Gold Rates Vs Silver Rates: Returns On Akshaya Trititya In 15 Years; Who To Buy, Bullion Or Silver Ahead?

The auspicious occasion of Akshaya Tritiya is upon India on April 19, a day significant for buying gold and silver as it symbolizes prosperity. Data showed that gold recorded significant annual growth for nine consecutive years and silver witnessed four consecutive yearly gains on purchases made on Akshaya Tritiya, also called Akha Teej. From last year's Akha Teej, gold has given its highest growth of nearly 64% in the past 15 years and silver has skyrocketed by nearly 166% over the year.

That being said, is this year's Akshaya Tritiya auspicious for gold and silver buying amidst volatile global market conditions, energy crisis, dollar surge, inflationary pressure and geopolitical conflicts?

Gold Rates Performance In Past 15 Years: Akshaya Tritiya To Akshaya Tritiya!

Data of Kedia Advisory revealed that gold that was bought on Akshaya Tritiya has recorded annual gains for nine consecutive years, which means, since April 2018. The highest annual gain is from 2025 to 2026 Akshaya Tritiya, where gold surged by 63.46%. Not just that gold has given double-digit returns from 2023 to 2026 Akha Teej. Yellow metal rose by 18% from May 2022 to April 2023, and was higher by 21.53% from April 2023 to May 2024, and jumped by 30.09% from May 2024 to April 2025, before rising by 63.46%.

In early 2026, gold had touched above Rs 1.70 lakh mark and its currently closing as of April 16, 2026, is around Rs 1.55 lakh.

As per Kedia Advisory, as India celebrates Akshaya Tritiya on April 19, 2026, the bullion market presents a compelling yet nuanced picture. Gold, currently trading near Rs 1,54,650 per 10 grams, has delivered a staggering over 63% return since last Akshaya Tritiya - its strongest annual performance since the pandemic-driven surge of 2020, when prices rocketed 47.4%. Since 2018, gold has never once disappointed festival buyers, compounding wealth at an average annual rate exceeding 25%.

The only times gold recorded downside in annual performance was in May 2014, 2015 and, and April 2017. This also means, gold that was bought on Akha Teej, gave positive gains on 12 occasions compared to 15 since 2012.

Silver Rates Performance In Past 15 Years: Akshaya Tritiya To Akshaya Tritiya

Silver has seen more volatility from 2012 to date during Akshaya Tritiya. But for the past four consecutive years of Akshaya Tritiya, silver has given significant jump. From last year to Akha Teej 2026, silver outperformed gold with 165.54% gains, after rising by 13% and 14% from 2024-25 and 2023-24.

According to Kedia Advisory, Silver, however, has stolen the headline this cycle. From Rs 95,900 a year ago, prices have surged to Rs 2,54,650 per kg - a breathtaking 165% gain - powered by industrial demand, green energy adoption, and safe-haven buying accelerated by US-Iran geopolitical tensions.

Should You Buy Gold & Silver This Akshaya Tritiya?

In a note, analysts at Kotak Institutional Equities pointed out that gold demand is expected to remain firm in value terms, although jewellery volumes may stay moderate due to elevated prices. Investment-oriented products such as coins and small bars are likely to see strong traction, continuing the shift toward practical and liquidity-friendly formats.

Also, India's deep-rooted affinity for gold remains intact, with consumption patterns gradually evolving towards the investing rather than the holding the physical gold.

From a broader perspective, these analysts said, gold continues to be supported by persistent global uncertainties, including fiscal imbalances, geopolitical tensions, and ongoing diversification by central banks away from fiat assets. Short-term volatility, driven by shifting interest rate expectations and liquidity conditions, should be viewed as an opportunity for gradual accumulation rather than a deterrent.

To retail investors, the analysts explained that maintaining a gold allocation of 8-15% remains a prudent strategy for portfolio stability. Additionally, this year presents a compelling case to include silver as a tactical allocation. With its dual role as a precious and industrial metal, silver offers higher return potential over the medium term.

A balanced allocation of 75-80% in gold and 20-25% in silver, can help enhance portfolio resilience while capturing diversified opportunities in the evolving precious metals market.

Gold Rates & Silver Rates Outlook Ahead:

Bullion markets continue to show a positive underlying trend, despite trading near elevated levels and experiencing intermittent volatility driven by shifting risk sentiments. Supportive factors include expectations of monetary easing, lower real yields, ongoing geopolitical uncertainties, and sustained central bank demand. However, potential easing of geopolitical tensions, a stronger US dollar, and demand moderation at higher prices may limit near-to-medium term upside, as per Kotak.

Thereby, they predict gold has rebounded about 30% from its March lows to trade above Rs1,50,000, with support near Rs1,40,000 and resistance at Rs1,60,000-Rs1,75,000. A breakout could extend gains towards Rs1,80,000 and Rs2,00,000, while downside risks persist below support levels towards Rs1,25,000 and Rs1,10,000.

Also, Kedia Advisory said, near-term, both metals face a 2-3 month consolidation phase as cross-asset liquidation and profit-booking exert pressure. Smart money isn't chasing; it is accumulating systematically.

They added lastly, the 12-month targets remain firmly bullish. Gold is expected to test Rs2,00,000-Rs2,10,000, implying an additional 32-38% upside from current levels. Silver could advance toward Rs3,20,000-Rs3,30,000, representing a further 34-38% gain.

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