
Gold prices went up today across major jewellery brands and at IBJA today (May 6, 2026) due to rising tension in the Middle East, which drove energy prices higher and amplified inflation concerns. Today, 22k gold rates are seeing a noticeable uptrend across both the India Bullion and Jewellers Association (IBJA) and leading jewellery retailers such as Tanishq, Malabar Gold & Diamonds, Joyalukkas and Kalyan Jewellers.
According to IBJA, gold prices for various purity levels rose on Wednesday compared to Tuesday evening, reflecting firm global cues.