BackGold prices stable amid geopolitical tensions, await PMI and US jobs data

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Economic Times5/4/2026BusinessIndia

Gold prices stable amid geopolitical tensions, await PMI and US jobs data

Retail gold rates at Tanishq, Joyalukkas, Kalyan, Malabar unchanged; analysts cite dollar strength, oil surge as key factors

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Gold prices traded near one-month lows as traders awaited PMI data from major economies and US jobs market data.
Retail prices at leading Indian jewellery brands remained unchanged on May 4, 2026, with 22k gold at Rs 13,875 per gram at Tanishq and Rs 13,835 at Joyalukkas, Kalyan, and Malabar.
Analysts cited dollar strength and surging oil prices driven by US-Iran tensions as key bearish factors.

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Gold prices traded near one-month lows as traders awaited PMI data from major economies and US jobs market data. Retail prices at leading Indian jewellery brands remained unchanged on May 4, 2026, with 22k gold at Rs 13,875 per gram at Tanishq and Rs 13,835 at Joyalukkas, Kalyan, and Malabar. Analysts cited dollar strength and surging oil prices driven by US-Iran tensions as key bearish factors.

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Gold prices stable amid geopolitical tensions, await PMI and US jobs data

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