Gold prices dipped on Dhanteras, the most auspicious day of the year to buy gold in India, with international spot gold slipping to around $4,064 an ounce on Friday morning — down from above $4,100 earlier in the week.
Dhanteras falls on Friday, November 6, 2026, and Diwali follows on Sunday, November 8. Millions of Indian households traditionally buy gold jewellery, coins and bars on Dhanteras, making it one of the biggest gold-buying days of the year.
What gold and silver cost today
International spot gold was trading at about $4,064 to $4,073 an ounce on Friday morning, down roughly 0.6% to 1% on the day. Silver was near $51.90 an ounce, holding close to the $52 level.
In India, the benchmark 24-carat gold rate held steady at Rs 1,46,020 per 10 grams, unchanged from Thursday, according to retail rate trackers. Twenty-two-carat gold, the purity most commonly used for jewellery, stayed at Rs 1,33,850 per 10 grams. Silver held at about Rs 2,10,000 per kilogram in major cities.
The India Bullion and Jewellers Association’s indicative rates told a softer story: fine gold at Rs 14,102 per gram, down Rs 311 from Thursday’s Rs 14,413, and silver at Rs 1,81,863 per kilogram, down Rs 5,437. Jewellery rates vary by city and jeweller, and making charges and GST sit on top.
A cooler market than a month ago
Gold remains well below its all-time high of $5,405 an ounce, reached in January 2026, and has drifted lower in recent weeks as the dollar steadied after the US midterm elections. MCX gold futures for December delivery fell about 1.6% during Friday’s session to around Rs 1,41,700 per 10 grams.
For Dhanteras buyers, the dip is modestly good news: gold costs less today than it did at the start of the week. But jewellers caution that the price on the board is only the starting point — making charges of 7% to 14% and 3% GST can add a large sum to a jewellery bill.
Related: Gold Tops $4,100 as Dollar Slides After US Midterm Elections | Silver Price Nears $53 as Precious Metals Rally With Gold
Sources: FinanceChecks Dhanteras 2026 gold and silver rates (6 Nov 2026, citing Goodreturns and Paytm Gold); LatestPriceListIndia gold rate 6 Nov 2026; Economic Times 22k gold and silver rates (6 Nov 2026, IBJA data); GoldPrice.com live spot (6 Nov 2026).
