Gold and Silver Prices Soar in Patna Amidst Wedding Season Demand

• Despite record high prices, gold and silver sales are robust in Patna due to the ongoing wedding season.
• Daily transactions in Patna and nearby areas exceed ₹100 crore, indicating strong market activity.
• Bihar's annual consumption is estimated at 38-40 tons of gold and 400-500 tons of silver.
• Market experts note increased investment in silver due to rising prices and higher demand for gold biscuits.
• Current rates in Patna: 24-carat gold at ₹1,62,000/10g (without GST), silver at ₹3,50,000/kg (without GST).

Why It Matters: Patna's bullion market thrives with high gold and silver prices driven by wedding season demand.