Akshaya Tritiya gold rates: How yellow metal has returns YoY in last 10 years?
On the auspicious day of Akshaya Tritiya, April 30, MCX Gold June 5 contracts were trading 0.46% lower at ₹ 95,151 per 10 grams, at 9:10 am.
Gold price has remained volatile in past few months due to geopolitical tensions and other economic factors. MCX Gold June 5 contracts have declined by more than ₹ 4,000 from their all-time high of ₹ 99,358 per 10 grams reached on April 22. In the last trading session, the June Gold futures closed at ₹ 95,592 per 10 grams, marking a 0.45% loss.
It is interesting to note that the precious metal, which has been considered as safe haven, has showcased significant growth over the years.
According to HDFC Securities data, over the past decade, gold prices have risen by more than ₹ 68,500 per 10 grams when comparing rates from Akshaya Tritiya in 2015 to those in 2025. From April 21, 2015, when the price of gold was ₹ 26,936, the value has surged to ₹ 94,395 as of April 30, 2025.
Akshaya Tritiya dates CMP Diff ROI (%) April 30, 2025 94,395 21,668 29.79 May 10, 2024 72,727 13,105 21.98 April 22, 2023 59,622 8814 17.35 May 3, 2022 50,808 2992 6.26 Feb 3, 2021 47,816 1289 2.77 April 26, 2020 46527 14,654 45.98 May 7, 2019 31,873 339 1.08 April 18, 2018 31,534 2020 6.84 April 28, 2017 29,514 -291 -0.98 May 9, 2016 29,805 2869 10.65 April 21, 2015 26,936 0 0
Likewise, gold prices have increased by ₹ 21,668 over the past year, climbing from ₹ 72,727 on May 10 last year to ₹ 94,395 on April 30 this year.
Analyzing the percentage return on investment (% ROI) year over year, there are fluctuations that reflect both market dynamics and broader economic conditions.
The highest return was recorded between April 26, 2020, and February 3, 2021, at 45.98%, which aligns with the economic uncertainty during the COVID-19 pandemic—typically a time when investors flock to safe-haven assets like gold.
Other significant gains include 29.79 per cent and 21.98 per cent between 2023 and 2024. These high returns indicate growing investor confidence in gold amid fluctuating market and geopolitical conditions.
Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
First Published: 30 Apr 2025, 01:09 PM IST
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Standard
14 minutes ago
- Business Standard
ICICI Prudential Pension Funds crosses Rs. 50,000 Crore AUM milestone, reinforces leadership in Retirement Planning
PNN Mumbai (Maharashtra) [India], July 3: In a landmark achievement, ICICI Prudential Pension Funds swiftly crossed the 50,000-crore mark in Assets Under Management (AUM) as of June 2025, making it one of the youngest pension fund managers to reach this milestone in record time. This rapid ascent reflects not only the growing trust of Indian investors in the National Pension System (NPS) but also underscores ICICI Prudential Pension Funds' sharp focus on dynamic and prudent fund management, digital-first subscriber engagement, and unwavering commitment to securing India's retirement future. With a CAGR of nearly 60% over the last five years, the fund has consistently outpaced industry averages. Today, ICICI Prudential Pension Funds serves over 1.2 lakh NPS accounts through Points of Presence (POP), and 9.71 lakh subscribers as a Pension Fund Manager (PFM), spanning corporate and retail segments. "Reaching the ₹50,000 crore AUM mark is more than just a financial milestone - it's a reflection of the faith that over a million Indians have placed in us to secure their retirement. This moment reinforces our commitment to delivering long-term financial security with integrity, innovation, and service excellence," said K. Sivakumar, Chief Investment Officer, ICICI Prudential Pension Funds. The company attributes this success to key growth drivers such as its subscriber-first approach, robust product awareness campaigns, simplified digital onboarding, and strong fund performance. Campaigns like "NPS for All," "NPS Vatsalya," and the launch of a unified IPRU Smart App have deepened engagement, particularly among mid-career professionals aged 30-45, and corporate employees availing of employer contributions. Subscribers' behaviour is also evolving, with increasing traction from Tier 2 and Tier 3 cities, a younger investor base (25-35 years), and a growing preference for SIP-based investing. The digital shift is evident in the popularity of tools that allow real-time tracking, seamless contributions, and portfolio insights. One subscriber shared how a disciplined SIP of ₹15,000 per month starting in their early 30s helped build a corpus exceeding ₹10 lakh within a few years - while also enjoying tax benefits. "Our core purpose is to be the most trusted partner for Indians in securing their retirement. This milestone reaffirms that our philosophy of prudent fund management and service excellence is making a real difference," added Sivakumar. This achievement is also in line with the national vision of "Viksit Bharat 2047" and India's broader financial inclusion agenda. By enabling citizens to plan for independent and dignified post-retirement lives, ICICI Prudential Pension Funds is helping shape a self-reliant India. Looking ahead, the company has set ambitious goals - to double AUM to ₹1,00,000 crore by 2027, powered by technology-led innovation, expanded Tier 2/3 outreach, and workplace pension partnerships. Long-term, the company targets ₹3,00,000 crore AUM by 2030 and ₹5,00,000 crore by 2031. While the ₹50,000 crore milestone is a proud achievement, ICICI Prudential Pension Funds remains focused on what matters most - empowering every Indian to retire with financial freedom and dignity.
Hindustan Times
34 minutes ago
- Hindustan Times
Mortgage rates fall again in US: 15-year stands at 5.57%, 30-year at 6.61%
The current 30-year fixed mortgage rate dropped by 0.65 % last week to 6.61%, according to the Mortgage Research Center. The average interest rate for a 15-year fixed-rate mortgage also declined, falling 0.08% to 5.57% over the same period, according to a Forbes report. Mortgage rates in US: A jumbo loan is a mortgage that's bigger than the loan limit set by the FHFA for that area.(Pexels) This means that a $100,000 loan with an interest rate of 5.57% would require a monthly payment of about $821, excluding taxes and insurance, per the report. Meanwhile, the total interest costs over the life of a 15-year mortgage would be around $48,224. Also Read: Silver prices in US today: Holding above $36 per ounce, may go higher soon Jumbo mortgage rate The average rate for a 30-year fixed jumbo mortgage is 6.94%. Last week, it was 6.95%. A jumbo loan is a mortgage that is bigger than the loan limit set by the FHFA for that area. Mortgage rate trends in 2025 Rates dropped somewhat after spring 2024, then started rising again in October. Even with the Federal Reserve cutting its Fed Funds rate in September, November, and December 2024, rates increased. Rates began to decrease again in January 2025, but mortgage experts say do not expect rates to fall significantly more anytime soon. Also Read: Gold price today in US: $3,352 steady ahead of June 2025 jobs report What affects mortgage rates? Generally, mortgage rates are correlated with US Treasury bond yields. When yields fall, mortgage rates fall too. The Fed's actions also play a part. If prices increase or the economy declines, the Fed could reduce interest rates. An example of this happened during the COVID-19 pandemic, when rates hit record lows. With that said, there is no widespread expectation for another significant drop in mortgage rates going forward. But should the inflation decrease or the economy slow further, lower rates can be expected, per the report.
India Today
36 minutes ago
- India Today
Kalli Purie on leadership, legacy and future of media at Oxford India Forum
Opening with characteristic candour and humour, Kalli Purie, Vice Chairperson and Executive Editor-in-Chief of India Today Group, quipped, "Being on this side of the conversation is a refreshing shift, especially since I'm usually the one steering the questions. It's a rare but welcome reversal of roles.""It's nice to be back at Oxford," she added with a smile, admitting, though, that being at the Forum felt more like a tutorial. "I feel like a student again!"advertisementOXFORD AND INSTITUTIONAL RESILIENCECiting Oxford's tutorial system as its enduring "nucleus," Kalli Purie explained how centuries-old institutions survived by staying true to their core. "Oxford has held on to what makes it unique," she said. "Even in the age of ChatGPT, it is AI-proof because you still have to sit across from your tutor and explain your ideas. No AI will do that for you." She drew a parallel with the India Today Group: "The tools have changed. The platforms have exploded. But the DNA is intact: We are still storytellers at the very core."She emphasised that innovation in tools should not dilute the core: "We must innovate in all the tools available to us as technology moves, to tell that story the best we can. And I think that's one of the reasons we stand here today, as a media organisation, still delivering impact because we stuck to that basic DNA."advertisementShe extended this lesson to personal leadership: "A successful person has to understand their core. If you don't understand your basic core and protect that, and be authentic to it, then you cannot really be successful in anything that you do."ON AI AND THE RISKS OF REINFORCED BIASESKalli Purie didn't mince words about the risks of artificial intelligence. "I feel AI today is mostly trained on data from the past. And the past is full of biases we've spent years trying to dismantle."Even as the India Today Group explores newsroom automation, AI anchors and synthetic pop stars, she insisted that human guardrails remain essential. "To me, the problem with AI is that, because we have no transparency on the data sets that it's being trained on, we don't know what biases it's coming in with. And more often than not, my suspicion is that it has been trained on data sets of the past. Past, which means it's a world that was. It's not the world that we want."Despite the flux, she remains optimistic, especially about India's place in this shifting landscape. She believes three groups will thrive: "People who love change and hate monotony, Indians because we thrive in chaos, and women, because they are biologically trained to rely on intuition."advertisement"I've said this often: people who love change and hate monotony look at change as a way to write a new story, as a new opportunity. By the way, journalists love new things. They love change. They want to go out and explain that unanswered story or question that is out there, come find an answer to it."She added, "So if you look very closely and carefully, you'll see that me - an Indian newswoman - is very well set to deal with this reality. I love that!"JOURNALISM AND 'FRENCH-FRIES-BROCOLI' PHILOSOPHYTurning to the challenges of modern media, Kalli Purie described her editorial strategy in simple terms: "You have to give audiences both the French fries and the broccoli." That means offering both content that grabs attention and content that fosters thought."One way is to create a democratic newsroom. So, we go out and effectively look for journalists and anchors that widely differ in their views. And by the way, if you ask any journalist, they all think they're balanced. Nobody thinks they are aligned on one side or the other, right? It's only when you look at it from the outside, you can see it. So putting them in the same newsroom to debate a story - leads to very fiery debates."advertisementShe said her newsroom feels like a "giant tutorial," one where disagreement is encouraged. "Old-fashioned, balanced journalism may not be commercially rewarding, but it's essential."Among the innovations she cited were Candid Constructive Conversations (CCC) - face-to-face debates between opposing views - and Gross Domestic Behaviour (GDB), an index that measures civic behaviour, bias, and diversity alongside GDP. "We need to nurture better citizens, not just better economies," she THE LAND OF OPPORTUNITY (AND 7-MINUTE DELIVERIES)When asked about India's trajectory, Kalli Purie offered four people-driven reasons for optimism: "A young, driven workforce that doesn't clock off at 5 p.m., a democratically elected and stable government, deep rootedness in ancient culture, and a uniquely Indian way of creatively solving problems - jugaad at its best.""I used to travel abroad and dream of staying," she said. "But now, I can't wait to get back. India is where the action is. And yes, you can get a Coke delivered in seven minutes! Even that says something about the pace and possibilities of our country."advertisementBRIDGING INSTITUTIONS: FROM OXFORD TO INDIAHaving studied at both Oxford and Harvard, Kalli offered an insightfully humorous comparison: "Oxford is classic, understated, and exclusive much like Britain. Harvard is loud, open, and over-marketed much like America."She noted that both institutions prize dissent but express it differently. And she called for stronger academic diplomacy: "India needs to build its academic voice globally. Unlike China, we haven't fully leveraged these partnerships."ATTENTION IS A CURRENCYAs closing remarks, Kalli Purie offered a reminder: "Our attention is the most precious thing we have. Let's spend it on things that make us better not just things that make us click."And with a grin, as she exited the stage to a round of applause, she left the audience with one final aside: "And yes, India has air conditioning too."- EndsTune InTrending Reel
