Patna: Gold and silver prices in Patna have climbed to unprecedented levels during the Navratri season, with jewellers and investors closely tracking the surge. Market experts attribute the rise to global geopolitical tensions and economic uncertainty, which have driven demand for the precious metals.
On Saturday, 24-carat gold was selling at Rs 1,14,300 per 10 grams in the city, rising to Rs 1,17,729 after GST. Prices for 22-carat gold stood at Rs 1,06,200 per 10 grams, while 18-carat gold reached Rs 87,700. Silver was priced at Rs 1,36,800 per kg before GST, and Rs 1,40,904 afterwards.
Traders in Patna say the rally could continue, with gold potentially moving towards the Rs 1.5 lakh mark if current conditions persist. However, analysts have also warned that after such a steep climb, a correction of 10–12% cannot be ruled out. Despite the short-term volatility, the long-term outlook remains bullish.
For buyers, the soaring prices have meant rethinking household budgets during the festive season, even as investors welcome the gains.
