# Gold and Silver Price Performance Since Dhanteras 2025 Comparing annual returns for precious metal investors based on official bullion benchmark rates. - **Source:** [mint - money](https://www.livemint.com/rss/money) - **Published:** 2026-11-04 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/6bf82aff-d1a5-4e54-9828-588de138b021 ## Annual Market Performance Overview Precious metals have shown consistent growth since the Dhanteras festival on October 18, 2025. Data from the India Bullion and Jewellers Association indicates that both gold and silver prices appreciated significantly by November 4, 2026. Investors who entered the market during the previous festive season have realized positive returns on their holdings. ## Gold Price Appreciation Analysis The price of 999-purity gold rose from ₹1,29,584 per 10 grams on October 17, 2025, to ₹1,41,622 by November 4, 2026. This represents a total increase of approximately 9.29% over the one-year period. Consequently, an initial investment of ₹1 lakh in gold would have yielded an indicative gain of about ₹9,290 for the investor. ## Silver Outperforms Gold Marginally Silver demonstrated slightly stronger growth compared to gold during the same timeframe. Prices for 999-purity silver climbed from ₹1,69,230 per kg to ₹1,86,133, marking a 9.99% increase. An investment of ₹1 lakh in silver would have resulted in an indicative gain of approximately ₹9,988, slightly outpacing the returns seen in gold assets. ## Investment Calculation Methodology Investors can estimate current values using the ratio of current rates to purchase prices. For gold, the formula divides the original investment by ₹1,29,584 and multiplies by ₹1,41,622. A similar proportional method applies to silver using the respective benchmark rates of ₹1,69,230 and ₹1,86,133 to determine the current market value of holdings. ## Benchmark Rates vs Resale Reality IBJA benchmark rates serve as a reference but exclude critical costs like 3% GST and jeweler making charges. These additional expenses are typically not recovered during resale. Therefore, the actual realized gain for a consumer selling physical jewelry may be lower than the percentage increase observed in pure bullion market prices. ## Impact of Purity and Deductions Jewelry buyers must distinguish between 24-carat benchmarks and 22-carat or 916-purity items. Jewelers often apply specific deductions based on purity levels and internal buyback policies during the liquidation process. These factors mean that physical asset holders face different financial outcomes compared to those holding pure gold coins or silver bars. ## Contextualizing Festive Metal Purchases Dhanteras remains a traditional period for precious metal acquisition in India, often driven by cultural significance rather than purely speculative investment. While the recent 9-10% appreciation provides a positive outlook, consumers should view these figures as indicative. Market volatility and transaction costs remain essential variables for any long-term financial planning. ## Strategic Investor Takeaways The data confirms that both gold and silver acted as effective hedges over the past year. While silver provided a marginally higher return, the physical nature of these investments requires careful consideration of hidden costs. Investors should prioritize purity and transaction transparency to ensure their festive purchases maintain value over the long term. ## Sources covering this story - https://www.livemint.com/money/personal-finance/gold-and-silver-prices-today-bought-on-dhanteras-2025-check-what-your-1-lakh-investment-is-worth-now-11793795164740.html — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._