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Gold prices in India continued to decline, modest recovery in global prices

geopolitical risks,rising energy prices continue to underpin gold demand globally.

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Gold prices in India continued to decline on Thursday, marking the third straight session of losses even as global bullion prices attempted a modest recovery amid rising geopolitical tensions.

In the domestic market, 24-karat gold has fallen sharply over the past three days, with prices dropping by about ₹85,800 per 100 grams. The correction reflects a mix of global market volatility, profit-taking after recent highs, and currency movements affecting local bullion pricing.

As of Thursday morning, 24-karat gold was quoted at ₹16,451 per gram, down ₹311 from the previous session. The price of 22-karat gold slipped to ₹15,080 per gram, a decline of ₹285.

The drop in domestic prices comes even as international gold markets showed signs of stabilizing. Global bullion prices climbed back above $5,160 an ounce on Wednesday after recovering part of their earlier losses.

The rebound followed escalating tensions in the Middle East as the conflict involving the U.S., Israel and Iran entered its fifth day. Reports that Israel targeted a building where clerics were meeting to discuss the selection of a new Supreme Leader heightened geopolitical uncertainty, prompting renewed safe-haven flows into gold.

In India, however, retail bullion prices continued to reflect the recent correction.

On the derivatives side, gold futures on the Multi Commodity Exchange (MCX) were largely flat. The April 2026 contract opened at ₹1,63,265 per 10 grams, traded between ₹1,61,241 and ₹1,64,047 during the session, and was last quoted around ₹1,61,550—up marginally by ₹25, or 0.02%.

Market participants say geopolitical risks and rising energy prices could continue to underpin gold demand globally. Analysts note that if international prices hold above the $5,200 level, bullion could move toward the $5,450–$5,600 range in the near term, with price dips likely to attract strategic buying.

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International News

Van Cleef & Arpels Gives Its Iconic Alhambra a Pink Enamel Makeover

The Maison Introduces Five New Alhambra Creations Featuring Translucent Pink Enamel and Yellow Gold

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Van Cleef & Arpels has unveiled a vibrant new chapter for its iconic Alhambra collection, introducing translucent pink enamel to the signature four-leaf clover motif for the first time. The new creations combine the Maison’s emblem of luck with yellow gold, bringing a fresh, contemporary expression to the enduring design.

The new five-piece selection comprises a Vintage Alhambra pendant, five-motif bracelet, 10-motif necklace, 20-motif long necklace and Magic Alhambra two-motif earrings. The earrings additionally feature guilloché yellow gold, adding texture and contrast to the pink enamel.

The distinctive pink is the result of several years of research at Van Cleef & Arpels’ enamel workshops. Inspired by the historic 17th-century “gold-ruby” technique, the colour is created using fine particles of gold rather than traditional pigments. Carefully controlled particle size, shape and concentration produce the desired translucent hue.

Adding to its visual depth, the enamel contains tiny bubbles, giving each Alhambra motif a distinctive character while creating subtle variations as the surface catches and reflects light. The motifs are framed by the Maison’s signature gold beaded contours, further enhancing the interplay between the pink enamel and yellow gold.

Since its debut in 1968, Alhambra has continually evolved through different stones, materials and colours while retaining its instantly recognisable four-leaf clover silhouette. The introduction of enamel marks another significant step in that evolution, bringing together heritage craftsmanship, technical innovation and contemporary colour.

With its new pink interpretation, Van Cleef & Arpels continues to reinvent one of jewellery’s most recognisable motifs, demonstrating how traditional savoir-faire can give a familiar icon an entirely new expression.

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