Gold Business on Akshay tritiya: On Wednesday (April 30) was the auspicious day of Akshaya Tritiya, which is considered a symbol of prosperity and good fortune in Hindu culture. On this occasion, there was an emphasis on the purchase of gold and silver in the entire country and the movement of customers was seen in the markets. Jewelers had already made big preparations for this. By the end of the day, it was estimated that gold worth about 12 thousand crore rupees and silver worth 4 thousand crore rupees were done across the country. Despite heavy prices, people shopped fiercely keeping their tradition and faith ahead.
What was the trend in the market this time,
This time, the demand for light weight jewelery was more visible than heavy gold ornaments. Praveen Khandelwal, National General Secretary of Confederation of All India Traders (CAT) and MP from Chandni Chowk, said, “Even though the prices of gold and silver are skyrocketing, the wedding season and the auspicious day of Akshaya Tritiya being the auspicious day, the business was considered to be great today. Gold is considered to be the best option to invest, so people came forward to purchase high prices.
He estimated that today gold jewelry worth Rs 12 thousand crore and silver worth Rs 4 thousand crore was sold across the country. This figure brought great relief for jewelers and traders.
Where did the prices of gold and silver reach,
Pankaj Arora, president of All India Jewelers and Goldsmith Federation, said that gold on Akshaya Tritiya today was Rs 97,500 per 10 grams and silver was Rs 98,000 per kg. These prices are at the highest level ever. However, the good news was that today the price of gold saw a fall of Rs 1,000 and silver by Rs 2,000. Nevertheless, the enthusiasm of customers did not diminish.
Arora said, “Even though prices may be more, Akshaya Tritiya has religious and cultural significance so much that people do not ignore it. Buying gold is considered auspicious on this day, and that is why the market remains bright in the market.
How much rate has changed than before,
If you look at the figures of the last few years, there has been a tremendous jump in gold and silver prices:
– 2022: Gold – Rs 52,700 per 10 grams, silver – Rs 65,000 per kg
– 2023: Gold – Rs 61,800 per 10 grams, silver – Rs 76,500 per kg
– 2024: Gold – Rs 74,900 per 10 grams
– 2025: Gold – Rs 97,500 per 10 grams, silver – Rs 98,000 per kg
Pankaj Arora said that when the prices are low, the demand is more, but this time people gave priority to the tradition despite high prices.
What is the importance of Akshaya Tritiya,
CAT National President B.C. Bhartia explained the recognition behind this day. He said, “Akshay means one who never ends. It is believed that whatever is bought on this day always grows and brings permanent prosperity. Gold is a symbol of wealth, purity and prosperity, so people wait for this day to buy it.”
He said, “According to mythology, on this day Lord Shiva blessed Kubera of treasure and Goddess Lakshmi of wealth. That is why shopping on Akshaya Tritiya is considered very auspicious.”
This special day is for jewelers
Jewelers, goldsmiths and artisans across the country eagerly wait for this day, because this is the biggest business of the year for them. There was a crowd in the markets since morning and till evening there was an influx of customers at the shops. The demand for light jewelry also gave a chance to small budget customers to become a part of this auspicious day.
Akshaya Tritiya 2025 once again proved that the tradition and faith of Indians is above prices. Gold worth 12 thousand crore rupees and silver business of 4 thousand crores gave a new glow to the market. Did you also bought something this time? Please tell us your story!