MUSCAT: Gold prices in India have risen nearly 2% this week as rising tensions in West Asia have increased global demand for safe-haven assets.

Investors have turned to gold amid uncertainty over energy markets and international trade routes, pushing domestic prices higher in line with global trends. Analysts say such geopolitical risks often fuel short-term rallies in precious metals, especially as currency swings and crude oil volatility add to market turbulence. Meanwhile, concerns are growing over potential disruptions to the diamond supply chain, with logistical bottlenecks and shipping uncertainties threatening exports and inventory flow. Industry experts warn that luxury jewellery and high-end retail segments could face cost pressures if delays continue. While gold may benefit from investor demand, diamond traders and luxury brands are preparing for tighter margins and cautious consumer spending in the coming months