gold prices
These days, gold is again in the news and the biggest question in the minds of common people is how much its price can increase further. At present, gold in India is ranging between Rs 1.50 lakh to Rs 1.60 lakh per 10 grams. Its average price in the year 2026 has also been around this range, which clearly shows that the market remains strong. Experts believe that global uncertainty, inflation and investors' inclination towards safe options are continuously supporting gold. Let us know how the gold prices will be this time on Akshaya Tritiya?
Gold has given tremendous returns in the last one year. Since the last Akshaya Tritiya, prices have increased by about 60%. The main reason for this is global tension, dollar fluctuations and inflation concerns. Whenever risk increases in the market, investors consider gold as a safe haven and invest money in it. This is the reason why gold has been performing well continuously for the last several years.
This year, April 19 is Akshaya Tritiya, which is considered very auspicious for buying gold. Every year on this occasion the demand increases and its effect is also visible on the prices. However, prices do not increase the same every time. If we look at the figures of the last 12 years, there has been a decline in some years, but the overall trend has been positive. Especially since 2020, gold has given strong returns.
At the beginning of this year, gold had reached close to record levels, but after that a slight decline was seen. This decline was mainly due to profit-booking and changes in the international market. Now the question is whether there will be a rise again till Akshaya Tritiya? Experts believe that if the global situation remains like this and demand increases, then prices may go upward again.
Gold is still considered a safe option for common investors. However, some caution is necessary while buying at the current high levels. Gold may prove to be good for long-term investors, but prices may remain volatile in the short term.
Disclaimer: This article is for information only and should not be considered as investment advice in any way. TV9 Bharatvarsha advises its readers and viewers to consult their financial advisors before taking any money related decisions.
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