Gold Prices Surge Over 50% Since Last Akshaya Tritiya: Key Insights for Investors
Gold prices soar 50% since last Akshaya Tritiya: 5 key reasons behind the surge and what investors should do now
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Gold prices have surged by over 50% since last Akshaya Tritiya, reaching ₹1,57,255 per 10 grams in Delhi. This increase is driven by geopolitical tensions, rising oil prices, and inflation concerns. Experts recommend treating gold as a long-term investment and considering systematic investment strategies.
- 01Gold prices rose over 50% from ₹99,500 to ₹1,57,255 per 10 grams in a year.
- 02Geopolitical tensions and rising oil prices have driven demand for gold as a safe haven.
- 03Investors are increasingly favoring gold ETFs for their low-cost and convenient purchasing options.
- 04Experts advise systematic investments in gold to manage volatility and reduce average costs.
- 05Long-term diversification into gold and silver is essential for wealth preservation.
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Since the last Akshaya Tritiya on April 30, 2025, gold prices have increased by over 50%, climbing from ₹99,500 to ₹1,57,255 per 10 grams in Delhi as of April 16, 2026. This surge is attributed to heightened geopolitical tensions, particularly from the ongoing US-Iran and Russia-Ukraine conflicts, which have increased gold's appeal as a safe haven asset. Additionally, rising crude oil prices, which have jumped from $60 to $115 per barrel, have intensified inflation concerns, further bolstering gold demand. Experts like Deveya Gaglani (Senior Research Analyst at Axis Securities) predict that gold prices may reach ₹1,70,000 to ₹1,85,000 domestically over the next year, while Hardaman Singh Seth (Head of ETF Business at Mirae Asset Investment Managers) highlights the growing popularity of gold ETFs, which have seen significant inflows, making them an attractive investment option. Investors are advised to adopt a long-term perspective on gold investments, utilizing systematic investment plans or phased accumulation strategies to navigate market volatility effectively. Consulting with a financial advisor is recommended to align investments with individual financial goals.
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The rise in gold prices may affect investment strategies for individuals looking to hedge against inflation and market volatility. It highlights the importance of gold as a stable asset in uncertain economic times.
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