๐ NSE Gold Investors See Rally Spill Into 2026
โข Absa NewGold ETF soared ~70.4% in 2025 as global gold prices climbed and safe-haven demand surged, rewarding holders at the Nairobi Securities Exchange (NSE).
โข Goldโs underlying price rose ~66.5% to close 2025 around $4,326/oz, with a record high near $4,549 late in December.
โข Local and foreign institutional investors hold a majority of the ETF, while bullish forecasts for gold in 2026 โ including expectations of central bank buying and potential Fed rate cuts โ support continued upside.
๐ Market Insight:
The strong performance of the gold ETF reflects global macro uncertainty and investor flight to safe-haven assets, with analysts expecting gains to continue into 2026 amid supportive fundamentals.
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