On April 25, 2026, gold prices in India fell to ₹1,52,799 per 10 grams, marking the end of a four-week winning streak. In the international market, gold closed at $4,740.90 per ounce, below the critical $4,800 threshold. The volatility in gold prices is attributed to expectations surrounding potential US Federal Reserve interest rate cuts and inflation concerns stemming from elevated crude oil prices. Jateen Trivedi, VP Research at LKP Securities, noted that rising crude oil prices are affecting broader asset classes, while tensions in West Asia, particularly involving Iran and Israel, are maintaining market uncertainty. Sugandha Sachdeva, founder of SS WealthStreet, emphasized that gold prices are sensitive to movements in crude oil and the US dollar, with recent trends reflecting a balance between inflation risks and interest rate expectations. The gold market is expected to remain news-driven, with analysts predicting that any cooling in crude prices could positively affect gold demand. Looking ahead, market participants will closely monitor the upcoming Federal Reserve meeting for indications on interest rates, which could significantly influence gold prices.