{
  "type": "article",
  "title": "Wedding Season Brings Sharp Price Cuts For Gold And Silver In Patna",
  "summary": "Jewellery buyers in Patna receive substantial relief as gold drops by 2800 rupees and silver plunges by 5000 rupees at the start of the wedding season.",
  "content": "Jewellery buyers across Bihar have received welcome news right at the beginning of the wedding season. The bullion market in Patna witnessed a sudden and sharp drop in precious metal rates, providing much-needed respite to consumers preparing for family ceremonies. Prices had registered strong upward momentum throughout the previous week before settling into a flat trend after Friday. However, as the new trading week commenced, a steep price decline revitalised buyer activity and lifted market sentiment.\n\nOfficial Revisions From Patliputra Sarafa Sangh\nAccording to the daily figures released by the Patliputra Sarafa Sangh, the benchmark gold rate fell by 2800 rupees per 10 grams compared to the preceding day. Concurrently, silver saw an even steeper slide of 5000 rupees per kilogram. Market analysts point out that prices could experience an upward rebound in the coming days as wedding demand intensifies. Consequently, industry observers consider the current dip an optimal window for households needing to complete wedding jewellery purchases.\n\nBreakdown Of Pure And Jewellery Gold Prices\nIn Patna's physical jewellery market, the base rate for 24-karat gold moved down from 127300 rupees to 124500 rupees per 10 grams. When applicable GST is added to this base price, the final retail cost stands at 128,235 rupees per 10 grams. For lower purities prior to taxation, 22-karat jewellery-grade gold is currently trading at 115,000 rupees per 10 grams, while 18-karat gold is quoted at 94,000 rupees per 10 grams.\n\nCurrent Silver Bullion And Ornament Valuations\nThe correction in the white metal was equally pronounced across both bullion and finished items. Plain silver bars are selling at 160,000 rupees per kilogram in the city. Meanwhile, hallmarked silver ornaments are quoted at 157,000 rupees per kilogram before taxes. Once the mandatory GST is accounted for, customers purchasing hallmarked silver jewellery are charged an all-inclusive rate of 161,710 rupees per kilogram.\n\nExchange Rates For Pre-Owned Jewellery\nFor consumers planning to upgrade or trade in older holdings, the association has published clear exchange valuations. Pre-owned 22-karat gold jewellery commands an exchange value of 112,000 rupees per 10 grams, whereas old 18-karat gold ornaments are being accepted at 91,000 rupees per 10 grams. In the silver segment, old hallmarked jewellery receives an exchange value of 153 rupees per gram, compared to 150 rupees per gram offered for non-hallmarked items.\n\nWhat this means for you\nThe sudden price reduction in precious metals right at the start of the wedding season provides direct economic relief to households planning ceremonies.\n\n• Across India: Regional price trends often reflect broader physical bullion patterns during peak wedding months. Households planning major wedding budgets can evaluate booking jewellery during temporary market corrections.\n• In Patna: Local buyers instantly save 2800 rupees per 10 grams on gold and 5000 rupees per kilogram on silver purchases. Final retail prices including GST stand at 128,235 rupees per 10 grams for 24-karat gold and 161,710 rupees per kilogram for hallmarked silver jewellery.\n• For Jewellery Exchanges: Old 22-karat gold ornaments can be exchanged at 112,000 rupees per 10 grams, while 18-karat items receive 91,000 rupees. Families trading existing ornaments for modern designs can lock in clear, standardized trade-in rates.\n• For Hallmarked Silver Sellers: Certified hallmarked silver ornaments fetch an exchange rate of 153 rupees per gram, compared to 150 rupees per gram for non-hallmarked pieces. Consumers holding certified hallmarked silver will realise an extra three rupees per gram during trade-ins.\n\nWhy this happened\nA sudden price correction in Patna's jewellery market emerged as trading opened for the week, following a period of persistent price increases.\n\n• Market Correction After Weekly Rally: Bullion rates had surged sharply throughout the previous week before stabilizing post-Friday. The commencement of the new trading week prompted a price rollback after days of uninterrupted gains.\n• Daily Association Adjustments: The Patliputra Sarafa Sangh officially trimmed rates by 2800 rupees for gold and 5000 rupees for silver. This scheduled adjustment immediately reset benchmark transactions across city retail outlets.\n• Anticipated Wedding Demand: Market analysts note that robust physical demand during the ongoing wedding season could quickly push valuations back up. This outlook indicates that the current drop represents a short-lived dip ahead of upcoming buying pressure.\n\nQuestions & Answers\n\n1. What is the price of 24-karat gold in Patna today?\nThe base price of 24-karat gold is 124500 rupees per 10 grams, which totals 128,235 rupees per 10 grams after including GST.\n\n2. How much have gold and silver prices fallen in the city?\nGold has decreased by 2800 rupees per 10 grams, while silver has dropped by 5000 rupees per kilogram.\n\n3. What are the rates for 22-karat and 18-karat gold?\nExcluding GST, 22-karat gold is priced at 115,000 rupees per 10 grams and 18-karat gold stands at 94,000 rupees per 10 grams.\n\n4. What is the cost of hallmarked silver jewellery per kilogram?\nHallmarked silver ornaments are quoted at 157,000 rupees per kilogram before taxes and 161,710 rupees per kilogram including GST.\n\n5. What are the exchange rates for old gold jewellery?\nPre-owned 22-karat gold is being exchanged at 112,000 rupees per 10 grams, while old 18-karat ornaments fetch 91,000 rupees per 10 grams.\n\n6. What exchange value is offered for old silver items?\nOld hallmarked silver receives an exchange rate of 153 rupees per gram, compared to 150 rupees per gram for non-hallmarked silver.",
  "url": "https://trendkia.com/en/money/shadiyon-ke-mausama-ki-shuruata-para-patna-men-sona-aura-chandi-hue-behada-saste-40137",
  "category": "Money",
  "publishedAt": "2026-09-29",
  "tags": [
    "Patna",
    "Gold",
    "Silver",
    "Bullion Market",
    "Patliputra Sarafa Sangh",
    "GST",
    "Hallmark"
  ],
  "language": "en",
  "site": "TrendKia"
}