Patna is an important cultural as well as financial hub of India. It observes skyrocketing sales of gold during the wedding seasons and festivities like Chhath and Karva Chauth. Here, gold is preferred not only for its ornamental value but is also viewed as a safe investment tool. The prices, however, keep fluctuating regularly depending on a gamut of domestic, as well as, international factors. Today Gold rate in Patna is ₹ 51,900 per 10 grams for 24 Carat and ₹ 47,580 for 22 Carat.
Gram | 24K Gold Price | Daily Price Change |
---|---|---|
1 gram | ₹ 5,190 | ₹ 0 |
8 grams | ₹ 41,520 | ₹ 0 |
10 grams | ₹ 51,900 | ₹ 0 |
100 grams | ₹ 5,19,000 | ₹ 0 |
Gram | 22K Gold Price | Daily Price Change |
---|---|---|
1 gram | ₹ 4,758 | ₹ 0 |
8 grams | ₹ 38,064 | ₹ 0 |
10 grams | ₹ 47,580 | ₹ 0 |
100 grams | ₹ 4,75,800 | ₹ 0 |
Date | Pure Gold (24K) | Standard Gold (22K) | % Change |
---|---|---|---|
26 June 2022 | ₹ 51,900 | ₹ 47,580 | 0% |
25 June 2022 | ₹ 51,900 | ₹ 47,580 | +0.13% |
24 June 2022 | ₹ 51,810 | ₹ 47,520 | -0.34% |
23 June 2022 | ₹ 52,070 | ₹ 47,680 | +0.42% |
22 June 2022 | ₹ 51,790 | ₹ 47,480 | -0.46% |
21 June 2022 | ₹ 52,030 | ₹ 47,700 | -0.21% |
20 June 2022 | ₹ 52,130 | ₹ 47,800 | +0.21% |
19 June 2022 | ₹ 52,030 | ₹ 47,700 | 0% |
18 June 2022 | ₹ 52,030 | ₹ 47,700 | -0.25% |
17 June 2022 | ₹ 52,150 | ₹ 47,820 | +0.42% |
16 June 2022 | ₹ 51,940 | ₹ 47,620 | +0.85% |
15 June 2022 | ₹ 51,510 | ₹ 47,220 | -0.48% |
14 June 2022 | ₹ 51,780 | ₹ 47,450 | -1.98% |
13 June 2022 | ₹ 52,810 | ₹ 48,410 | 0% |
12 June 2022 | ₹ 52,810 | ₹ 48,410 | 0% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st May rate | ₹ 48,470 | ₹ 52,870 |
31st May rate | ₹ 47,780 | ₹ 52,150 |
Highest rate in May | ₹ 48,480 on 1st May 2022 | ₹ 52,880 on 1st May 2022 |
Lowest rate in May | ₹ 46,180 on 18th May 2022 | ₹ 50,370 on 18th May 2022 |
Over all performance | Falling | Falling |
% change | -1.36% | -1.36% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st April rate | ₹ 48,180 | ₹ 52,550 |
30th April rate | ₹ 48,480 | ₹ 52,880 |
Highest rate in April | ₹ 49,890 on 19th April 2022 | ₹ 54,470 on 19th April 2022 |
Lowest rate in April | ₹ 47,700 on 1st April 2022 | ₹ 52,030 on 1st April 2022 |
Over all performance | Rising | Rising |
% change | +0.63% | +0.63% |
Gold Rates | 22 Carat | 24 Carat |
---|---|---|
1st March rate | ₹ 46,820 | ₹ 51,130 |
31st March rate | ₹ 47,700 | ₹ 52,030 |
Highest rate in March | ₹ 50,760 on 9th March 2022 | ₹ 55,360 on 9th March 2022 |
Lowest rate in March | ₹ 46,820 on 1st March 2022 | ₹ 51,130 on 1st March 2022 |
Over all performance | Rising | Rising |
% change | +1.76% | +1.76% |
Patna, however, not only prefers gold for its ornamental value but also views it as a safe investment tool. It is touted as a hedge against inflation and is considered a significant portfolio diversifier with risk-adjusted returns.
The prices keep fluctuating in Patna on a daily basis. State taxes, octroi, import duties, and market fluctuations play a major role. Similarly, the dollar-rupee relation is an important factor.
While the investment in gold as a commodity is particularly notable in this city, digital gold investments are no behind. With technological advancements, economic development, and rising literacy rates, digital gold investments have significantly risen.
Be it Exchange Traded Funds (ETFs), sovereign gold bonds or gold futures, locals aren’t shying away from emptying their pockets. It wouldn’t be wrong to say that overall, these diverse gold investment opportunities have provided the locals with a choice to manage their assets better as well as more control on how they reap a benefit from their investment.
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