Economic Times4/24/2026BusinessIndia
Gold Prices Fall Across Major Indian Jewellery Brands on April 24, 2026
22k gold drops Rs 380/10g; expert cites rising crude oil prices and inflation concerns as key factors
Quick Look
- Gold prices declined across leading Indian jewellery brands including Tanishq, Kalyan Jewellers, Joyalukkas and Malabar Gold & Diamonds on April 24, 2026, with 22k gold falling Rs 380/10g at IBJA.
- Expert Divya Mandaliya attributes the decline to surging Brent crude prices around $106/bbl stoking inflation fears and reinforcing higher-for-longer interest rate expectations.
- Despite US-Iran tensions, bullion is struggling to attract safe-haven flows.
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Gold prices declined across leading Indian jewellery brands including Tanishq, Kalyan Jewellers, Joyalukkas and Malabar Gold & Diamonds on April 24, 2026, with 22k gold falling Rs 380/10g at IBJA. Expert Divya Mandaliya attributes the decline to surging Brent crude prices around $106/bbl stoking inflation fears and reinforcing higher-for-longer interest rate expectations. Despite US-Iran tensions, bullion is struggling to attract safe-haven flows. Unless there is a fresh geopolitical flare-up, gold is likely to drift lower or consolidate near key support levels.
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This article was originally published by Economic Times.
