On the auspicious occasion of Akshaya Tritiya, gold and silver prices in India have remained largely stable, maintaining their position well above the ₹1.5 lakh mark.
On Sunday, April 19, 2026, the national average for 24-carat gold stood at ₹154,900 per 10 grams, while 22-carat gold was priced at ₹141,992. Silver 999 Fine continues to see high demand, priced at ₹259,210 per 1 kg nationally, though retail rates in major hubs like Delhi and Mumbai have climbed to ₹275,000.
Retail activity is expected to peak during the Shubh Muhurat, which according to Drik Panchang begins at 10:49 AM today and concludes early tomorrow morning. In major metropolitan areas, 24-carat gold rates show slight variations due to local taxes: Delhi leads with ₹155,930, followed closely by Ahmedabad at ₹155,830, while Mumbai, Bengaluru, and Kolkata are all hovering around ₹155,780. Buyers are reminded that final invoices will include GST and making charges, which typically add a significant margin to these base rates.
The stability in prices comes amidst a backdrop of volatile global markets and ongoing focus on US-Iran peace talks, which have kept the Multi-Commodity Exchange (MCX) on high alert. Despite a staggering 63% rally in gold prices over the past year, market analysts suggest the metal remains a preferred hedge against inflation. Some experts even predict that if current geopolitical and economic trends persist, gold could potentially test the ₹2,00,000 milestone by next year’s festival.
Beyond physical bullion, this Akshaya Tritiya sees a shift in consumer behavior, with many opting for digital gold and Sovereign Gold Bonds (SGBs) to avoid making charges and storage concerns. As millions of Indians flock to jewelers today to invite prosperity, the day also marks a significant period for new beginnings, with a surge in property registrations and business launches reported across the country.