Gold Rate in Patna

11th Apr 2021

45,710.00

Today MCX gold price in rupees per 10 grams.

Today gold price in Patna is 45710 rupees per 10 grams
(10 grams = 1 tola gold)

22 Carat Gold
Rs. 44710
24 Carat Gold
Rs. 45710

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

  22-Carat 24-Carat Change(%)
Yesterday 4471.00 4571.00 0 %
Today 4470.00 4570.00 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 4571.00Rs 4570.00
8 Gram Rs 36568Rs 36560
10 Gram Rs 45710Rs 45700
100 Gram Rs 457100Rs 457000

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

Gram 22 Carat Gold Yesterday22 Carat Gold Today Daily Price Change
1 Gram Rs 4471.00Rs 4470.00
8 Gram Rs 35768Rs 35760
10 Gram Rs 44710Rs 44700
100 Gram Rs 447100Rs 447000

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

Year
STANDARD GOLD 22K
1 GRAM 10 GRAM
PURE GOLD 24K
1 GRAM 10 GRAM
11 April 2021 Rs. 4471.00 Rs. 44710 Rs. 4571.00 Rs. 45710
10 April 2021 Rs. 4470.00 Rs. 44700 Rs. 4570.00 Rs. 45700
09 April 2021 Rs. 4456.00 Rs. 44560 Rs. 4556.00 Rs. 45560
08 April 2021 Rs. 4455.00 Rs. 44550 Rs. 4555.00 Rs. 45550
07 April 2021 Rs. 4430.00 Rs. 44300 Rs. 4530.00 Rs. 45300
06 April 2021 Rs. 4420.00 Rs. 44200 Rs. 4520.00 Rs. 45200
05 April 2021 Rs. 4420.00 Rs. 44200 Rs. 4520.00 Rs. 45200
04 April 2021 Rs. 4391.00 Rs. 43910 Rs. 4491.00 Rs. 44910
03 April 2021 Rs. 4390.00 Rs. 43900 Rs. 4490.00 Rs. 44900
02 April 2021 Rs. 4390.00 Rs. 43900 Rs. 4490.00 Rs. 44900
01 April 2021 Rs. 4337.00 Rs. 43370 Rs. 4437.00 Rs. 44370

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: