.
Decades ago, Baba Vanga warned that a time would come when paper currencies—the rupee, dollar, yen, and yuan—would begin to lose their value. This would create a cash crisis worldwide, and people would lose trust in the money kept in banks. According to her prophecy, under such circumstances, people would consider precious metals like gold, silver, and copper as the safest investments.
Baba Vanga’s forecast for 2026 also suggests that demand for precious metals could surge suddenly during a global financial crisis. This is why even in the current times, investors are rapidly turning towards gold and silver. However, it is also clear that Baba Vanga’s predictions are not based on any economic calculation or model, yet they are being widely shared on social media.
Some media reports claim that if the global crisis deepens, the price of gold could surpass 200,000 rupees per 10 grams. Recently, the price of silver reached up to 420,000 rupees per kilogram, which had shocked the market.
However, on the other hand, current market conditions are telling a different story. Both gold and silver have seen sharp declines in recent days. While gold reached its all-time high of 178,850 rupees per 10 grams in January 2026, its price has fallen by more than 12% in the last 10 days.
On February 8, spot gold in the international market fell below $4800 per ounce. The primary reasons for this are believed to be the strength of the US dollar and the Federal Reserve’s hawkish stance. The Fed has signaled that there is no rush to cut interest rates for now. When the dollar strengthens, metals like gold and silver become more expensive, and their demand decreases.
This impact is clearly visible in India as well. Gold with an April 2026 expiry on the MCX closed at 152,861 rupees per 10 grams. The market is now watching to see whether gold will cross the 160,000 level or if the decline will deepen further.