As of April 18, 2026, gold prices in India have seen a notable increase of ₹5,000, climbing to ₹1,54,605 per 10 grams, largely due to a decrease in crude oil prices linked to easing tensions in the US-Iran conflict. This surge, amounting to approximately 3.30%, has generated heightened interest in gold purchases ahead of the auspicious occasion of Akshaya Tritiya. Analysts forecast that if the US-Iran ceasefire talks yield positive outcomes, gold prices could further escalate to between ₹1,62,500 and ₹1,63,000. Experts like Amit Goel from PACE 360 suggest that geopolitical developments could boost gold prices by an additional 5-6%. However, the market remains cautious, with Jateen Trivedi from LKP Securities noting a range-bound trading pattern as investors await critical updates. The outlook for gold indicates a strong bullish trend, with key support levels identified around ₹1,52,000 to ₹1,50,000. A sustained move above ₹1,55,000 could lead to further gains, while a drop below these support levels may trigger a decline towards ₹1,48,000. Investors are encouraged to consult certified experts before making any investment decisions.