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Gold prices dip today across major Indian brands after US-Iran ceasefire extension
Economy
Published on 24 April 2026
Ceasefire extension sparked the fall, not demand
Gold rates across major Indian jewellery brands fell on Thursday, April 23, 2026. The decline follows the US extending its ceasefire with Iran, which eased some geopolitical risk premium in bullion. However, persistent worries about a potential Strait of Hormuz disruption kept energy risks and inflation concerns elevated, limiting how far prices could drop.
- Gold rates slipped at brands including Tanishq and Malabar
- US extended its Iran ceasefire, easing safe-haven demand
- Strait of Hormuz worries kept energy and inflation risks alive
- Prices fell despite inflation concerns staying elevated
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times