Gold Rate in Patna

Array ( [0] => Array ( [date] => 2017-11-18 [city] => patna [22_c_1_gm] => 2812.00 [24_c_1_gm] => 3000.00 [last_updated] => ) [1] => Array ( [date] => 2017-11-17 [city] => patna [22_c_1_gm] => 2809.00 [24_c_1_gm] => 2997.00 [last_updated] => ) )

18th Nov 2017

30,000.00

Today MCX gold price in rupees per 10 grams.

Today gold price in Patna is 30000 rupees per 10 grams
(10 grams = 1 tola gold)

22 Carat Gold
Rs. 28120
24 Carat Gold
Rs. 30000

22 Carat & 24 Carat Gold Rate in Patna Per Gram (INR)

  22-Carat 24-Carat Change(%)
Yesterday 2812.00 3000.00 0 %
Today 2809.00 2997.00 0 %

Today 24 Carat Gold Price per gram in Patna (INR)

Gram 24 Carat Gold Yesterday24 Carat Gold Today Daily Price Change
1 Gram Rs 3000.00Rs 2997.00
8 Gram Rs 24000Rs 23976
10 Gram Rs 30000Rs 29970
100 Gram Rs 300000Rs 299700

Today 22 Carat Gold Price per gram in Patna (INR)

Gram 22 Carat Gold Yesterday22 Carat Gold Today Daily Price Change
1 Gram Rs 2812.00Rs 2809.00
8 Gram Rs 22496Rs 22472
10 Gram Rs 28120Rs 28090
100 Gram Rs 281200Rs 280900

Gold Rate In Patna

Teej and Chhath are well-known festivals celebrated in the city of Patna, the capital city of Bihar. Both these festivals involve gifting, and the most popular option is gold. The people of Patna look forward to purchasing gold, not for its advantages as an investment but for its ornamental purposes. There is Eastern as well as Northern influences in the region, and one can find plenty of artisans making their livelihood by designing and making artisan gold jewelry.

Gold as an investment is mostly considered by the rich in the city, and because of this, the trend in gold rate in Patna is often found fluctuating more than in other cities in India. Today gold rate in Patna is stable, maintaining the steady increase since last week. However, last month had seen a significant decline in the price of gold. Although the main purpose of buying gold is ornamental use, some of them do invest in gold as coins, bullion, buy market shares, and opt for other trading options such as Exchange Traded Funds, Spot contracts, and Future contracts.

22 & 24 Carat Gold Rate in Patna for Last 10 Days

Year
STANDARD GOLD 22K
1 GRAM 10 GRAM
PURE GOLD 24K
1 GRAM 10 GRAM
18 November 2017 Rs. 2812.00 Rs. 28120 Rs. 3000.00 Rs. 30000
17 November 2017 Rs. 2809.00 Rs. 28090 Rs. 2997.00 Rs. 29970
16 November 2017 Rs. 2823.00 Rs. 28230 Rs. 3011.00 Rs. 30110
15 November 2017 Rs. 2812.00 Rs. 28120 Rs. 3000.00 Rs. 30000
14 November 2017 Rs. 2819.00 Rs. 28190 Rs. 3007.00 Rs. 30070
13 November 2017 Rs. 2820.00 Rs. 28200 Rs. 3008.00 Rs. 30080
12 November 2017 Rs. 2820.00 Rs. 28200 Rs. 3008.00 Rs. 30080
11 November 2017 Rs. 2820.00 Rs. 28200 Rs. 3008.00 Rs. 30080
10 November 2017 Rs. 2813.00 Rs. 28130 Rs. 3001.00 Rs. 30010

Comparison of 22 K & 24 K Gold Rates in Patna

Historical Price of Gold Rate in Patna

Gold Price in Patna

Patna is an important trade center in northeast India. The city movements a substantial amount of gold, and the metal plays a central part in Bihar’s culture and traditions.

Gold is commonly gifted in festivals like Diwali and Chitragupta Pooja. In these periods, demand is high, and the gold price in Patna raises.

What Influences the Gold Rate?

Gold rates in Patna are linked with international gold rates. The dollar fluctuation plays a major role in the gold value. And although an Association fixes the gold price daily, global conditions dictate the rates.

Prices have been growing in the last few years. As the rates increase, gold demand in Patna reduces. Apart from some small rallies, the demand for gold is running slow in Patna and India.

How to trade Gold in Patna?

There are different ways to invest in gold. Jewelry shops are the most common, but the commissions are high. Merchants add up to 30% of charges to the gold rate.

Another way is to buy shares of a company that produces gold. Since their gains rely on the gold price, it’s an indirect way to invest in the metal.

It’s also possible to invest in gold funds (ETF). You can buy the metal without actually owning the gold. The deal occurs virtually, in the Bombay Stock Exchange.

Here you can check the gold rates in Patna and prepare your investment strategy: