Akshaya Tritiya Gold: Considered to be very fortunate, ‘Akshay Tritiya’ is being observed nationwide today, Sunday, April 19, 2026. It is thought that buying gold on this day brings ‘Akshay Dhan’ and symbolizes wealth. However, this year, the soaring gold prices have altered the market dynamics. Yogesh Singhal, President of Delhi Sarafa Bazar, mentioned that the market is somewhat quieter on Akshay Tritiya.
Key Takeaways
Quick Read- However, this year, the soaring gold prices have altered the market dynamics.
- Nevertheless, he anticipates that activity will pick up by evening.
Nevertheless, he anticipates that activity will pick up by evening. He noted that today in Delhi Sarafa Bazar, the price of 24-carat gold is selling for Rs 1.58 lakh per 10 grams, while silver is priced at Rs 2.60 lakh per kilogram.As per India Bullion Rates, the price of 24-carat gold hovers around Rs 1,54,900 per 10 grams. The cost of 22-carat gold at prominent retailers such as Tanishq, Kalyan Jewellers, and Joyalukkas ranges from Rs 14,280 to Rs 14,320 per gram.
According to the Confederation of All India Traders (CAIT), even though the overall volume of gold sales may have decreased due to elevated prices, the total trade value is projected to exceed Rs 20,000 crore, up from Rs 16,000 crore last year.Market analysts suggest that due to high prices, investors are increasingly moving away from physical gold towards safer and more transparent alternatives like Sovereign Gold Bonds (SGB), Gold ETFs, and digital gold.3 important tips for secure shopping
BIS logo: This triangular symbol certifies that the gold has been evaluated by the Bureau of Indian Standards.
Purity Grade: Look for ’22K916′ for 22 carat and ’18K750′ for 18 carat.
HUID Number: Check the 6-digit unique alphanumeric code printed on the jewelry using the ‘BIS Care App’ on your mobile.
Additionally, you can ask the jeweler to conduct a magnet test or verify the purity using a carat meter (XRF) machine to confirm the authenticity of the gold. Always request a valid receipt that includes the HUID code, making charges, and complete GST information.
