Gold exchange‑traded funds in India have generated roughly 60% returns since the last Akshaya Tritiya, driven by a steep MCX gold price rally.
The surge matters because it has transformed modest ETF positions into sizable gains, forcing investors to reassess risk and timing as the market steadies.
The MCX gold price has risen about 63% since the last Akshaya Tritiya, Livemint said[1].
Gold‑linked ETFs have delivered average returns of 59‑60% over the same period, Livemint said[1].
Other sources place the price rise slightly lower, with Yahoo Finance said a near‑60% increase over the past year[2]; the Globe and Mail said gold has gained more than 70% since 2024[3].
Investors are now weighing whether to hold their positions or book profits, a decision that hinges on expectations for future price movements.
The rally coincides with broader global gold trends, where spot prices have climbed from $2,638 to over $4,200 per ounce in the past twelve months, Yahoo Finance said[2].
**What this means** The combined effect of a domestic price rally and strong ETF performance suggests that gold remains a popular hedge for Indian investors. However, the wide range of price‑gain estimates—60% to over 70%—highlights uncertainty about future momentum. Market participants may adopt a cautious stance, locking in gains while monitoring global price signals for signs of a slowdown.
“Gold ETFs have delivered roughly 60% returns since the last Akshaya Tritiya.”
The combined effect of a domestic price rally and strong ETF performance suggests that gold remains a popular hedge for Indian investors. However, the wide range of price‑gain estimates—60% to over 70%—highlights uncertainty about future momentum. Market participants may adopt a cautious stance, locking in gains while monitoring global price signals for signs of a slowdown.
