Gold prices in India have ended the week positively, gaining approximately 2.20%, yet remain 17% below their all-time high due to ongoing geopolitical tensions in the Middle East. The U.S.-Iran conflict, now in its fifth week, has initially increased gold's appeal as a safe-haven asset. However, sentiments shifted following U.S. President Donald Trump's address, which diminished hopes for a ceasefire. Analysts note that a stronger U.S. dollar, driven by rising crude oil prices, has limited gold's upside potential. Additionally, robust U.S. economic indicators, particularly in the labor market, suggest that the Federal Reserve may maintain a hawkish stance on interest rates, further reducing gold's attractiveness. Moving forward, gold prices are expected to remain volatile, heavily influenced by geopolitical developments and inflationary pressures.