Gold and Silver Investments on Dhanteras Have Quadrupled Since 2005: Kotak Neo

Investing in precious metals on the occasion of Dhanteras has proven to be a lucrative strategy over the years. A detailed analysis by Kotak Neo, covering 21 Dhanteras festivals from 2005 through 2025, reveals that purchasing gold annually on this day would have nearly quadrupled an investor's capital.

According to the data, an individual who bought 1 gram of gold every Dhanteras since 2005 would have accumulated 21 grams by 2025. The total amount spent on these purchases would be ₹76,246. As of November 5, 2026, the value of this gold holding would have grown to ₹3,02,400, generating a gain of ₹2,26,154. This reflects an annualized return of 15.4 percent, demonstrating the strong wealth-accumulating potential of steady gold investment over time.

Similarly, silver investments on Dhanteras have shown impressive growth. An investor who acquired 100 grams of silver each year across the same 21-year period would have amassed 2.1 kilograms of the metal. The cumulative investment in silver would have been ₹1,05,329. By November 5, 2026, the value of this silver holding is estimated at ₹3,94,800, resulting in a profit of ₹2,89,471. This translates to an annualized return rate of 13.8 percent, nearly quadrupling the initial outlay.

These findings underline the value of consistent investment in precious metals, especially when aligned with traditional occasions like Dhanteras. Anindya Banerjee, head of commodity and currency research at Kotak Neo, noted that Dhanteras provides an interesting perspective on combining cultural customs with long-term financial planning. Over more than two decades, gold and silver have experienced various market phases, yet a disciplined approach of small, regular purchases has yielded substantial returns.

"The key factors are consistency, patience, and well-balanced asset allocation rather than attempting to time every market fluctuation. Gold and silver continue to hold relevance as part of a diversified investment portfolio," Banerjee said.

Gold and silver have historically been viewed as safe-haven investments, often sought during periods of economic uncertainty or inflationary pressures. Their performance over the last 21 years, as demonstrated by the Kotak Neo study, reinforces their suitability for investors seeking to preserve and grow wealth steadily.

Looking ahead, Axis Direct has commented on the current price levels of gold, describing them as attractive after a correction exceeding 20 percent from recent highs. Although some volatility is expected due to interest rate increases, the brokerage believes that gold could offer returns in the range of 20 to 25 percent by the next Dhanteras festival. Target price estimates for gold are projected between ₹1,65,000 and ₹1,71,000 per 10 grams.

These projections highlight the potential for gold to remain a valuable investment option in the near term, especially for those who appreciate the intersection of tradition and financial discipline.

Disclaimer: The opinions and forecasts in this report reflect the views of the mentioned brokerages and analysts and do not represent the official stance of Business Standard. Investors should exercise their own judgment and consider risks before making investment decisions.