Today Gold Rate in Patna Last Updated : 09 Feb 2023

Patna, in Bihar is a place that is heavily influenced by both the Northern and the Eastern cultures of India. As such, culinary experiences, varied festivals and numerous occasions come bundled with this trait. Patna is known to celebrate every major festival in India in a grand way.

Gifting forms a major part of the gold buying, while certain festivities add to the already growing stock of gold with people in Patna. The gold rate today in Patna is more or less the same as that around the globe, concerning the bullion rates, prices of coins, bars and jewellery.

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  • Today's Gold Rate in Patna (09 Feb 2023)

    ₹ 5,445
    Today's Gold Rate (22K) per gram

    Compare 22K & 24K Gold Rate In Patna (Today & Yesterday)

    Today
    Yesterday
    Rate Change
    Standard Gold (22 K) (1 gram) ₹ 5,445 ₹ 5,430 ₹ 15 ↑
    Standard Gold (22 K) (8 grams) ₹ 43,560 ₹ 43,440 ₹ 120 ↑
    Pure Gold (24 K) (1 gram) ₹ 5,717 ₹ 5,702 ₹ 15 ↑
    Pure Gold (24 K) (8 grams) ₹ 45,736 ₹ 45,616 ₹ 120 ↑

    Daily Gold Rates

    Date Standard Gold (22 K) Pure Gold (24 K)
    1 gram 8 grams 1 gram 8 grams
    09 Feb 2023 ₹ 5,445 ₹ 43,560 ₹ 5,717 ₹ 45,736
    08 Feb 2023 ₹ 5,430 ₹ 43,440 ₹ 5,702 ₹ 45,616
    07 Feb 2023 ₹ 5,430 ₹ 43,440 ₹ 5,702 ₹ 45,616
    06 Feb 2023 ₹ 5,420 ₹ 43,360 ₹ 5,691 ₹ 45,528
    05 Feb 2023 ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    04 Feb 2023 ₹ 5,395 ₹ 43,160 ₹ 5,665 ₹ 45,320
    03 Feb 2023 ₹ 5,465 ₹ 43,720 ₹ 5,738 ₹ 45,904
    02 Feb 2023 ₹ 5,515 ₹ 44,120 ₹ 5,791 ₹ 46,328
    01 Feb 2023 ₹ 5,430 ₹ 43,440 ₹ 5,702 ₹ 45,616
    31 Jan 2023 ₹ 5,405 ₹ 43,240 ₹ 5,675 ₹ 45,400

    Weekly & Monthly Graph of Gold Rate in Patna (1 gram)

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    *Disclaimer: Bankbazaar makes no guarantee or warranty on the accuracy of the data provided on this site, the prevailing rates are susceptible to change with Market value and provided on an as-is basis. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. We accept no liability for any loss arising from the use of the data contained on this website.

    Today Gold Price in Patna

    Though not a primary mode of investing, gold jewellery and coins occupy a place in the gifting sector in Patna. With Diwali, Dussehra and Holi being predominantly the Eastern and Northern influence for gifting occasions, Teej and Chhath Puja are the festivities central to Patna and are as important from a cultural and spending perspective. Artisans and jewellers from the North and East have made Patna a hub for themselves and thus one can find a hodge podge of variegated designs and work influence in the jewellery stores around Patna. That increases the choices of people wishing to invest in gold. Primarily, well-off families generally tend to do more of the gold investing in the region.

    Find Today's Gold Price in Top Metro Cities

    Investing in Gold in Patna

    Gold investing in Patna happens primarily through buying jewellery. Though avenues for investing in bullion and stocks are available, the populace leans towards coins and jewellery for any spends or investment concerning gold.

    Over-the-counter - Jewellery and coins are the primary modes of gold investment in Patna. Bullion exchange is very minimal and can be done through Kotak Mahindra Bank as well as HDFC Bank branches. The primary jewellery stores in Patna are Tanishq, Alankar, Hira Panna, Jagmohan La Shivratan Lal, Ratnalaya, Khatri & Sons, Nakshatra Universe among others.

    Market trade - Through spot contracts, future contracts and exchange-traded funds, people invest in gold on the market. Kotak Securities and SBI Gold Fund are the two options available in Patna to trade in gold. Spot contracts can be bought and delivered very quickly, and are quite volatile in nature. Future contracts are the same, just the delivery is deferred and thus, the risk of volatility is lessened. Gold ETFs are traded on the national and international stock exchanges. They are pivotal in tracking the price of gold.

    FAQs on Gold price in Patna

    1. What is the rate of 916 Hallmark of gold in Patna?

      The rate of 916 Hallmark gold in Patna is Rs.49,040.

    2. Should I buy 22 karats or 24 karats in Patna?

      All gold jewellery is made of 22 karats gold and if you want to buy 24 karats gold, then you can buy gold biscuits and gold bars.

    3. How do I check the purity of my gold in Patna?

      It is mandatory for every jewellery to have a mark called ‘Hallmarking’. The Government of India had set up the Bureau of Indian Standards (BIS) which ensures that the consumers will get what they pay for.

    4. How is the gold rate for 22-karat calculated in Patna?

      All jewelers quote a much higher price by the karat. If we assume that the gold rate in India as of today is Rs.4,000 per gram, for 24 karat, then, if you buy a 22K gold ring the price, you will have to pay 22K/24K*4,000 = Rs.3,666. However, the merchant will charge you a higher price of over 5% to 8%.

    5. At what price can I buy 1 gram of gold in Patna?

      You can buy 1 gram of 24 karat gold in Patna is Rs.5,349.

    Also Check Gold Price in NearBy Cities of Patna

    News About Patna Gold Rate

    • Gold price retails at Rs.51,000

      The price of gold in Patna and Surat were Rs.46,780 and Rs.46,800 respectively, while in Bangalore and Chandigarh it was retailing at Rs.46,800 and Rs.46,900 respectively.

      01 November 2022

    • Gold rates decrease by Rs.200 on 22 June

      Gold prices have reduced by Rs.200 to Rs.47,450 per 10 gram on 22 June. In Patna, 10 gram of 22 karat gold was being sold at Rs.47,480. The price of 22 karat gold in Hyderabad is Rs.47,450 per 10 gram while in Chennai, 10 gram of 22 karat gold costs Rs.47,550.

      24 June 2022

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