The capital of Bihar, Patna city, plays a significant role in the Indian economy. This city is always in good demand for precious stones and metals. People in Patna are known for its friendly culture and investment in gold. So, in this blog, we will discuss gold in Patna, followed by the gold price today Patna.
As we know, the festive season in India is arriving. We will also discuss the pricing of gold according to its weight, such as 8gm gold rate, 10gm gold rate, etc. But before moving further, let us look at the gold price today in Patna.
Today 24 Carat Gold Price per gram in Patna (INR)
Table of Contents
| Gram | 24 Carat Gold Yesterday | 24 Carat Gold Today | Daily Price Change |
| 1gm gold rate | Rs 5,005.00 | Rs 5,016.00 | 0.219 %⌃ |
| 8gm gold rate | Rs 40,040 | Rs 40,128 | 0.219 %⌃ |
| 10gm gold rate | Rs 50,050 | Rs 50,160 | 0.219 %⌃ |
| 100gm gold rate | Rs 5,00,500 | Rs 5,01,600 | 0.219 %⌃ |
Today 22 Carat Gold Price per gram in Patna (INR)
| Gram | 22 Carat Gold Yesterday | 22 Carat Gold Today | Daily Price Change |
| 1gm gold rate | Rs 4,588.00 | Rs 4,598.00 | 0.217 %⌃ |
| 8gm gold rate | Rs 36,704 | Rs 36,784 | 0.217 %⌃ |
| 10gm gold rate | Rs 45,880 | Rs 45,980 | 0.217 %⌃ |
| 100gm gold rate | Rs 4,58,800 | Rs 4,59,800 | 0.217 %⌃ |
Note: Readers, please note that the above-mentioned gold rates in the table do not include any charges such as GST, TCS, and other charges.
How Does Gold Rate in Patna Varies?
The variation of gold rates in Patna mainly depends on International gold prices. Similarly, people purchasing gold in Patna should remember that the making charges can be as high as 10 per cent. For instance, if you are purchasing a 22 Carat 10gm gold at Rs. 45,980, there will be additional making charges applicable over the base price. Therefore make sure you check both the prices in the jeweller’s shop, i.e., 10gm gold rate, and its making charges. Hence it is important to check the gold price today in Patna and the making charges before.
Factors responsible for Fixing Gold Rates in Patna?
The factors that are considered while fixing the gold rates include local conditions along with global conditions. Local conditions include transportation expenses and other duty charges. There are a few reasons which bring slight differences in the gold rate, which varies from city to city.
How to Invest in Gold in Patna?
Below, we have mentioned some options which will help you while investing in gold in India. They are as follows:
- Firstly, purchase gold directly in the form of coins or bars. You can ask for a 10gm gold rate and purchase the coin in Patna.
- Secondly, you can also buy or invest in the shares of the company that produces gold. You can also invest in gold ETFs.
- Purchasing gold directly from the jeweller in the form of bars or coins is a traditional and most popular form of investing in gold. But, while purchasing the gold, make sure to check the gold price today, Patna, and collect all the information about the gold rates.
Distinction Between KDM and Hallmarked Gold in Patna
In Patna, gold can be purchased and sold at a certain price. 18-carat gold and 22-carat Gold is an alloy made up of a mixture of other metals to make the ornament more rigid. However, the user’s shield is informed about the mixed contents. And to fulfil this need, the BIS standard was generated. BIS mark assures that the purchased gold is authentic.
Earlier, some gold ornaments were mixed with gold alloy and Cadmium. The gold developed from this process was known as KDM gold. But, later research proved that it is harmful to the artisans’ health. As a result, KDS was immediately banned by BIS.
Conclusion
Today you can invest in gold online. Users can buy and invest the shares of gold-producing companies, which is considered one of the smart methods of investment. But their profit and loss are completely dependent upon the gold rate. Hence, investing in these companies means investing in gold. Thus if you are investing in gold, you need to know about the gold price today in Patna and several other factors such as the gold type (22 Carat, 24 Carat), weight, purity, etc.
