Gold prices before Dhanteras 2026: Have 22K and 24K rates risen or fallen this week?

Planning to buy gold this Dhanteras on Friday, November 6? Before heading to your favourite jewellery store, you may want to take a look at how prices of the yellow metal have moved over the past week.

Gold rates have declined between October 28 and November 3, although the yellow metal witnessed some fluctuations during the period.

Gold prices in India: Weekly comparison

24-carat gold was priced at ₹1,43,300 per 10 grams on October 28. The rate increased to ₹1,44,110 on October 29 before easing marginally to ₹1,44,090 on October 30.

Gold prices then saw a sharper correction on October 31, when the rate dropped to ₹1,39,030 per 10 grams. Prices remained almost unchanged over November 1 and 2 before recovering slightly to ₹1,39,530 on November 3.

A similar trend was seen in 22-carat gold prices. The rate moved from ₹1,31,360 per 10 grams on October 28 to ₹1,32,110 on October 29. It subsequently declined to ₹1,27,450 on October 31 and remained largely stable over the next two days. On November 3, it recovered slightly to ₹1,27,910 per 10 grams.

Overall, 24-carat gold declined by ₹3,770 per 10 grams during the week, while 22-carat gold fell by ₹3,450 per 10 grams.

Gold prices across major Indian cities

According to Upstox's November 3 city-wise data, 24-carat gold was priced at ₹1,39,530 per 10 grams in Delhi, Chennai and Bengaluru. The corresponding 22-carat rate in these cities was ₹1,27,910.

In Mumbai, Kolkata, Hyderabad and Pune, 24-carat gold was quoted at ₹1,39,380 per 10 grams, while 22-carat gold stood at ₹1,27,760.

How do gold prices compare with Dhanteras 2025?

Gold prices have also moved higher compared with the previous festive season.

What should buyers keep in mind?

The recent decline could offer some relief to consumers planning to purchase jewellery, coins or gold bars ahead of Dhanteras. However, gold prices can change daily depending on international bullion rates, currency movements and global economic developments.

Buyers should also remember that the final jewellery bill includes making charges and applicable taxes over and above the quoted gold rate.