On April 27, 2026, gold prices experienced a marginal rise across leading jewelry brands in India, including Tanishq and Joyalukkas. The price for 22k gold reached ₹14,195 per gram, up from ₹14,160 the previous day. This increase is attributed to geopolitical tensions between the US and Iran, alongside a strong US dollar and elevated Treasury yields. Commodity research analyst Divya Mandaliya noted that gold prices held steady above $4,700 per ounce, with resistance predicted at $4,850. Analysts suggest that strong earnings from US tech giants could support gold prices, while concerns about higher yields and inflation may pose challenges. The India Bullion and Jewellers Association Ltd. (IBJA) also updated its retail gold prices, indicating slight increases across various purities. For instance, the price of fine gold (999) rose to ₹15,150 per gram, reflecting a change of ₹2 from the previous update. Overall, gold is expected to remain rangebound unless significant geopolitical developments occur.