{
  "type": "article",
  "title": "Patna Bullion Market Sees Sharp Dip in Gold and Silver Rates Ahead of Wedding Season",
  "summary": "Gold has dropped by 4,200 rupees per 10 grams and silver by 19,000 rupees per kilogram in Patna since Dhanteras, offering substantial relief to wedding shoppers.",
  "content": "Precious metal prices in Patna have turned noticeably softer following the festive peak, creating a favorable window for jewelry consumers in Bihar. Bullion rates have shown no significant upward movement since the conclusion of Dhanteras. With the state's wedding season scheduled to commence on November 18, households preparing for ceremonies are viewing this lull as an opportunistic purchasing period. Market analysts observe that physical demand typically accelerates as wedding dates draw closer, which could trigger a fresh upward trajectory in metal valuations.\n\nSteep Price Correction Since Dhanteras\nTrading in the Patna bullion hub reveals a persistent downtrend over recent sessions. Since Dhanteras, gold prices have retreated by 4,200 rupees per 10 grams, while silver values have tumbled by 19,000 rupees per kilogram. Prices had settled into a sideways pattern starting Saturday. Although routine price adjustments were anticipated following the opening of Tuesday's trade, opening sessions reflected an overall steady posture across local counters.\n\nCurrent Retail Quotes for 24K, 22K and 18K Gold\nWithin Patna's retail jewelry circle, 24 karat gold is quoted at 122,500 rupees per 10 grams before applicable duties. When adding the mandatory Goods and Services Tax, the effective customer acquisition cost reaches 126,175 rupees per 10 grams. Meanwhile, 22 karat gold, predominantly selected for traditional ornaments, trades at 113,500 rupees per 10 grams exclusive of GST. Lower karatage 18 karat gold holds a price point of 93,300 rupees per 10 grams before tax.\n\nSilver Bullion and Hallmarked Jewelry Valuations\nSilver has simultaneously experienced a considerable price correction across regional distribution channels. Raw silver metal in Patna is transacting at 1,53,000 rupees per kilogram. In terms of fabricated items, hallmarked silver jewelry is trading at 151,000 rupees per kilogram. Once the requisite tax structure is computed into the final ticket, the retail outlay for hallmarked silver ornaments totals 155,530 rupees per kilogram.\n\nPrevailing Scrap and Exchange Rates for Old Ornaments\nRetail jewelers have also published updated buyback and exchange valuations for patrons trading in ancestral or worn jewelry. Customers exchanging old 22 karat gold ornaments receive a standard credit of 110,500 rupees per 10 grams. Those turning in 18 karat gold pieces obtain 90,300 rupees per 10 grams against new purchases. For silver, old hallmarked articles secure an exchange rate of 147 rupees per gram, whereas non-hallmarked silver items yield an exchange assessment of 145 rupees per gram.\n\nWhat this means for you\nFamilies preparing for wedding-related jewelry acquisitions will experience direct and immediate savings on their purchase budgets.\n\n• In Bihar: Shoppers preparing for weddings starting on November 18 will save 4,200 rupees per 10 grams of gold and 19,000 rupees per kilogram of silver compared to peak festive levels. Buyers have a favorable window to lock in purchases before higher seasonal demand potentially drives prices up again.\n• Across India: Bullion markets typically experience an easing of spot premiums once festive holidays conclude, giving wedding shoppers an advantageous pricing window. Customers nationwide should remain mindful of fluctuating regional taxes and maker charges prior to finalizing purchases.\n• For Jewelry Exchange Customers: Exchanging pre-owned 22 karat gold yields an exchange credit of 110,500 rupees per 10 grams toward replacement pieces. Pre-owned non-hallmarked silver secures 145 rupees per gram while hallmarked silver commands 147 rupees per gram.\n• Impact of Taxes on Purchases: The base price of 122,500 rupees for 24 karat gold rises to 126,175 rupees per 10 grams once GST is applied. Consumers should factor in this mandatory tax differential when planning total retail outlays.\n\nWhy this happened\nThe price correction stems directly from the abrupt cessation of intense festival demand post-Dhanteras, alongside a temporary gap in retail footfalls.\n\n• End of Festive Buying Spree: The high physical bullion demand that peaks annually during Dhanteras receded immediately after the festival concluded. This sharp drop in immediate spot purchases removed short-term pricing pressure across retail counters.\n• Gap Before Wedding Season: An interim pause in intense purchasing occurred between the post-festival lull and the official start of marriage dates on November 18. This temporary gap kept bullion demand relatively moderate, suppressing retail quotes.\n• Weekend Stability and Supply Adjustments: The market entered a phase of sideways consolidation starting Saturday, keeping quotes steady through early Tuesday trading. Analysts note that as wedding calendars activate, bulk jewelry orders will typically re-ignite upward pricing trends.\n\nQuestions & Answers\n\n1. How much have gold and silver prices fallen in Patna since Dhanteras?\nGold has decreased by 4,200 rupees per 10 grams and silver has dropped by 19,000 rupees per kilogram.\n\n2. What is the price of 24 karat gold in Patna including GST?\nThe base rate for 24 karat gold is 122,500 rupees per 10 grams, which rises to 126,175 rupees per 10 grams after including GST.\n\n3. What are the current retail rates for 22 karat and 18 karat gold in Patna?\nExcluding GST, 22 karat gold sells for 113,500 rupees per 10 grams and 18 karat gold sells for 93,300 rupees per 10 grams.\n\n4. What are the prevailing prices for silver metal and hallmarked silver jewelry in Patna?\nRaw silver costs 1,53,000 rupees per kilogram, while hallmarked silver jewelry is priced at 151,000 rupees per kilogram before tax and 155,530 rupees with GST.\n\n5. What exchange rates are being offered for pre-owned gold and silver jewelry?\nOld 22 karat gold exchanges at 110,500 rupees per 10 grams and 18 karat gold at 90,300 rupees, while hallmarked silver fetches 147 rupees per gram and non-hallmarked silver yields 145 rupees per gram.\n\n6. When does the wedding season begin in Bihar?\nThe wedding season in Bihar commences on November 18.",
  "url": "https://trendkia.com/en/money/shadi-ke-sijana-se-pahale-patna-sarrapha-bajara-men-sone-aura-chandi-ke-reta-gire-41480",
  "category": "Money",
  "publishedAt": "2026-10-01",
  "tags": [
    "Patna gold price",
    "silver rate Bihar",
    "bullion market",
    "gold exchange rate",
    "wedding jewelry shopping",
    "precious metals"
  ],
  "language": "en",
  "site": "TrendKia"
}