Gold and Silver Prices Ahead of Dhanteras 2026: Gold Costs ₹12,038 More Than Last Year, Silver Up Nearly 10%

Gold and silver buyers heading to jewellery stores this Dhanteras will have to spend more than they did last year. Gold prices have risen by over ₹12,000 per 10 grams since Dhanteras 2025, while silver has become nearly ₹17,000 costlier per kilogram, according to India Bullion and Jewellers Association (IBJA) data.

Dhanteras falls on Friday, November 6, this year, ahead of Diwali on November 8. The festival is traditionally associated with purchases of gold, silver, coins and jewellery.

IBJA's latest comparable closing rates, available for November 4, show 24-carat gold at ₹1,41,622 per 10 grams, compared with ₹1,29,584 on October 17, 2025, the last trading day before Dhanteras last year.

Silver was quoted at ₹1,86,133 per kilogram on November 4, against ₹1,69,230 per kilogram before last year's festival.

That puts gold's increase at 9.29%, while silver has gained 9.99% over the same period.

Retail prices are higher and vary across cities. On November 5, 24-carat gold in Mumbai was quoted at ₹1,45,600 per 10 grams, while silver was priced at ₹1,90,730 per kilogram, according to published retail-rate data.

Gold and Silver Prices Before Dhanteras: How Much More Will Buyers Pay This Year?

The rise in precious metal prices means households planning to buy the same quantity of gold or silver as last Dhanteras will need a larger budget.

Based on IBJA's comparable closing rates, a buyer purchasing 10 grams of 24-carat gold would pay ₹12,038 more than around last year's Dhanteras. For one kilogram of silver, the difference is ₹16,903.

For smaller purchases, the increase is also noticeable. Five grams of 24-carat gold would cost approximately ₹6,019 more at the November 4 reference rate than at the October 17, 2025 rate.

The figures reflect changes in the underlying metal prices and do not include GST, jewellery making charges or other retail costs.

Silver has recorded a slightly higher percentage increase than gold over the comparison period. However, both metals have seen sharp price swings in recent months, and their gains over the past year do not mean prices have moved steadily upwards.

Gold Rate Today in Mumbai, Delhi and Other Cities Ahead of Dhanteras

Retail gold and silver prices on November 5 show differences across major cities.

In Delhi, 24-carat gold was quoted at ₹1,45,510 per 10 grams, while silver stood at ₹1,90,570 per kilogram.

Mumbai recorded a gold rate of ₹1,45,600 per 10 grams and silver at ₹1,90,730 per kilogram.

In Bengaluru, 24-carat gold was priced at ₹1,45,880 per 10 grams and silver at ₹1,91,050 per kilogram. Chennai had a gold rate of ₹1,46,020 per 10 grams, with silver at ₹1,91,290 per kilogram.

Hyderabad recorded 24-carat gold at ₹1,45,830 per 10 grams and silver at ₹1,91,030 per kilogram. Kolkata's corresponding rates were ₹1,45,570 and ₹1,90,650.

These are November 5 retail reference rates and may change before Dhanteras purchases begin on Friday.

The latest international price movements have also kept bullion markets active. Gold and silver gained in overseas trading following the US midterm elections, while movements in the dollar and expectations around interest rates remain important factors for precious metal prices.

For buyers, the final amount paid at a jewellery store will depend on the day's quoted rate, purity, making charges and taxes. A 22-carat jewellery purchase will also have a different metal value from a 24-carat gold coin.

With Dhanteras just a day away, the November 6 opening rates and any further movement in gold and silver prices will be closely watched by festive buyers.

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