What Is the Gold Price Today in India on Dhanteras 2026? 24K and 22K Rates Explained
Key Takeaways
- 24K gold was about Rs 1,46,085 per 10 grams on the morning of Dhanteras, 6 November 2026, and 22K about Rs 1,33,814.
- MCX gold jumped about Rs 7,770 per 10 grams in two days, from Rs 1,38,000 on 3 November to Rs 1,45,770 on 5 November.
- The rebound followed the US midterm results, a weaker dollar, lower bond yields and a sharp fall in crude oil prices.
- Gold is still about 18 percent below its 30 January 2026 peak of Rs 1,76,121 per 10 grams, but up about 11 percent since last Dhanteras.
- Buyers should compare making charges, insist on BIS-hallmarked jewellery and check the live rate before buying.
The gold price today in India is in sharp focus because Dhanteras falls today, 6 November 2026, and millions of households buy gold on this day. After a steep correction from the record highs of January, prices have rebounded sharply in the last two days, so buyers walking into a jewellery store today will find rates noticeably higher than they were at the start of the week.
What is the gold price today in India?
On the morning of 6 November 2026, the All India Bullion reference rate from Zaveri Bazar, Mumbai, put 24-karat gold at Rs 14,609 per gram, or Rs 1,46,085 per 10 grams. The 22-karat rate, the purity most commonly used for jewellery, was Rs 13,381 per gram, or Rs 1,33,814 per 10 grams. Silver (999 purity) was trading at Rs 1,90,941 per kilogram. Other trackers showed nearly identical levels: one daily rate page listed 24K gold at Rs 1,46,170 per 10 grams, 22K at Rs 1,34,000 and 18K at Rs 1,09,670, with a rise of 2.23 percent on 5 November alone.
These are indicative reference rates. The price a buyer actually pays varies by city, because jewellers add making charges and GST on top of the metal rate, and local premiums differ. Delhi, Mumbai, Chennai and Kolkata usually quote slightly different rates on the same day, so it is worth checking the rate with two or three jewellers before buying. Rates also move through the day, and the figures above are the morning reference for 6 November.
The futures market tells the same story. On the Multi Commodity Exchange (MCX), December gold was trading at Rs 1,45,146 per 10 grams on the afternoon of 5 November, up 1.33 percent on the day. Just two days earlier, on 3 November, MCX gold had been at Rs 1,38,000 per 10 grams. That is a jump of about Rs 7,770 per 10 grams in two sessions. Silver moved even faster, rising by roughly Rs 14,400 per kilogram over the same two days.
Why did gold prices jump just before Dhanteras?
The immediate trigger came from the United States. The Democratic Party's gains in the US midterm elections weakened the US dollar to its lowest level since late September and pushed Treasury bond yields lower. A weaker dollar usually supports gold, because the metal becomes cheaper for buyers using other currencies, and lower bond yields reduce the appeal of holding interest-bearing assets instead of gold. Analysts quoted in the press also pointed to a sharp fall in crude oil prices, which eased inflation worries, and to the possibility of an end to the US-Iran tensions that had kept oil and gold markets nervous.
Festive demand is the second factor. Dhanteras is traditionally one of the biggest gold-buying days of the year in India, and Diwali follows on Sunday, 8 November. Jewellers report a rush of buyers in the days before the festival, and that seasonal demand arrives this year just as global prices are rebounding. The combination of a global rebound and festival buying explains why the jump has been so sharp.
The third factor is gold's role as a safe haven. The India Bullion and Jewellers Association's president has noted that geopolitical uncertainty, expectations around interest rate movements and steady central bank purchases drove the sharp rally in the early part of 2026. The Reserve Bank of India itself held 880.52 metric tonnes of gold as of March 2026, with gold's share of India's total foreign exchange reserves climbing to 16.85 percent by May 2026, up from 13.92 percent six months earlier. When central banks keep buying, it puts a floor under prices even during corrections.
Gold's journey in 2026: from record high to correction
The rebound of the last two days looks very different when placed against the full year. Gold hit its peak on 30 January 2026, when the India Bullion and Jewellers Association's 999-purity price reached Rs 1,76,121 per 10 grams. By 5 November it had fallen to Rs 1,44,129, a decline of about 18 percent from that peak. Internationally, gold slipped below 4,000 dollars an ounce after scaling record highs in January, and one market report put the metal down 26 percent from a January record above 5,300 dollars an ounce.
The fall had clear causes. The nomination of Kevin Warsh as the next US Federal Reserve chair on 30 January was the immediate trigger, and hopes of interest rate cuts then gave way to rate hikes. High crude oil prices above 100 dollars, higher US bond yields and a strong dollar all weighed on the metal through the year. US inflation rose from 3.4 percent in August to 3.7 percent in September, keeping the pressure on.
Even after the correction, gold has still rewarded patient buyers. From the last Dhanteras to 5 November 2026, the metal returned about 11 percent. That is far below the roughly 65 percent jump between Dhanteras 2024 and Dhanteras 2025, but it still beat both the Nifty and the Sensex over the same period. Compared with a year ago, when 24-karat gold was about Rs 1,21,286 per 10 grams, today's rate is roughly 20 percent higher.
What should Dhanteras buyers keep in mind?
First, treat the published rate as a starting point, not the final bill. Making charges vary widely between jewellers and can add a large amount to the cost of a piece, especially for intricate designs. GST is charged on top of the total. Comparing the same design at two or three stores is the simplest way to avoid overpaying.
Second, buy hallmarked jewellery. The BIS hallmark is the official assurance of purity, and it matters most for 22-karat jewellery, where the difference between claimed and actual purity is the easiest place to lose money. Ask for a proper bill that states the weight, purity and rate separately.
Third, remember that prices are volatile. Some market experts quoted in the press expect gold to move towards Rs 1,55,000 per 10 grams by December, but forecasts are not guarantees, and the same experts warn that a sustained recovery is uncertain. Gold needs to hold key technical levels internationally, and the metal's direction will depend on the dollar, US interest rates and global tensions. Buying on Dhanteras is a tradition and a long-term store of value for most households, but it is not a promise of short-term gains. This article is information, not investment advice.
FAQ
### What is the 24K gold price today in India?
On the morning of 6 November 2026, the All India Bullion reference rate put 24-karat gold at Rs 14,609 per gram, or about Rs 1,46,085 per 10 grams. Rates move during the day and differ slightly by city, and jewellers add making charges and GST.
### What is the 22K gold price today?
The 22-karat gold rate, the purity most used for jewellery, was about Rs 13,381 per gram, or Rs 1,33,814 per 10 grams, on 6 November 2026. Some city trackers listed it slightly higher, at about Rs 1,34,000 per 10 grams.
### Why is the gold price rising before Dhanteras?
Gold rebounded after the US midterm election results weakened the dollar and pushed bond yields lower, while crude oil prices fell sharply. Festive buying ahead of Dhanteras on 6 November and Diwali on 8 November added to the demand, and gold's safe-haven appeal supported the rally.
### Is it a good time to buy gold on Dhanteras?
Dhanteras is traditionally considered an auspicious day to buy gold, and gold has returned about 11 percent since last Dhanteras despite an 18 percent correction from its January peak. But prices are volatile and forecasts differ, so buyers should compare making charges, insist on BIS-hallmarked jewellery and buy within their budget rather than expecting quick gains.
Conclusion
The gold price today in India reflects two stories at once: a sharp two-day rebound driven by a weaker dollar, falling crude and festive demand, and a much bigger correction from the record highs of January 2026. At about Rs 1,46,000 per 10 grams for 24-karat gold, Dhanteras buyers are paying roughly 20 percent more than a year ago but about 18 percent less than the January peak. For households buying on tradition, the day matters more than the rate. For everyone else, the sensible approach is the same as ever: check the live rate, compare making charges, buy hallmarked jewellery, and remember that gold is a long-term store of value, not a quick profit.
*Rates quoted are the morning reference rates for 6 November 2026 from All India Bullion and other public trackers; check the live rate before buying. Also see our [Dhanteras 2026 muhurat and puja timings](https://indiaask.tech/question.php?slug=dhanteras-2026-muhurat-mumbai-pune-nagpur-nashik) and our explainer on [why the Sensex rallied 2,009 points on 5 November](https://indiaask.tech/question.php?slug=sensex-rises-2009-points-5-november-2026-explained). External sources: [All India Bullion live gold rate](https://allindiabullion.com/gold-rate-today) and [The Economic Times on Dhanteras gold buying](https://economictimes.indiatimes.com/wealth/invest/dhanteras-gold-buying-gold-gave-11-09-return-in-one-year-can-its-prices-recover-to-january-peaks-till-next-dhanteras/articleshow/135565042.cms).*
Frequently Asked Questions (FAQ)
What is the 24K gold price today in India?
On the morning of 6 November 2026, the All India Bullion reference rate put 24-karat gold at Rs 14,609 per gram, or about Rs 1,46,085 per 10 grams. Rates move during the day and differ slightly by city, and jewellers add making charges and GST.
What is the 22K gold price today?
The 22-karat gold rate, the purity most used for jewellery, was about Rs 13,381 per gram, or Rs 1,33,814 per 10 grams, on 6 November 2026. Some city trackers listed it slightly higher, at about Rs 1,34,000 per 10 grams.
Why is the gold price rising before Dhanteras?
Gold rebounded after the US midterm election results weakened the dollar and pushed bond yields lower, while crude oil prices fell sharply. Festive buying ahead of Dhanteras on 6 November and Diwali on 8 November added to the demand, and gold's safe-haven appeal supported the rally.
Is it a good time to buy gold on Dhanteras?
Dhanteras is traditionally considered an auspicious day to buy gold, and gold has returned about 11 percent since last Dhanteras despite an 18 percent correction from its January peak. But prices are volatile and forecasts differ, so buyers should compare making charges, insist on BIS-hallmarked jewellery and buy within their budget rather than expecting quick gains.
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