Gold Prices Surge Ahead of Akshaya Tritiya 2025: Is Now the Right Time to Invest?

Gold prices have witnessed a remarkable surge of ₹68,500 over the past decade, making this Akshaya Tritiya a crucial moment for investors evaluating their options. Traditionally, buying gold on this day is considered auspicious, symbolizing prosperity and wealth. However, with prices hovering around ₹1 lakh per 10 grams, experts suggest a cautious approach.  

 

Market analysts recommend purchasing gold in a staggered manner, especially if prices correct by 5-10 percent. Some predict that if gold holds above ₹1,00,000, it could reach ₹1,10,000 by next year, while others expect consolidation around ₹87,000.  

 

Retailers have adapted to high prices by offering lighter-weight jewelry and coins rather than heavy ornaments. Jewelers are also promoting silver jewelry and discounts on making charges to maintain sales volume despite elevated gold rates.  

 

For long-term investors, brokerage firms suggest a buy-on-dips strategy, accumulating gold near support levels of ₹90,000-91,000, with a long-term target of ₹1,06,000.  

 

While gold remains a safe-haven asset, its price trajectory is influenced by global economic uncertainties, inflation trends, and central bank policies. Investors should weigh these factors before making a purchase decision.  

 

Sources: MSN News, Livemint, Economic Times, HDFC Securities, Ventura Securities, Motilal Oswal Financial Services