# Gold and Silver Prices Tumble in Bihar Ahead of Wedding Season, Patna Markets Announce Fresh Retail and Exchange Rates > Following four days of steady rates, Patna bullion markets witnessed a drop of 1500 rupees per 10 grams for gold and 2000 rupees per kilogram for silver. Buyers preparing for the upcoming wedding season can benefit from reduced prices across various purities and exchange slabs. **Type:** article · **Category:** Money · **Published:** 2026-10-01 · **Source:** TrendKia **Canonical:** https://trendkia.com/en/money/bihar-ke-sarrapha-bajara-men-sone-aura-chandi-ke-gire-dama-janie-patna-men-24-kaireta-se-lekara-purane-gahanon-ke-nae-reta-41479 · **Language:** English **Tags:** Gold Price, Silver Price, Patna Bullion, 24K Gold, Hallmark Jewelry, Wedding Season Shopping Trading in the bullion market of Bihar capital Patna experienced a downward shift on Thursday after remaining largely unchanged for four consecutive sessions. Compared to the price levels seen on Wednesday, gold experienced a substantial dip of roughly 1500 rupees per 10 grams. Concurrently, silver rates also trended lower across local trading counters, shedding up to 2000 rupees per kilogram in a single day. ## Favorable Window for Wedding Shoppers This price drop just ahead of the start of the wedding shopping rush brings notable financial relief to retail jewelry buyers. Bullion values have dropped substantially following Diwali festivities, prompting market watchers to view the ongoing week as an opportune moment for securing bridal ornaments. With changing global factors likely to exert upward pressure on precious metals in the coming week, immediate buying is seen as advantageous before fresh rate hikes arrive. ## Breakdown of 24K, 22K and 18K Gold Tariffs in Patna On the retail floor in Patna, the base price of 24 karat pure gold fell from 122,500 rupees to 121,000 rupees per 10 grams. When applicable GST is included in the retail billing, the effective price for 24 karat metal stands at 124,630 rupees per 10 grams. For jewelry fabrication, 22 karat gold without tax is currently trading at 112,000 rupees per 10 grams, while 18 karat purity gold is marked at 92,000 rupees per 10 grams. ## Silver Retail Figures and Applicable Taxes Industrial metal and silver bullion followed an identical corrective course across counters in Patna. Standard silver bullion dropped from its earlier quote of 153,000 rupees down to 151,000 rupees per kilogram. Meanwhile, hallmarked silver ornaments are retailing at 149,000 rupees per kilogram before taxation, with the final customer outflow arriving at 153,470 rupees per kilogram after adding applicable GST. ## Prevailing Exchange Rates for Pre-Owned Jewelry Clear rate slabs have also been determined for consumers seeking to trade in their existing ornaments for fresh designs. The exchange valuation for pre-owned 22 karat gold jewelry is fixed at 109,000 rupees per 10 grams, whereas 18 karat pre-owned gold ornaments fetch 89,000 rupees per 10 grams. In the silver segment, hallmarked used ornaments carry an exchange rate of 145 rupees per gram, while non-hallmarked items are being accepted at 143 rupees per gram. ## What this means for you Retail buyers planning wedding jewelry purchases or trading in legacy items can lock in direct monetary savings following this sharp price correction. - **Across India:** Softer domestic bullion quotations provide financial breathing space to families budgeting for the upcoming bridal season. Moving ahead with purchases during this window shields buyers from anticipated price spikes in the following week. - **In Patna:** Local retail shoppers save immediately with gold dropping by 1500 rupees per 10 grams and silver shedding 2000 rupees per kilogram. Customers trading old 22 karat and 18 karat gold ornaments receive updated exchange credits of 109,000 and 89,000 rupees per 10 grams respectively. ## Why this happened Prices fell in the local market as four sessions of steady quotes gave way to an intraday price correction ahead of shifting international cues. - **Post-Stagnation Correction:** After holding steady for four consecutive days, local prices adjusted downwards on Thursday. This led to an instant price drop of 1500 rupees per 10 grams in gold and 2000 rupees per kilogram in silver. - **Post-Diwali Price Easing:** Bullion rates have maintained a steady declining trajectory ever since the Diwali festival concluded. This ongoing trend opened up an affordable pricing gap just before wedding demands peak. - **Global Factor Pressure:** Market experts point to evolving global dynamics that are projected to push bullion values higher in the coming week. That upcoming volatility makes the current week a critical dip for physical purchases. ## Questions & Answers ### 1. What is the latest 24 karat gold rate in Patna? The base price for 24 karat gold is 121,000 rupees per 10 grams, which amounts to 124,630 rupees including GST. ### 2. What are the pre-tax prices for 22 karat and 18 karat gold? Pre-tax 22 karat gold is trading at 112,000 rupees per 10 grams, while 18 karat gold is marked at 92,000 rupees per 10 grams. ### 3. How much did silver prices drop per kilogram? Silver prices declined by 2000 rupees, bringing standard silver down from 153,000 rupees to 151,000 rupees per kilogram. ### 4. What is the tax-inclusive price for hallmarked silver ornaments? Hallmarked silver jewelry retails at 149,000 rupees per kilogram before tax and comes to 153,470 rupees after adding GST. ### 5. What are the exchange rates for pre-owned gold jewelry? Used 22 karat gold jewelry is exchanged at 109,000 rupees per 10 grams, and 18 karat ornaments fetch 89,000 rupees per 10 grams. ### 6. What is the exchange rate for used silver items? Pre-owned hallmarked silver items fetch an exchange rate of 145 rupees per gram, while non-hallmarked items get 143 rupees per gram. --- _TrendKia — Har trend, sabse pehle.. Machine-readable view; canonical HTML at the URL above._