Dhanteras 2026: ₹1 Lakh Invested in Gold 10 Years Ago Surges 365% Till Date

Gold has performed very well over the past ten years. It is a reliable asset for protecting your wealth. Investors often utilise the festive ocassion of Dhanteras to purchase yellow metal. This is because buyers have have experienced substantial gains as domestic values recorded massive upward shifts between 2016 and 2026.  

Domestic Gold Price Performance on MCX 

Between 2016 and 2026, gold prices on the Multi Commodity Exchange surged by 364.90%. Prices shifted from ₹29,989 per 10 grams on Dhanteras 2016 to ₹1,39,420 on November 3, 2026, reflecting a 16.58% compound annual growth rate.  

An investment of ₹1,00,000 made during Dhanteras 2016 grew to nearly ₹4,50,000 by November 3, 2026. 

On November 4, 2026, the 24 karat gold rate in Mumbai stood at ₹1,41,920 per 10 grams, while 22 karat gold was priced at ₹1,30,000 per 10 grams.  

In the spot market, Mumbai gold was trading near ₹1,37,000 per 10 grams ahead of Dhanteras on November 6, 2026. The asset has expanded 4.65 times since December 2016 despite a 5.6% drop in 2021, which was followed by jumps of 30.6% in 2024 and 61.5% in 2025. 

Comparison With International Markets and Inflation 

International gold on Comex rose 212% to reach $3,960.50 per ounce, yielding a 12.03% annualised return over the same 10 year horizon. The higher domestic return was aided by the Indian currency losing 42% of its value against the US dollar over the decade. 

Read More: Is Dhanteras 2026 a Good Time to Invest in Gold?! 

Gold Performance Against the Cost Inflation Index 

The asset outpaced domestic inflation by approximately 12 percentage points annually over 10 years. The Cost Inflation Index moved from 264 in financial year 2017 to 384 in financial year 2027, marking a total rise of 45% or an annual increase of 3.82%. 

Conclusion 

The 10 year trajectory of gold highlights its historical role as an effective hedge against inflation and currency depreciation. With domestic returns outperforming international gains and outstripping the inflation index, the precious metal has maintained its position as a rewarding long term asset for Indian investors. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.