Finance1 min read

Dhanteras 2026: Gold price soars over 360%! ₹30,000 investment in gold 10 years ago is ₹1.41 lakh today

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In short

The precious metal expanded 4.6-fold over a 10-year span despite enduring periodic corrections such as a 5.6% drop in 2021. Sharp domestic gains followed, highlighted by surges of 30.6% in 2024 and 61.5% in 2025. Institutional demand provided a major tailwind, with central bank purchases climbing to 321 tonnes in the third quarter. Looking ahead, market experts recommend maintaining a 15% to 20% portfolio allocation through staggered buys.

Key points

  • Currency movements and import costs allowed Indian domestic gold returns to outpace globa…: Currency movements and import costs allowed Indian domestic gold returns to outpace global market benchmarks.
  • Augmont projects MCX gold prices could climb to ₹1,75,000 per 10 grams by Diwali 2027.: Augmont projects MCX gold prices could climb to ₹1,75,000 per 10 grams by Diwali 2027.
  • Axis Securities targets a price range between ₹1.65 lakh and ₹1.71 lakh per 10 grams by n…: Axis Securities targets a price range between ₹1.65 lakh and ₹1.71 lakh per 10 grams by next Dhanteras.

Sources checked by our analysis pipeline: 1

Dhanteras 2026: Dhanteras has always held a special place in the hearts of Indian consumers, as gold and silver purchases are deeply rooted in tradition, prosperity, and the sentiment of auspicious beginnings. For many, buying precious metals on this occasion goes beyond an investment decision; it is an emotional purchase associated with shagun, good fortune and the hope of prosperity for the family.

Gold has turned out to be a powerful wealth creator for investors who bought the precious metal on Dhanteras a decade ago and stayed invested. An investment of around ₹29,989 per 10 grams on Dhanteras 2016 would be worth approximately ₹1,41,444 today, representing 4.6 times growth.

The impressive returns underline gold's appeal not just as a traditional festive purchase but also as a long-term investment, even through periods of price corrections and volatility.

However, in today's deals, MCX gold price declined around 2% to ₹1,41,444 per 10 grams.

MCX gold rose from ₹29,989 per 10 grams on October 28, 2016, to ₹1,41,444 today, November 6. This represents an absolute return of 362%, or a 4.6-fold increase. However,…

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