India, May 14 -- Gold prices in India remained elevated on May 14, 2026, reflecting persistent global uncertainty, rising crude oil prices and cautious investor sentiment. Domestic bullion markets continued trading near record highs despite some resistance from a stronger US dollar and increased import duties.

India, the world's second-largest gold consumer after China, witnesses annual gold demand ranging between 700 and 800 tonnes with inflation concerns resurfacing globally and geopolitical tensions affecting commodity markets, investors are once again viewing gold as a defensive asset. The domestic market also remains heavily influenced by currency fluctuations and import policy changes while analysts believe short-term volatility ma...