Bihar · 16 September 2026 · 12:17 AM IST
| Weight | Base Price | Incl. GST (3%) | 925 Sterling |
|---|---|---|---|
| 1 Gram | ₹245.73 | ₹253.10 | ₹227.30 |
| 5 Grams | ₹1,228.65 | ₹1,265.51 | ₹1,136.50 |
| 10 Grams | ₹2,457.30 | ₹2,531.02 | ₹2,273.00 |
| 1 Tola (11.66g) | ₹2,866.15 | ₹2,952.13 | ₹2,651.19 |
| 100 Grams | ₹24,573.00 | ₹25,310.19 | ₹22,730.03 |
| 500 Grams | ₹122,865.00 | ₹126,550.95 | ₹113,650.12 |
| 1 Kilogram | ₹245,730 | ₹253,102 | ₹227,300 |
| 1 Troy Oz | ₹7,643.06 | ₹7,872.35 | ₹7,069.83 |
Today, silver prices in Patna experienced a notable rise of Rs.0.6/gram to Rs.245.73/gram, driven by increased demand ahead of festive seasons. Local consumers and investors are showing heightened interest in silver, likely due to the upcoming festivals and traditional practices that promote silver purchases. The surge in prices also coincides with a slight improvement in international silver markets, as evidenced by COMEX trends, and a stable USD/INR exchange rate, which has not been a significant factor in the recent price movement.
Global macroeconomic factors, such as the US Federal Reserve’s interest rate hikes and the USD/INR exchange rate, continue to impact silver prices. The US dollar’s strength has historically reduced the attractiveness of dollar-denominated precious metals for non-US investors. However, the current stable USD/INR exchange rate has not dampened the appetite for silver, especially with India’s domestic factors like festive demand and MCX prices driving local sentiment. The Indian Bullion & Jewellers Association (IBJA) rates are also trending positively, aligning with the upward movement in the market. Additionally, the monsoon outlook, while currently neutral, has the potential to influence agricultural production and overall economic activity, which could indirectly impact consumer spending on metals like silver.
For local consumers in Patna, it’s advisable to consider purchasing silver from reputable jewelers and bullion dealers that adhere to BIS hallmark standards. Current market conditions suggest that buying at the beginning of the festive season may be more advantageous, but investors should also consider their long-term strategies. Physical silver can be a hedge against inflation, and paper silver through ETFs offers a more liquid and accessible option for those preferring a flexible investment. Both options should be evaluated based on liquidity needs, storage costs, and market volatility.
To securely buy physical silver or paper silver in Patna, start by researching and selecting a reputable dealer or bank that complies with BIS hallmark standards. For physical silver, visit their showroom or arrange for home delivery. For paper silver, open an account with a recognized brokerage or platform. Follow their process to deposit funds, choose the amount of silver you want to invest, and complete the transaction. Ensure you keep all transaction documents for future reference and consider insurance for physical silver to mitigate risks.