Gold ETFs Today on Dhanteras: Why Gold BeES and Tata Gold Fell Up to 2%, What Gold ETFs Cost and How to Buy Them After a 20% Gold Correction

Gold BeES Rs 115.81, down 1.96% at 10:12 AM, 6 Nov 2026. Gold ETFs fell up to 4.53% in a month but rose about 12.4%-12.6% since last Diwali. Press and data pages.

Gold ETFs today fell up to 2% on Dhanteras, Friday 6 November 2026, with Nippon India’s Gold BeES and the Tata Gold ETF lower as gold slipped on profit-booking and a firm dollar, per press reports. Prices below come from market data pages and news reports and are time-stamped, so check live quotes on NSE or BSE before you act. This guide explains the move, what each fund costs, the one-month and one-year picture, and how a gold ETF compares with jewellery and coins on the day many households buy gold.

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Gold ETFs Today: Prices and Moves on 6 November 2026

Fund	Latest price found	Move	Note
Nippon India ETF Gold BeES	Rs 115.81	Down Rs 2.32 (-1.96%)	10:12 AM IST on 6 November; previous close Rs 118.13
ICICI Prudential Gold ETF	Rs 122.62	Last price on data pages	Reported on 5 November; today’s price not confirmed here
Tata Gold ETF	Rs 13.89	Last price on data pages	Reported on 5 November; today’s price not confirmed here

Mint’s headline says Nippon India and Tata Gold ETFs fell up to 2% on Friday. Only the Gold BeES intraday quote could be matched to a time-stamped source, so treat the other two prices as the last confirmed levels, not today’s live price. A unit price also says nothing about cost: Tata Gold trades near Rs 13.89 and Gold BeES near Rs 116 because each unit represents a different small fraction of a gram of gold.

Why Gold ETFs Fell Today

Factor	What the press reported
Profit-booking	Gold ETFs rallied on 4 and 5 November. Gold BeES gained about 3.3% on Wednesday and gold ETFs rose nearly 2% on Thursday as global gold recovered
Firm dollar	Business Standard linked the dip to a stronger dollar ahead of US jobs data
Domestic gold	MCX December gold traded near Rs 1,42,450 per 10 grams and silver near Rs 1,84,035 to Rs 1,84,600 per kg in the morning
Technical view	An analyst quoted by Business Today called gold near USD 4,020 a buying opportunity toward USD 4,080 to USD 4,120 and saw MCX gold targeting Rs 1,43,000 or more; this is one analyst’s view, not a Univest call

Gold ETFs track the domestic gold price, which moves with global gold in dollars and with the rupee. When either moves against gold on a day, the ETF moves with it. The same point was made in our guides on Dhanteras 2026 gold buying and the gold price prediction for Dhanteras 2027.

A Month of Losses, A Year of Gains

Measure	Figure	Source note
Gold ETFs, one month to 4 November	All 25 listed schemes negative; Zerodha Gold ETF -4.53%, Mirae Asset Gold ETF -4.47%, UTI Gold ETF -4.41%	Livemint report, as relayed by Angel One
Since last Diwali	Nippon India Gold BeES 12.58%, Invesco Gold ETF 12.50%, ICICI Gold ETF 12.39%	Same report
Gold BeES from 9 October to 2 November	Rs 122.75 to Rs 112.53, a fall of about 8.3% (my arithmetic)	Press report
Gold BeES bounce from 2 November	Rs 112.53 to Rs 118.13 close on 5 November, about 5% (my arithmetic)	Press and data pages
Domestic gold versus peak	About Rs 1,42,000 per 10 grams versus a peak near Rs 1,80,000, a fall of more than 20%	Livemint report

The pattern is a hard fall in October, a sharp bounce this week and a small give-back today. Anyone who bought a gold ETF a year ago is still ahead, while anyone who bought near the January peak is not. That is why experts quoted in our asset allocation guide keep telling buyers to stagger purchases.

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What Gold ETFs Cost

Fund	AUM (data pages)	Expense ratio (data pages)
Nippon India ETF Gold BeES	About Rs 56,982 crore	0.81% on most pages; one page shows 0.79%
ICICI Prudential Gold ETF	About Rs 27,615 crore	0.49%
Tata Gold ETF	About Rs 6,138 crore	0.39%

Expense ratios differ between data pages and change over time, so confirm the current figure in the fund’s factsheet. On top of the expense ratio you pay brokerage and demat charges, and units can trade slightly above or below their net asset value, so a limit order helps. Tracking error, the gap between the fund and the gold price it follows, is worth checking for any fund you shortlist.

Gold ETF vs Jewellery vs Coins on Dhanteras

Point	Gold ETF	Jewellery or coins
Purity and storage	Held by the fund; no locker needed	You store it and must check hallmark and purity
Making charges	None	Jewellery carries making charges; coins usually carry a premium
GST	Not charged on buying units, but check your broker’s charges	3% GST on gold, as quoted by a jewellery retailer
Ongoing cost	Expense ratio	None, but insurance and locker cost may apply
Selling	Sold on the exchange at market price	Resale value depends on the jeweller’s buyback terms
Ritual value	No physical gold in hand	You take home something you can wear or gift

Many families buy on Dhanteras for tradition, and that is a valid reason to buy jewellery or a coin. If the purpose is investment, an ETF removes making charges and storage worries. Many households do both, a small coin for the ritual and an ETF for the investment.

How to Buy Gold ETFs

Step	What to do
1. Account	You need a demat and trading account with a broker
2. Pick the fund	Compare expense ratio, AUM, trading volume and tracking error; Gold BeES trades under the code GOLDBEES and Tata Gold under TATAGOLD
3. Check the price	Compare the market price with the fund’s indicative NAV to avoid a large premium
4. Use a limit order	It stops you buying at a price you did not intend if the market jumps
5. Split purchases	Buying in parts over weeks reduces the risk of picking one bad day
6. Track and review	Gold should be one part of your portfolio, not all of it

Taxes on gold ETF gains depend on the holding period and rules in force at the time of sale, so check the latest rules or ask a tax adviser before you plan an exit.

Risks to Know Before You Buy

Risk	Why it matters
Price volatility	Gold fell more than 20% from its January peak; ETFs fell with it
Currency	A weaker rupee can lift domestic gold, and a stronger rupee can cut it
Tracking and cost	Expense ratio and tracking error reduce returns versus spot gold
Liquidity	Smaller funds can have wider spreads than large funds such as Gold BeES
Concentration	Putting too much money in one asset raises portfolio risk

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Conclusion

Gold ETFs today are lower after a sharp bounce, and Gold BeES at about Rs 115.81 is still well above its 2 November low and below its October level. Whether you buy an ETF, jewellery or nothing on Dhanteras, decide the share of gold in your portfolio first and buy in stages.

Frequently Asked Questions on Gold ETFs Today

Why did gold ETFs fall today?

Ans. Gold ETFs fell up to 2% on Dhanteras after a sharp two-day rally. Press reports point to profit-booking and a firm dollar ahead of US jobs data, which pulled domestic gold lower. Because gold ETFs track the domestic gold price, they move down with it.

What is the Gold BeES price today?

Ans. At 10:12 AM IST on 6 November 2026, Nippon India ETF Gold BeES was at Rs 115.81, down Rs 2.32 or 1.96% from Rs 118.13. Prices change every second, so check a live NSE or BSE quote before you place an order.

Are gold ETFs a good buy on Dhanteras?

Ans. Univest cannot say that for you. A gold ETF can suit someone who wants gold exposure without making charges or storage, but gold is volatile and fell more than 20% from its peak. Decide your allocation, buy in parts and speak to a SEBI-registered adviser if unsure.

Gold ETF or physical gold: which is better?

Ans. They serve different goals. An ETF has no making charges, no storage risk and is easy to sell, but it charges an expense ratio and you do not hold the metal. Jewellery gives ritual and wearing value but carries making charges and purity checks.

What is the expense ratio of gold ETFs?

Ans. Data pages show about 0.39% for Tata Gold ETF, 0.49% for ICICI Prudential Gold ETF and 0.79% to 0.81% for Gold BeES. These figures differ by source and can change, so read the latest factsheet before investing.

Do I need a demat account to buy gold ETFs?

Ans. Yes. Gold ETFs trade on the exchange like shares, so you need a demat and trading account. Units are credited to the demat account, and you can sell them on the exchange during market hours.

How have gold ETFs performed recently?

Ans. Over the month to 4 November all 25 listed gold ETFs were negative, with losses of up to 4.53%. Since last Diwali the top funds returned about 12.4% to 12.6%. Past returns do not predict future returns.

What are the main risks of gold ETFs?

Ans. The main risks are gold price swings, currency moves, the expense ratio and tracking error, and thin liquidity in smaller funds. Gold can also stay flat for long periods, so keep it as one part of a diversified portfolio.