Golden Opportunities in India's Gold Market
Gold values skyrocket, nearly doubling in just a four-year span.
Got a golden-hearted investor in you? Look no further than India's blazing gold market. Here's a lowdown on why the yellow metal has been a star performer, especially during Akshaya Tritiya, India's cherished gold-buying event.
Divine Returns on Akshaya Tritiya Gold Purchases
A raid on your piggy bank four years back during Akshaya Tritiya could already have doubled your investment in gold! Gold prices in 2023 have surged a staggering 30% from the last Akshaya Tritiya levels. Talk about a shining return!
In 2021, the average price of gold in India hovered around Rs 47,676 per 10 grams, but with Akshaya Tritiya around the corner, the prices at the Multi Commodity Exchange are trading at a blazing Rs 95,230 - a jaw-dropping 99.7% increase!
Sharp Climbs in Silver Prices
Silver hasn't been left out of the party either. While it might have taken a little longer to shine compared to gold, silver has been a power player in the last four years, with an impressive 33.6% increase. But if you're keeping score, silver walked away with a whopping 125% gain in the last five years!
India's Green Financing Push for Net-Zero Goals
Meanwhile, India is gearing up to establish a green finance body to aid the net-zero goal. Gold and silver have been on the rise since the last Akshaya Tritiya, marking their highest gain ever with a fabulous leap of 30%! The yellow metal also bagged a 21.53% gain during Akshaya Tritiya of 2024.
Industry experts, like Ajay Kedia, MD of Kedia Commodities, attribute the unstoppable upward trend of gold to its proven track record in India as a trustworthy investment. In the last 14 years, gold has shone brightly in almost every instance, delivering positive returns, with double-digit gains in the last three years!
The Roaring Indian Gold Market
Gold's reputation as a celebrated asset in India doesn't end at its cultural significance. From being a traditional store of value during economic uncertainties to being hailed as a safe haven investment, gold has been a steadfast player.
Over the past 14 years, gold prices in India have steadily risen, mirroring broader economic trends and stable demand, despite some minor blips. Demand for gold in India peaks around buzzy festivals like Akshaya Tritiya and Diwali, and during the wedding season, when it can surge by a staggering 30-40%.
Investors are increasingly tipping the scales in favor of lighter jewelry, gold coins, bars, and digital gold, making online purchases more popular than ever. India's gold market witnessed impressive imports of 30-36 tonnes of gold in April 2025 alone, worth a whopping ₹25,000 crore, demonstrating sustained investment demand.
In conclusion, the gold market in India remains a sparkling investment opportunity, particularly during Akshaya Tritiya. As India pushes towards its net-zero goals and gold prices continue to soar, we can expect the market to remain aglow with opportunities for years to come.
Investing in India's real-estate market could complement a shrewd investor's portfolio, given gold's exceptional performance. With gold prices surging by 30% since the last Akshaya Tritiya and expecting to remain high, the yellow metal's appealing returns make real-estate investments more enticing for those seeking tangible assets.
Market experts might suggest diversifying investments, considering the growth of India's green financing to establish net-zero goals. Gold's robust performance and reputation as a trustworthy investment could allay concerns about seeking returns in renewable energy projects, making real-estate investments a safer choice.
