Gold prices are fluctuating amid heightened geopolitical tensions, particularly due to a deadline set by US President Donald Trump regarding Iran's conflict with Israel. As of April 7, 2026, Tanishq lists its 22K gold jewellery at ₹13,775 per gram, a slight decrease from ₹13,850 the previous day. Similarly, Kalyan Jewellers, Malabar Gold & Diamonds, and Joyalukkas report their 22K gold prices at ₹13,735 per gram, reflecting an increase from ₹13,670. However, the Indian Bullion and Jewellers Association (IBJA) indicates a decline in gold rates, with fine gold (999) priced at ₹14,749 per gram, down from ₹14,890. Analysts suggest that while gold and silver may face short-term volatility due to strong US economic data and a firm dollar, they remain in a long-term growth trend, supported by high global debt and ongoing central bank purchases. The demand for silver is also expected to rise due to its applications in solar energy and electric vehicles.