Gold Stocks Gain Up To 25% As Akshaya Tritiya 2026 Boosts Demand

As the auspicious festival of Akshaya Tritiya is days away, some of the gold-related stocks have seen a major rally in the past few days.

Shares of companies like Kalyan Jewellers India, Titan Company, PC Jeweller, and Senco Gold have rallied by up to 25% in just one month. They have even outperformed the Nifty, which gained 3.5% in the same period.

Why Have Gold-Related Stocks Risen?

Gold-linked stocks have moved up on the back of steady demand. Weddings and festive buying have picked up. Even at high prices, buyers are still coming in. Store-level sales have improved too, which is helping these stocks.

In the March quarter, domestic sales rose sharply. Growth ranged between 32% and 124% year-on-year, depending on the company.

The trend could hold in the near term. The wedding season is still on. Akshaya Tritiya on 19 April also tends to bring strong footfall.

The rally in gold has been supported by steady buying from global central banks and investors, amid rising tensions between the U.S. and Iran and other geopolitical uncertainties.

Also Read - India’s Crude Imports Fall 21% As Iran War Hits Supplies; US Curbs Russian And Iranian Oil

Risks Within The Rally

Nonetheless, amid the recent surge in gold equities, some risks exist that could curb further advances.

As per the report by theWorld Gold Council, the demand for gold jewellery has declined in India by 24% in 2025 due to the record rally in gold prices, which has affected small companies’ profit margins.

A slowdown in buying after Akshaya Tritiya can also affect sales in the near term.

Sources:

The Economic Times

Mint

Indian Express

Business Standard