Dhanteras Gold and Silver Prices: 24K Gold at ₹1.46 Lakh, Silver Near ₹1.89 Lakh

Gold and silver were trading lower against the previous close as buyers marked Dhanteras on Friday, 6 November 2026. At 12:00 PM IST, 24 K gold was placed at ₹1,45,624 per 10 grams, or approximately ₹14,562 per gram. The corresponding 22K (916 purity) metal rate was ₹1,33,392 per 10 grams, while 999 fine silver was quoted at ₹1,89,404 per kilogram. These are time-specific reference quotations, not a price guaranteed at every jewellery shop. The rates exclude additional charges on a jewellery invoice. 

At 12:00 PM, 24K gold was down ₹686 per 10 grams, or 0.47%, from the previous close. The decline was modest in percentage terms but meaningful for anyone purchasing multiple grams of the metal. For a buyer, the important distinction is between the quoted metal price and the all-in bill; the latter also reflects purity, making charges, applicable taxes and any retailer-specific additions.

At the same time, 999 silver is at ₹1,89,404 per kg, down ₹1,336, or 0.70%, against the previous close. In rupee terms, a one-kilogram purchase would therefore be priced differently from a smaller coin or bar, whose final ticket price also depends on weight, fabrication costs and tax. Consumers should compare products of the same purity and weight rather than use a per-kilogram reference to judge the cost of a decorative item.

Gold and Silver Rates Across Major Indian Cities

City-wise quotations differed slightly at the same 12:00 PM IST snapshot. The 24K gold price was at ₹1,45,678 per 10 grams in Delhi, ₹1,45,478 in Mumbai, ₹1,45,763 in Chennai and ₹1,45,668 in Bengaluru. Kolkata’s quotation was ₹1,45,278, while Ahmedabad stood at ₹1,45,578. These are retail reference prices and not necessarily a retailer’s final offer for jewellery or coins.

Silver prices also varied from city to city. The source quoted ₹1,89,479 per kg in Delhi, ₹1,89,404 in Mumbai, ₹1,89,504 in Chennai, ₹1,89,564 in Bengaluru, ₹1,89,504 in Kolkata and ₹1,89,429 in Ahmedabad. Such differences can reflect the local premiums included in the reference board. For comparisons, buyers should check the same timestamp, purity, unit of weight, and treatment of taxes.

Dhanteras 2026 vs Dhanteras 2025: How Much Have Prices Changed?

A longer-term comparison tells a different story from the single-session dip. The benchmark of ₹1,46,165 per 10 grams for 24K gold was 9.19% above the ₹1,33,866 recorded for the comparable 2025 festival. The benchmark of ₹1,90,741 per kg was 5.46% above ₹1,80,870 a year earlier. 

The calendar matters here. Dhanteras in 2025 fell on Saturday, 18 October, when the source did not record a trading-day fix; its 2025 festival comparison therefore uses Friday, 17 October 2025. Dhanteras in 2026 falls on Friday, 6 November, with an actual same-day fix. The comparison indicates that metals remain more expensive than around last year’s festival, but it does not establish a return available to every investor after premiums, tax, and resale deductions.

24K, 22K and 18K Gold: Why Purity Changes the Price

Gold quoted as 24K or 999 is approximately 99.9% pure and is commonly used as a bullion reference. The 22K or 916 rate represents metal containing roughly 91.6% gold, while 18K or 750 refers to 75% purity. A lower karat does not necessarily make a finished piece cheaper than a higher-purity coin of the same weight, because a jewellery design may involve additional workmanship, stones, and other charges.

Buyers should confirm whether a shop is quoting price per gram or per 10 grams, whether the item includes stones, and how the billed net gold weight is calculated. That comparison is especially important for jewellery, where the retail bill is not simply the published gold rate multiplied by the gross weight.

GST and Making Charges: What the Final Bill Includes

The source says its retail reference metal rates are before GST and that a jewellery bill adds making charges. Central Board of Indirect Taxes and Customs guidance specifies 3% GST on the total transaction value of gold, diamond or silver jewellery, including making charges, even when the jeweller shows those charges separately. Buyers should therefore not assume that the headline metal quotation includes all compulsory taxes or the jeweller’s fabrication costs.
A proper price comparison should separate the metal rate, purity and net metal weight from making charges and any other itemised additions, then show the GST treatment and final payable amount. Coins and bars may attract fabrication or dealer premiums of their own. Buyers should request a detailed invoice instead of comparing only an advertised per-gram rate with the price charged at the checkout counter.

What Could Move Gold and Silver Prices After Dhanteras?

The rates move with international gold and the rupee, while local premiums influence the amount shown for each city. This means the price seen on the morning of Dhanteras need not be the rate available in the afternoon. Changes in international bullion quotations or the exchange rate may move domestic prices even if festive demand remains steady.

For the days ahead, the most useful indicators are the latest timestamped bullion quote, the daily benchmark, local retail premiums and the actual invoice price. A sharp move in silver may not be matched by gold, and short-term movements do not reliably establish a lasting trend. Buyers who compare the same purity, weight and billing basis are better placed to understand whether a quoted offer is genuinely competitive.

Conclusion

Dhanteras 2026 opened another chapter for precious-metal buyers with 24K gold at ₹1,45,624 per 10 grams and silver at ₹1,89,404 per kg at 12:00 PM IST reference snapshot. Both metals were lower against the previous close at that time. Yet the comparable fixed Dhanteras readings were 9.19% higher for gold and 5.46% higher for silver than around the 2025 festival, highlighting the difference between a daily move and the annual picture.

For anyone buying on 6 November, the practical issue is not whether the festival guarantees a favourable price. It is whether the quoted purity, weight, charges, GST and final amount are transparent. Because bullion rates change throughout the day, the figures in this article should be treated as a documented market snapshot rather than a standing retail offer. Check the source links and obtain an up-to-date invoice before completing a purchase.