Akshaya Tritiya 2025: Gold rates climb ₹1,050 to ₹99,450/10 gm in Delhi, silver jumps ₹3,500; check gold rates over the years

Gold rates on Tuesday climbed ₹1,050 to ₹99,450 per 10 gm (24K, 99.9% purity) in the national capital fueled by fresh demand by jewellers and investors ahead of Akshaya Tritiya, as per the All India Sarafa Association. Gold prices on Monday declined by ₹1,000 to ₹98,400 per 10 gm in Delhi. In the previous week, gold prices were at their historic high of ₹1 lakh per 10 gm due to the trade war concerns between the US and China.

Akshaya Tritiya, also known as Akti or Akha Teej, is an auspicious Hindu festival celebrated every year on the third day of Shukla Paksha in the month of Vaishakha (usually in April or May). This year, Akshaya Tritiya is on Wednesday, April 30.

Gold of 99.5% purity jumped by ₹1,100 to ₹99,000 per 10 gm on Tuesday after closing at ₹98,400 at ₹97,900 per 10 gm on Monday.

As per Good Returns, 24K gold rates stand at ₹98,120 per 10 gm, up by ₹44, while according to India Bullion Rates, gold is down ₹640 at ₹95,680 per 10 gm in the country.

So far in 2025, gold rates have advanced by over ₹20,000, or 26%, since December 31, 2024.

Silver prices on Tuesday jumped ₹3,500 to hover near its lifetime high of ₹1,02,000 per kg. The white metal made its biggest jump in nearly three weeks after closing at ₹98,500 per kg on Monday. On March 19, 2025, silver rates climbed ₹1,000 to touch their all-time high of ₹1,03,500 per kg.

Spot gold was 1% lower at $3,311 per ounce, while spot silver in the Asian market hours jumped 0.36% to $33.28 per ounce.

Gold buying ahead of Akshaya Tritiya

While gold is a safe haven asset globally as its demand and prices increase in times of global uncertainty and market volatility as investors seek refuge in safer investments, the yellow metal has wider significance in India. People buy gold for festivals and cultural and religious ceremonies like weddings in the country.

Akshaya Tritiya holds immense significance in India, and people buy gold on this occasion as it is believed to bring prosperity and abundance to households. Traditionally, the gold market has noted an uptrend near this day as a large number of Indians buy gold near this festival. It is believed by many that gold bought on Akshaya Tritiya will continue to multiply.