Since the last Akshaya Tritiya, jewellery stocks have shown a varied performance, with Thangamayil Jewellery leading the pack with a 100% increase in share price, climbing from ₹2,096 to ₹4,210. In contrast, Kalyan Jewellers has faced a 17% decline. Other notable performers include Titan Company, which returned 36%, and PN Gadgil Jewellers, which gained 17.24%. The fluctuations in gold prices, which have risen nearly 10% in 2026, are attributed to global factors such as geopolitical tensions and economic growth concerns. Analysts suggest that while physical gold buying remains significant, there is a growing interest in more liquid and transparent investment options. Future projections indicate that gold prices could reach between ₹170,000 and ₹185,000, reflecting a potential upside of 10% to 15%. The ongoing demand for gold, particularly during festivals like Akshaya Tritiya, underscores its status as a reliable store of value amidst market volatility.