Liquidity dynamics have also played a role. In volatile markets, investors often sell gold and silver to raise cash or meet margin calls, creating temporary downward pressure on precious metals.
Festive sentiment lifts gold and jewellery demand this Akshaya Tritiya, but high prices keep budgets tight, pushing buyers toward lower grammage and investment-led purchases
Gold may rise to $5000 in the short term, though a sustainable extension of the ongoing rally, which has been in place from the cycle low of $4099, will call for an increase in the safe haven appeal
Akshaya Tritiya 2026 Gold Outlook: Analyst at Kotak Securities recommends Gold allocation up to 15 per cent in portfolio, and suggests adding Silver too on this auspicious occasion.