Diwali 2026 is on Sunday, 8 November 2026 — in 7 days. On Diwali 2025 (20 Oct), 24K gold was ₹1,23,171 per 10 grams; today it is ₹1,18,470 (−3.8%). In Indian shops that came to about ₹1,34,478 per 10 grams before making charges, with 6% duty + 3% GST; with today's 15% duty + 3% GST it is about ₹1,40,328. Since Diwali 2004 (₹6,340), gold in rupees has risen 19.4-fold — +15.2% a year on average — and was higher than on the previous Diwali in 16 of 21 years.
Next Diwali
8 Nov 2026
in 7 days
Today
₹1,18,470
24K ₹/10 g, live
Today in India (est.)
₹1,40,328
incl. 15% duty + 3% GST
Diwali 2025
₹1,23,171
−3.8% since
India est. ₹1,34,478
Per year since 2004
+15.2%
in rupees
Up on the year
16 of 21
years
Gold rate on Diwali, 2004–2025
24K gold, ₹ per 10 grams
Gold Rate on Every Diwali
Price on each Diwali (the last close before it when markets were shut), the change from the previous Diwali, and the change from then to today.
International gold price in US dollars (COMEX futures close), converted at that day's exchange rate. This is the value of the metal before import duty, 3% GST, dealer premiums and making charges. India est. adds the import duty in force on that day and GST (3% from July 2017, about 1% VAT before), roughly what a buyer paid for pure gold before making charges (association rates such as IBJA's are usually quoted before GST); today 15% duty + 3% GST. Not estimated before August 2013, when the duty worked differently. When a festival fell on a weekend or holiday, the last close before it is used. Dates link to that month's daily prices.
Before and After Diwali
Change in the gold price (in rupees) over the 30 days leading up to Diwali, and over the 30 days after it.
Buying 10 grams of 24K gold on Diwali every year since 2004 (22 times) would have cost ₹7,09,594 in total. At today's price it is worth ₹26,06,341 (+267%).
Metal value only: no taxes, making charges or selling costs. Not investment advice.
About Diwali
On Diwali evening families worship Lakshmi, the goddess of wealth, and India's stock exchanges hold a one-hour "Muhurat trading" session to start the new Samvat year. Gold and silver coins are bought and offered during the puja, and the Diwali week is the peak of India's festive buying season.
Diwali falls on the new-moon day (amavasya) of Kartik, when Lakshmi Puja is performed. Dates on this page are as observed in New Delhi, India; some regions mark the day a day earlier or later. Dates from the AstroSage panchang for New Delhi, cross-checked with Drik Panchang, Prokerala and timeanddate.com.
Diwali 2025 fell on Monday, 20 October 2025. 24K gold, ₹ per 10 grams: ₹1,23,171; 22K gold, ₹ per 10 grams: ₹1,12,824 (international price, converted at that day's exchange rate, before local taxes and making charges). In Indian shops that was about ₹1,34,478 per 10 grams before making charges, with 6% duty + 3% GST. That was +65.7% compared with the previous Diwali.
What was the gold rate on Diwali 2024?
Diwali 2024 fell on Friday, 1 November 2024. 24K gold, ₹ per 10 grams: ₹74,327; 22K gold, ₹ per 10 grams: ₹68,084 (international price, converted at that day's exchange rate, before local taxes and making charges). In Indian shops that was about ₹81,151 per 10 grams before making charges, with 6% duty + 3% GST. That was +43.2% compared with the previous Diwali.
What was the gold rate on Diwali 2023?
Diwali 2023 fell on Sunday, 12 November 2023. 24K gold, ₹ per 10 grams: ₹51,907; 22K gold, ₹ per 10 grams: ₹47,547 (international price, last close before the festival on 10 Nov 2023, converted at that day's exchange rate, before local taxes and making charges). In Indian shops that was about ₹61,484 per 10 grams before making charges, with 15% duty + 3% GST. That was +17.9% compared with the previous Diwali.
When is Diwali 2026?
Diwali 2026 is on Sunday, 8 November 2026. It falls on the new-moon day (amavasya) of Kartik, when Lakshmi Puja is performed. Dates on this page are as observed in New Delhi, India.
Does the gold price go up before Diwali?
Not reliably. In the 30 days before Diwali, gold in rupees rose in 15 of 22 years since 2000, with a median change of +0.8%. Festival buying adds to demand, but the price is set by the world market, the dollar and the exchange rate.
Does gold get cheaper after Diwali?
In the 30 days after Diwali, gold in rupees fell in 11 of 22 years and rose in 11, with a median change of −0.5%. Past patterns are not a guide to any particular year.
How much has the gold rate risen since Diwali 2004?
From ₹6,340 on Diwali 2004 to ₹1,23,171 on Diwali 2025 (24K gold, ₹ per 10 grams), or +15.2% a year. The biggest rise from one Diwali to the next was +65.7% (2025) and the biggest fall −13.7% (2013).
Why do people buy gold on Diwali?
On Diwali evening families worship Lakshmi, the goddess of wealth, and India's stock exchanges hold a one-hour "Muhurat trading" session to start the new Samvat year. Gold and silver coins are bought and offered during the puja, and the Diwali week is the peak of India's festive buying season.
Are these the prices in Indian shops?
The first column is the international gold price converted at that day's exchange rate: the value of the metal itself. The "India est." column adds the import duty in force on that day and GST (3% since July 2017, about 1% VAT before), which is roughly what a buyer paid for pure gold before making charges. Rates published by jewellers' associations (such as IBJA) are usually quoted before the 3% GST, so they are about 3% lower. Import duty: 10% from Aug 2013, 12.5% from Jul 2019, 10.75% from Feb 2021, 15% from Jun 2022, 6% from Jul 2024, 15% from May 2026. Jewellery adds making charges, and city rates differ a little.