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Amid market turbulence, gold remains a trusted asset. These 7 gold-focused stocks and ETFs in India offer investors a mix of stability, growth potential, and exposure without holding physical gold.
When the stock market gets shaky, a lot of investors look for something safer and gold is usually that go-to option. But buying gold bars or jewellery isn’t the only way to invest. There are gold-related stocks that can give you similar benefits, plus a chance to grow your money over time. If you’re just starting out or even if you’ve been investing for a while, here are 7 gold-related stocks in India that might be worth keeping an eye on.
(The prices are noted on 4th March, 2025)
CMP: ₹508.30
Kalyan Jewellers is one of the biggest jewellery brands in India. You’ve probably seen their ads with Bollywood celebs. They’ve got hundreds of stores across India and even some in the Middle East. As of May 2025, the stock was priced around ₹508. It’s had some ups and downs but generally holds strong, especially when gold demand picks up during weddings or festivals. They’re also going big on digital shopping, which helps them connect with younger buyers.
CMP: ₹3,330.00
Titan is a Tata Group company, so it’s got serious backing. Their jewellery brand, Tanishq, is super popular. Titan isn’t just about gold though; they also make watches (like Fastrack) and run eyewear stores. So, the business doesn’t rely on just one thing. As of May, the stock was trading at around ₹3,330. It’s seen some recent dips, but overall, Titan has been a steady player and a favourite among long-term investors.
CMP: ₹180.20
Rajesh Exports isn’t a brand you see in malls, but it’s a major player behind the scenes. They manufacture a ton of gold jewellery and export it around the world. The stock has dropped from earlier highs and was around ₹180 in May 2025. Still, because they’re such a huge manufacturer, they’re tightly connected to global gold demand. It’s not the flashiest stock, but it’s one to watch if you’re into the behind-the-scenes part of the industry.
CMP: ₹12.45
PC Jeweller used to be a big name in Indian jewellery retail. They've had a tough few years, with slower growth and some business issues. But they still have a decent store network, and if they manage a comeback, the stock could bounce back too. This one’s more of a high-risk, high-reward kind of pick, only for those okay with a bit of uncertainty.
CMP: ₹81.30
This one’s different, it’s not a jewellery company. SBI Gold ETF is a fund that tracks the price of gold. So, if gold goes up, this ETF usually does too. It’s great for people who want to invest in gold but don’t want to deal with the hassle of storing it. As of May, the fund’s value was about ₹81, and it gave a return of over 30% in one year. Not bad for something you can buy and sell just like a regular stock.
CMP: ₹1,990.00
Thangamayil is a well-known name in South India. They focus mainly on Tier 2 and Tier 3 cities and are popular during wedding seasons. The stock was trading at around ₹1,990 in May 2025, and they’ve posted strong profits in recent years. If you're looking for a smaller but solid jewellery company with loyal regional customers, this one’s worth a look.
CMP: ₹353.50
Goldiam makes diamond and gold-studded jewellery, mostly for people outside India. They export a lot to the US and Europe. Their stock price was around ₹405 in March. Since they deal with exports, they benefit when global demand for fine jewellery is strong. If you like companies that work globally and aren’t just tied to the Indian market, Goldiam has that international edge.
Investing in gold doesn’t have to be complicated. There are many ways to do it without buying physical gold. Some companies sell jewellery, some export gold products, and some track gold prices through ETFs. Each one fits a different type of investor. Titan is a steady option. ETFs move with gold prices. PC Jeweller is riskier but could offer big returns. Gold is seen as a safe choice when the market is uncertain. These stocks give a simple way to invest in gold—no gold bars or safes needed.
