Akshaya Tritiya 2026: Optimizing Gold and Silver Allocations in Investment Portfolios

Akshaya Tritiya 2026: Bullion Market Reveals Complex Scenario

As India celebrates Akshaya Tritiya on April 19, 2026, the bullion market presents an intriguing yet complex scenario, according to analysts. Gold, currently trading close to ₹1,54,650 per 10 grams, has achieved a remarkable return exceeding 63% since last year's celebration—marking its best performance since the rally fueled by the pandemic in 2020.

Gold and Silver Performance

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Experts indicate that gold has reliably rewarded its investors over time, showing average annual returns of over 25% since 2018 and solidifying its status as a dependable store of value. On the other hand, silver has distinguished itself as the top performer during this cycle, with prices skyrocketing from ₹95,900 per kg to approximately ₹2,54,650—a dramatic 165% increase—driven by robust industrial demand, increasing usage in green energy, and safe-haven buying in light of geopolitical tensions such as the US-Iran conflict.

Experts' Advice

Kaynat Chainwala, AVP Commodity Research, Kotak Securities, warns about being overly optimistic in the short term, suggesting that both gold and silver could experience a consolidation period lasting 2-3 months due to profit-taking and fluctuations across various asset classes. Chainwala advises investors to view any price correction as an opportunity to accumulate rather than exit, while maintaining a prudent gold allocation of 8–15% in portfolios.

For Akshaya Tritiya, Chainwala suggests a slightly differentiated strategy by including silver alongside gold. With its dual role as a precious and industrial metal, silver offers higher growth potential, especially if industrial demand strengthens. A balanced approach is recommended, with gold forming the core 75–80% of the precious metals allocation and silver comprising 20–25%, ideally accumulated gradually with a long-term horizon.

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Hareesh V, Head of Commodity Research, Geojit Investments Ltd, recommends allocating around 15% of the portfolio to bullion, with a heavier tilt toward gold. Apurva Sheth, Head of Market Perspectives and Research, SAMCO Securities, advises treating gold as a strategic core holding and silver as a tactical satellite, allocating roughly 70–80% to gold for stability and 20–30% to silver for upside.

NS Ramaswamy, Head CRM & Commodities, Ventura Securities, believes that with 2026 Akshaya Tritiya around the corner, the gold silver allocation needs equal attention, recommending a 20% allocation to the bullion pack (10% gold and 10% silver) in one's portfolio.

Outlook for Next Akshaya Tritiya

Ajay Kedia, Director at Kedia Advisory, opines that the 12-month targets remain firmly bullish, with gold expected to test ₹2,00,000– ₹2,10,000, implying an additional 32-38% upside from current levels. Silver could advance toward ₹3,20,000– ₹3,30,000, representing a further 34-38% gain. Kedia suggests buying gold and silver through Gold ETFs and Silver ETFs via monthly SIP, not lump-sum.

Looking ahead to the next Akshaya Tritiya, Hareesh V says that gold's long-term potential remains robust, making it a prudent choice for wealth preservation, while silver adds limited but complementary exposure. NS Ramaswamy believes that by next year's Akshaya Tritiya, we expect a rise in gold prices by 25% and silver prices by 35%.