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Gold and silver prices dip on Dhanteras 2026 (6 Nov)

📅 Published: 6 Nov 2026, 07:43 pm IST• 🔄 Updated: 6 Nov 2026, 07:43 pm IST• 4 min read• 2 views
Gold jewellery and silver coins displayed for the Dhanteras festival in India on November 6, 2026.
Gold and silver items are popular purchases during the Dhanteras festival.
Key Points
  • Dhanteras festivities see a drop in gold and silver prices.
  • 24K gold in Delhi is priced at ₹142,250 per 10 grams.
  • MCX futures for gold fell 1.18% on November 6.
  • International gold spot prices rose 1% due to a weaker US dollar.
  • Consumers are advised to compare retail rates across different jewellers.

Gold and silver prices declined across India on Friday, 6 November 2026, as the nation celebrated the auspicious Dhanteras festival. Dhanteras is regarded as one of the most auspicious times in India to buy gold and silver, with many families expected to acquire gold jewellery, coins, and silver items.

On 6 November 2026, fine gold (999) was priced at ₹14,413 per gram, while 22-karat gold was priced at ₹14,067 per gram. Silver (999) was priced at ₹187,300 per kilogram.

The price drop occurred across major retailers including Tanishq and Kalyan Jewellers.

Retail rates for gold and silver across major cities

In New Delhi, the 24-karat gold rate was ₹142,250 per 10 grams, while the 22-karat rate was ₹130,396 per 10 grams. New Delhi also recorded a 999-fine silver price of ₹183,990 per kilogram.

Mumbai reported 24-karat gold at ₹142,490 per 10 grams and 22-karat gold at ₹130,616 per 10 grams. The price for 999-fine silver in Mumbai was ₹184,310 per kilogram.

Kolkata recorded a 999-fine silver price of ₹184,200 per kilogram.

The retail price of 24-karat gold in Chennai was ₹142,850 per 10 grams, the highest among six major Indian cities. New Delhi and Kolkata had the lowest 24-karat gold prices. New Delhi recorded the lowest 999-purity silver price, while Chennai recorded the highest price for the metal.

Tanishq jewellery prices show decline

Tanishq showrooms in Kolkata listed 22-karat gold jewellery at ₹13,190 per gram on 6 November 2026. In Delhi, Tanishq jewellery prices were also ₹13,190 per gram on 6 November 2026.

This price in Delhi represents a decline from the ₹13,435 per gram recorded on 5 November 2026.

MCX futures trade lower on 6 November

Gold and silver futures traded lower on the Multi Commodity Exchange on the morning of 6 November 2026, despite gains in international markets.

Silver futures dropped 1.54% to ₹1,84,650 per kilogram at the same time.

International market trends influence bullion sentiment

Sentiment in the bullion market on 6 November 2026 was shaped by four factors: a weakening US dollar, lower US Treasury yields, falling crude oil prices, and anticipation of US payroll data. Falling crude oil prices reduced inflation fears, which contributed to the market environment on the same day.

Understanding gold and silver purity standards

Retail gold is available in 24-karat and 22-karat standards. 24-carat gold is the purest commonly traded form, containing 99.9% gold, and is used for investment products like coins and bars.

22-carat gold contains about 91.67% gold and is used for jewellery because other metals are added for durability. 999-purity silver contains 99.9% pure silver and is used for investment products including silver bars and coins.

Consumer advice for festive season purchases

Consumers are advised to remain alert to changing bullion prices as they plan purchases during the festive season. Buyers should monitor bullion prices before visiting jewellery stores because gold rates can differ between retailers even on the same day.

Frequently Asked Questions

What is the price of 24K gold in Delhi?
The 24-karat gold rate in New Delhi on 6 November 2026 was ₹142,250 per 10 gm.
Why did gold prices fall on Dhanteras?
Despite international price increases, gold prices dropped on 6 November 2026, coinciding with the Dhanteras festival.
What is the difference between 24K and 22K gold?
24-karat gold is 99.9% pure for investment, while 22-karat gold is 91.67% pure and used for jewellery.
How do international factors affect gold?
A weakening US dollar, lower Treasury yields, and falling crude oil prices influence bullion market sentiment.
How this story was made: written with AI assistance from the published reports and data linked below, then checked by automated filters that compare its facts against those sources. Spotted an error? Tell us and we will correct it. Our editorial policy.

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