Nagpur, Oct 18 (ANI): People buy jewellery at a Jeweller's showroomon the occasion of Dhanteras festival, in Nagpur on Saturday. (ANI Photo)
New Delhi | April 18, 2026
Gold demand in India is expected to remain strong ahead of Akshaya Tritiya, one of the most auspicious occasions for buying gold. Despite high prices, consumer sentiment remains positive, with investors increasingly viewing gold as a reliable safe-haven asset for long-term wealth creation.
Strong Demand Despite Rising Gold Prices
Even though gold prices have surged significantly, demand continues to hold firm. Experts highlight that while the volume of jewellery purchases may remain moderate, the overall value of transactions is increasing due to elevated price levels.
According to market insights, gold has delivered over 60% returns in the past year, making it one of the most attractive investment options during uncertain global conditions.
Akshaya Tritiya Drives Gold Buying Sentiment
Industry experts emphasize that Akshaya Tritiya continues to play a crucial role in boosting gold sales across India.
Sachin Jain, Regional CEO of the World Gold Council, stated that the festival symbolizes prosperity and long-term value, encouraging both traditional buyers and modern investors to purchase gold.
He noted that despite some cautious sentiment due to earlier price volatility, gold prices have already risen 14–16% in 2026, reinforcing its appeal as a stable investment.
Changing Consumer Trends: Shift Towards Investment
Consumer behavior is evolving, especially among younger buyers. Key trends include:
- Preference for lightweight and contemporary jewellery
- Growing interest in 22K and 18K gold
- Rising adoption of digital gold and gold ETFs
- Increased demand for coins and small gold bars
Reports suggest that investment-driven products are gaining traction, indicating a shift from traditional ornamental buying to wealth-focused accumulation.
Investment Outlook: Gold Remains a Safe Haven
A report by Kotak Neo highlights that gold continues to benefit from:
- Global geopolitical tensions
- Inflation concerns and fiscal imbalances
- Central bank diversification away from fiat currencies
On the MCX, gold prices have rebounded nearly 30% from March lows, currently trading above ₹1,50,000. Analysts expect resistance between ₹1,60,000–₹1,75,000, but the long-term trend remains positive.
Expert Recommendation for Investors
Financial experts recommend that retail investors allocate 8–15% of their portfolio to gold for better stability. Additionally, silver is emerging as a complementary investment option this year.
Short-term price fluctuations are being viewed as opportunities for gradual accumulation rather than risk.
As Akshaya Tritiya approaches, India’s deep-rooted cultural and financial affinity for gold remains strong. While buying patterns are evolving, gold continues to stand out as a trusted store of value and hedge against uncertainty, ensuring sustained demand in the years ahead.
