Latest Gold Prices in Bihar
Gold remains an integral part of Bihar’s tradition and economy, often bought during festivals and auspicious occasions like Diwali, Chhath Puja, and Teej. Understanding the latest gold rates is invaluable for buyers, investors, and anyone interested in the precious metal.
| Gold Purity | Price Per Gram |
|---|---|
| 22 Karat | ₹10,690 |
| 24 Karat | ₹11,225 |
Prices can also be checked for various quantities:
- 8 grams of 22K gold: ₹85,520
- 8 grams of 24K gold: ₹89,800
- 10 grams of 22K gold: ₹1,06,900
- 10 grams of 24K gold: ₹1,12,250
Factors Influencing Gold Prices
The gold rate in Bihar is influenced by multiple global and domestic factors:
- International gold prices set the base for local rates.
- Exchange rates, especially fluctuations between the Indian Rupee and the US Dollar, impact costs.
- Demand surges during festivals and wedding seasons drive prices higher.
- Government import duties, GST, and other policies play a role in day-to-day changes.
Gold as Tradition and Investment
For residents of Bihar, gold is not just ornamental; it signifies prosperity, security, and social status. Most people buy gold in the form of Jewelers, coins, and bars. While jewelers buying still dominates, some also invest through bullion and gold-backed funds.
Popular gold-buying destinations in Bihar include leading jewelers showrooms and local trusted jewelers who offer a range of hallmark-certified options.
Tips for Gold Buyers
- Always check the purity: 22K is standard for jeweler, while 24K is preferable for coins and bars.
- Hallmark certification ensures authenticity and purity.
- Prices can fluctuate daily—compare rates from multiple sources and buy on dips if investing.
- Consider extra costs like making charges and GST while calculating the total price.
Conclusion
Today’s gold price in Bihar stands at ₹10,690 for 22 karat and ₹11,225 for 24 karat per gram, reflecting steady growth supported by festive demand and global trends. Gold continues to be both an emotional and financial investment for the people of Bihar, making it crucial to stay updated with the latest market rates for smart purchase decisions