Dhanteras 2026 Gold Shopping Guide: Buy Gold at Current Rates or Avoid? Prices Sit About 19% Below the January Peak, and Experts Weigh In
- November 6, 2026
- Posted by: Ankit Jaiswal
- Category: Market
Delhi 24K gold Rs 1,48,800/10 gm, 19% below Rs 1,83,000 peak (PTI, 5 Nov). MCX Dec gold Rs 1,45,146. Dhanteras is 6 Nov 2026. Rates vary by city.
Quick Answer
Dhanteras 2026 gold buyers ask whether to buy gold now, with Delhi 24-carat at Rs 1,48,800 per 10 grams on 5 November, about 19% below the January peak, per PTI. Compare charges, options and risks first.
Dhanteras 2026 gold buyers ask whether to buy gold now, with Delhi 24-carat at Rs 1,48,800 per 10 grams on 5 November, about 19% below the January peak, per PTI, against the record Rs 1,83,000 on 29 January. Dhanteras falls today, Friday, 6 November 2026. Experts quoted by the press see a chance to accumulate, but prices have swung widely. Rates differ by city and source. This guide helps you decide whether to buy gold today and how. It is not investment advice.
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Gold Prices Before Dhanteras 2026
| Item | Level |
|---|---|
| Delhi 24-carat gold, 5 November (inclusive of taxes) | Rs 1,48,800 per 10 grams (down 19% from Rs 1,83,000 on 29 January) |
| Last year’s Dhanteras, per PTI | Rs 1,32,400 per 10 grams |
| Delhi silver, 5 November | Rs 1,94,500 per kg (down 52% from the January peak) |
| MCX December gold, 5 November | Rs 1,45,146 per 10 grams (about 4:15 PM IST) |
| Spot gold, 6 November | About USD 4,100 per ounce |
Different sources show different rupee prices. PTI quotes taxes-inclusive Delhi retail rates, MCX is a futures price, and an Eternz article listed Rs 1,40,054 for 30 October. Use your jeweller’s quote on the day, and compare the price breakup.
Is Dhanteras 2026 a Good Time to Buy Gold?
| Argument | Detail |
|---|---|
| For buying | Gold is about 19% to 20% below its January peak, and Axis Direct says the dip offers long-term investors a chance to add gold in a staggered manner |
| For caution | Gold is still about 8% above last Dhanteras, and fell sharply through October, so it may stay volatile |
| Short-term drivers | A stronger dollar, high US interest rates and Middle East tension weighed on prices, per Business Today |
| Supports | Central bank buying and ETF inflows support the longer-term case |
| Tradition | Many families buy a small hallmarked item for the festival regardless of price |
Axis Direct expects gold to reach Rs 1.65 lakh to Rs 1.80 lakh per 10 grams by next Dhanteras, per Business Today. That is a brokerage forecast, not a promise, and gold has fallen with stocks at times in 2026. Weigh it against your own goals. See our separate guide on the gold price forecast for next Dhanteras.
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Dhanteras Muhurat and Buying Window
| Slot (New Delhi, per Drik Panchang via Eternz) | Time |
|---|---|
| Gold buying window | 10:30 AM on 6 November to 6:37 AM on 7 November |
| Shubha | 12:05 PM to 1:27 PM |
| Chara | 4:11 PM to 5:33 PM |
| Dhanteras puja | 6:02 PM to 7:57 PM |
| Labha | 8:49 PM to 10:27 PM |
Timings vary by city, so check with your local pandit or panchang. You do not need to buy at a particular minute to benefit from the tradition.
Ways to Buy Gold and What They Cost
| Option | Points to check |
|---|---|
| Jewellery | BIS hallmark with a six-character HUID, making charges and 3% GST; resale usually returns gold value minus deductions |
| Coins and bars | Usually lower charges than jewellery and easier to resell, plus 3% GST and a small premium |
| Digital gold | Platform spread plus GST; suits small regular buying |
| Gold ETFs and funds | Expense ratio; traded on the exchange without holding metal |
Retailer data suggests value matters this year. PTI quotes the All India Gem and Jewellery Domestic Council chairman Rajesh Rokde as expecting 20% to 30% growth in sales by value, but flat volumes. Senco Gold targets over 20% growth, per PTI. Listed jewellers such as Titan, Kalyan Jewellers and Senco Gold are sensitive to gold prices and festive demand.
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Risks to Weigh Before Buying
| Risk | Why it matters |
|---|---|
| Price volatility | Gold fell about 20% from the January peak within the year |
| Further falls | Liquidity selling and a firm dollar could weigh further |
| Making charges | They can add a large amount on designer pieces |
| Import duty | The Eternz article says duty was raised to 15% in May 2026; a cut would lower domestic prices |
| Purity | Buy only hallmarked gold and keep the invoice |
Conclusion
Dhanteras 2026 gold prices are well below the peak but still above last year, so buy only what fits your budget and goal. Compare options, avoid overpaying in making charges and consider staggering purchases.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on Dhanteras 2026 Gold
Should I buy gold on Dhanteras 2026?
Ans. Univest cannot say. Gold is about 19% below the January peak but still about 8% above last Dhanteras. Axis Direct suggests staggered buying for long-term investors. Decide using your budget, goal and time horizon.
What is the gold price on Dhanteras 2026?
Ans. PTI reported Delhi 24-carat gold at Rs 1,48,800 per 10 grams on 5 November, inclusive of taxes. MCX December gold was Rs 1,45,146. Check your jeweller's quote for the day.
When is Dhanteras 2026 and the gold buying muhurat?
Ans. Dhanteras is on Friday, 6 November 2026. Drik Panchang timings for New Delhi, quoted by Eternz, give a buying window from 10:30 AM on 6 November to 6:37 AM on 7 November. Timings vary by city.
How far is gold from its peak?
Ans. Delhi gold is about 19% below the Rs 1,83,000 peak of 29 January 2026, per PTI. Silver is about 52% below. Spot gold in dollars is also well below its January record.
What is the best way to buy gold on Dhanteras?
Ans. It depends on your goal. Coins and bars usually cost less than jewellery, digital gold suits small amounts and ETFs avoid storage. Jewellery adds making charges. Check hallmark, GST and resale terms.
What expert views are available?
Ans. Axis Direct sees gold at Rs 1.65 lakh to Rs 1.80 lakh by next Dhanteras and suggests staggered buying. GJC expects sales up 20% to 30% by value. These are opinions and can be wrong.
Will gold prices fall further?
Ans. They might. Business Today notes a stronger dollar, high US rates and liquidity selling weighed on gold. A change in Fed policy could help, but no one can predict it.
Is gold safer than stocks?
Ans. Not always. Gold fell about 20% from its peak this year and can fall with stocks. Treat it as a diversifier and limit your allocation to what suits your risk.
