Worried About High Gold Price in India Ahead of Akshay Tritiya? Check These Credit Card Deals on Gold Purchase

Rising gold prices ahead of Akshay Tritiya have dampened the mood of people planning to buy gold on the auspicious occasion. The price of gold in India has increased by over 25% since the beginning of the year 2025. The massive rally in the price of yellow metal may force people to rethink their purchases of gold jewellery on Akshay Tritiya.

The auspicious Hindu festival, Akshay Tritiya, will be celebrated this year on 30 April, 2025. For those who are planning to buy jewellery on the occasion, here are 5 credit card offers on gold purchase.

Top Credit Card Offers on Gold Purchase in 2025

Several credit cards are offering deals like cash discount, reward points, and other benefits on purchase of gold jewellery. Here are top credit card deals on gold purchase according to Bank Bazaar.

Discount on Making Charges

Mastercard credit card owners can get discount up to 20% on gold jewellery making charges if they will purchase the item through credit card at Joyalukkas. They are unlikely to get any discount on gold price, but may get some exemption on gold jewellery making charges. This credit card offer on gold purchase is available till 30 June, 2025.

Flat Rs 3000 off

Mastercard credit card holders can get around Rs 3000 off on purchase of diamond jewellery worth Rs 50,000 and above Joyalukkas. The discount offer on gold purchase is available till 30 June, 2025.

Gold Making Charges

Bank of Baroda credit card is providing a similar discount offer to its customers. The credit card holders can get a 20% discount on gold making charges. Additionally they can save up to Rams 3,000 on the purchase of diamond jewellery.

Discount on Diamond Jewellery

Axis Bank credit card users can get a discount of up to Rs 1800 on gold jewellery purchase. The offer is valid till 8 May, 2025. SBICard also offers different discounts and other offers to its users on the occasion of Akshay Tritiya. As of now, there is no information about Akshay Tritiya offers on gold purchases on SBICard's official website. There is a possibility that offers may be released soon a week before Akshay Tritiya.

Akshay Tritiya

Akshay Tritiya is also known as Akti or Akha Teej. The auspicious festival holds immense significance among people of Hindu and Jain community. Akshay Tritiya is celebrated on the third day of Shukla Paksha of Vaishakha month.

The day is considered highly auspicious for the purchase of items like gold, silver and other metals. Many people prefer to buy gold and silver jewellery and other items on the occasion. Akshay Tritiya will be celebrated on April 30, 2025.
Other items which are considered auspicious for their purchase on Akshay Tritiya are rice, broom stick, new vessels, etc. It is also considered auspicious to deposit money in a bank account on the festival. On this day, many people also visit temples, donate foods or offer services to the poor and needy people.

Rising Price of Gold in India

Gold price in India has increased significantly over the past few months, especially after the United States President Donald Trump announced tariffs on more than 181 nations. Due to heightened geopolitical uncertainty and market volatility, gold has emerged as a safe haven for investors.

MCX gold price touched an all-time high mark of Rs 95,799 per 10 gram on Thursday, April 17. The bullion shattered another record globally as the international COMEX price of gold crossed the $3,300 levels. Amid trade tensions and geopolitical uncertainty, gold prices have gained nearly 25% year to date (YTD) till now.