Gold gives 20% returns from last Akshaya Tritiya. Should you buy it this time too?

As Indians celebrate the auspicious occasion of Akshaya Tritiya, gold prices are expected to surge. Deveya Gaglani, Research Analyst – Commodities at Axis Securities says that gold is considered a symbol of pride and prosperity among Indians. Mahendra Luniya, Chairperson of Vighnaharta Gold, claims that despite gold prices hitting the roof, it is still a long-term investment that investors should consider accumulating. Senior Analyst-Commodities at HDFC Securities, Saumil Gandhi, advises buying gold due to its safe haven value and potential for further upside. Investors are recommended to purchase gold in a staggered manner to mitigate risk.