Gold stays near records

Gold stayed near record levels in India on April 20, with Akshaya Tritiya buying still running despite prices around ₹1.55 lakh for 10 grams. (goldmeter.in) Retail quotes compiled Monday showed 24-karat gold at about ₹15,577 to ₹15,578 a gram, or roughly ₹1,55,770 to ₹1,55,780 per 10 grams. International spot gold was cited at $4,764, slightly softer even as domestic prices stayed elevated. (goldmeter.in) (goodreturns.in) Akshaya Tritiya falls on April 20, 2026, and the festival is one of India’s biggest annual gold-buying occasions. The Confederation of All India Traders said gold and silver trade could cross ₹20,000 crore this year. (oneindia.com) (thehindubusinessline.com) That projected trade value would be up from about ₹16,000 crore last year, even with lower volumes. Traders said buyers are shifting toward lighter jewellery, silver, and digital products instead of walking away entirely. (thehindubusinessline.com) (economictimes.indiatimes.com) Jewellers’ posted rates show how fast the market has climbed this month. Tanishq’s 22-karat rate rose from ₹14,060 a gram on April 1 to ₹14,275 a gram on April 20, after touching ₹14,320 on April 19. (tanishq.co.in) The sticker price at the counter is higher than the headline rate. GoldMeter said the quoted retail prices exclude 3% Goods and Services Tax and making charges that typically run from 5% to 35%. (goldmeter.in) That gap is changing what people buy. Recent festival-market reports said consumers are choosing smaller-ticket ornaments, silver items, and diamond jewellery as record bullion prices squeeze budgets. (economictimes.indiatimes.com) (msn.com) For now, the festival is still doing its usual job: keeping India’s gold counters busy even at prices that would have looked extreme just weeks ago. (thehindubusinessline.com)