Gold Rate in Patna

21st Sep 2020


Today MCX gold price in rupees per 10 grams.

Today gold price in Patna is 51300 rupees per 10 grams
(10 grams = 1 tola gold)

22 Carat Gold
Rs. 50300
24 Carat Gold
Rs. 51300

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

  22-Carat 24-Carat Change(%)
Yesterday 5030.00 5130.00 0 %
Today 5049.00 5149.00 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 5130.00Rs 5149.00
8 Gram Rs 41040Rs 41192
10 Gram Rs 51300Rs 51490
100 Gram Rs 513000Rs 514900

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

Gram 22 Carat Gold Yesterday22 Carat Gold Today Daily Price Change
1 Gram Rs 5030.00Rs 5049.00
8 Gram Rs 40240Rs 40392
10 Gram Rs 50300Rs 50490
100 Gram Rs 503000Rs 504900

Today 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

21 September 2020 Rs. 5030.00 Rs. 50300 Rs. 5130.00 Rs. 51300
20 September 2020 Rs. 5049.00 Rs. 50490 Rs. 5149.00 Rs. 51490
19 September 2020 Rs. 5034.00 Rs. 50340 Rs. 5134.00 Rs. 51340
18 September 2020 Rs. 5033.00 Rs. 50330 Rs. 5133.00 Rs. 51330
17 September 2020 Rs. 5020.00 Rs. 50200 Rs. 5120.00 Rs. 51200
16 September 2020 Rs. 5058.00 Rs. 50580 Rs. 5158.00 Rs. 51580
15 September 2020 Rs. 5045.00 Rs. 50450 Rs. 5145.00 Rs. 51450
14 September 2020 Rs. 4990.00 Rs. 49900 Rs. 5090.00 Rs. 50900
13 September 2020 Rs. 4945.00 Rs. 49450 Rs. 5045.00 Rs. 50450
12 September 2020 Rs. 4944.00 Rs. 49440 Rs. 5044.00 Rs. 50440
11 September 2020 Rs. 4945.00 Rs. 49450 Rs. 5045.00 Rs. 50450

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: