Investors who purchased gold and silver during Dhanteras 2025 have seen their holdings appreciate over the past year. According to the India Bullion and Jewellers Association (IBJA), 24-carat gold prices have risen by approximately 9.3%, while silver prices have gained around 10%. This means silver has slightly outperformed gold for buyers who entered the market around last year's Dhanteras.
On 17 October 2025, the last trading session before Dhanteras, 999-purity gold was priced at ₹1,29,584 per 10 grams. As of 4 November 2026, the latest evening rate stood at ₹1,41,622 per 10 grams, representing an increase of ₹12,038 per 10 grams. Silver's 999-purity rate increased from ₹1,69,230 per kg to ₹1,86,133 per kg, translating into a gain of ₹16,903 per kg.
Consumers who invested ₹1 lakh in 24-carat gold around Dhanteras last year would have accumulated approximately 7.72 grams. At the latest rate, the same quantity would be worth around ₹1.09 lakh, indicating a gain of approximately ₹9,290. Similarly, an investment of ₹1 lakh in silver would have bought about 591 grams, now worth approximately ₹1.10 lakh, reflecting a gain of around ₹9,988.
Buyers should note that IBJA benchmark rates exclude 3% GST and making charges. Therefore, the actual resale value of gold jewellery or physical silver purchases may not reflect the same percentage gain. Additional costs and buyback policies can also affect the returns.