What if the gold you bought last Dhanteras is now worth thousands of rupees more? Even after a sharp fall from its record high earlier this year, gold prices are still significantly above their levels a year ago. But the actual gain depends on when you purchased it and the price you paid.
With Dhanteras falling on November 6 this year, many buyers are once again looking at gold jewellery, coins and bars. Here’s what happened to gold prices over the past year and what the latest market trends mean for buyers.
How Much Is 10 Grams of Gold Worth Now?
On November 5, 2026, the indicative 24-carat gold rate in Delhi was around ₹1,43,236 per 10 grams. The rate can vary across cities and jewellers.
For comparison, the 24-carat gold price was approximately ₹1,23,085 per 10 grams on November 5, 2025.
| Particulars | Approximate Value |
|---|---|
| Gold price on November 5, 2025 | ₹1,23,085 |
| Gold price on November 5, 2026 | ₹1,43,236 |
| Increase in value | ₹20,151 |
| Approximate price appreciation | 16.4% |
This means 10 grams of gold purchased at ₹1,23,085 would have a market value of approximately ₹1,43,236 today, an increase of around ₹20,151.
Important: This is a price comparison, not a guaranteed investment return. It excludes taxes, making charges and other purchase or selling costs. Someone who bought gold on Dhanteras 2025 may have paid a different price.
Gold Has Corrected From Its 2026 Peak
Gold prices did not move upwards throughout the year. The metal reached a much higher level in January 2026 before correcting from its peak.
This is an important reminder for buyers: gold can experience sharp price movements even when its longer-term trend remains positive. Buying after a price correction does not automatically mean that gold has become cheap.
Why Is Gold Demand Still Strong?
The latest World Gold Council report for the September 2026 quarter shows that India’s gold demand reached 162.5 tonnes, rising 24% compared with the previous quarter. However, demand was still 29% lower than the same period last year.
Jewellery demand increased 33% quarter-on-quarter to 100 tonnes. But high prices continued to affect buying volumes.
Globally, central banks purchased a net 321 tonnes of gold during the quarter, while physically backed gold ETFs recorded inflows of 211 tonnes.
These figures show that gold continues to attract interest, but consumer demand in India remains sensitive to prices.
Should You Buy Gold This Dhanteras?
Gold can play a role in long-term financial planning, but buying it only because prices have increased in the past is not a sound investment strategy.
Before purchasing gold this Dhanteras, consider these points:
- Your purpose: Jewellery for personal use and gold for investment have different costs and considerations.
- Your budget: Avoid using emergency savings or borrowing money just to buy gold.
- Price fluctuations: Gold prices can rise or fall depending on global interest rates, currency movements, inflation and geopolitical developments.
- Purchase costs: Jewellery making charges, taxes and resale deductions can affect your actual returns.
If you are buying gold as an investment, compare the costs and features of physical gold, gold ETFs and other available options before deciding.
Also read: Buying Gold Jewellery on Dhanteras? Check These 5 Things Before You Pay
What Should Buyers Remember?
The value of gold has increased over the past year, but past price appreciation does not guarantee similar returns in the future. Whether you are buying jewellery or investing in gold this Dhanteras, make the decision based on your financial goals rather than recent price movements.
Disclaimer: Gold prices mentioned are indicative and may vary across cities and jewellers. Investment returns are subject to market fluctuations. Past performance does not guarantee future returns.
