KKN Gurugram Desk | As India approaches Akshaya Tritiya, a day considered highly auspicious for buying gold and silver, prices of precious metals are witnessing a sharp upward movement in several cities, especially in Bihar and Jharkhand. The ongoing wedding season has further boosted demand, impacting retail rates in local markets.

Consumers planning to purchase gold or silver today are advised to check current rates before making any buying decision, as prices are varying across cities due to local demand, supply, and making charges.

Why Are Gold and Silver Prices Rising?

Two primary factors are driving up precious metal prices across India:

• Akshaya Tritiya 2025 (April 30): A major occasion for buying gold, believed to bring good fortune.

• Wedding season demand: Families across states are buying ornaments and investment-grade gold.

Both these trends have contributed to a short-term surge in prices, especially for 22-carat and 24-carat gold, and 999 purity silver.

Gold and Silver Rates in Jharkhand Today

Here’s a city-wise breakdown of the latest gold and silver prices in Jharkhand as of April 29, 2025:

Ranchi:

• 22 Carat Gold: ₹91,150 per 10 grams

• 24 Carat Gold: ₹95,710 per 10 grams

• Silver: ₹1,11,000 per kilogram

Bokaro:

• 22 Carat Gold: ₹89,900 per 10 grams

• 24 Carat Gold: ₹95,100 per 10 grams

• Silver: ₹97,900 per kilogram

Jamshedpur:

• 22 Carat Gold: ₹89,500 per 10 grams

• 24 Carat Gold: ₹97,500 per 10 grams

• Silver: ₹1,01,000 per kilogram

Deoghar:

• 22 Carat Gold: ₹91,150 per 10 grams

• 24 Carat Gold: ₹95,710 per 10 grams

• Silver: ₹1,00,500 per kilogram

These rates include GST and local market premiums and are subject to change multiple times during the day based on bullion trends.

Gold and Silver Rates in Bihar Today

Gold and silver prices in Patna and other major cities in Bihar are currently on the rise due to festive and seasonal demand.

Patna:

• 24 Carat Gold: ₹99,234 per 10 grams

• 22 Carat Gold: ₹91,421 per 10 grams

• 18 Carat Gold: ₹74,799 per 10 grams

• Silver: ₹98,854 per kilogram

These are retail rates observed in leading jewellery markets like Boring Road, Patna Market, and Kankarbagh.

City-wise Gold Rates in Other Parts of Bihar

Gold rates across Bihar’s major districts remain consistent, with only minor variations depending on jewellers’ making charges.

Note: Local taxes, hallmarking charges, and making charges may affect final billing.

How to Choose Between 22K, 24K, and 18K Gold?

• 24 Carat Gold (99.9%): Pure gold, ideal for investment (coins, bars), but not for regular wear as it’s soft.

• 22 Carat Gold (91.6%): Most common for jewellery, contains some alloy for durability.

• 18 Carat Gold (75%): Popular in fashion jewellery, more durable, comes in rose and white gold finishes.

For Akshaya Tritiya and weddings, most customers opt for 22 Carat jewellery and 24 Carat investment products.

Tips Before Buying Gold or Silver on Akshaya Tritiya

1. Check hallmark certification (BIS hallmark for gold)

2. Always compare rates from multiple stores

3. Be aware of making charges (varies from 5–20%)

4. Ask for purity and weight confirmation

5. Verify whether the price includes GST (3% on gold)

6. For investment, prefer certified gold coins/bars

Online vs Offline Buying: Which Is Better?

With e-commerce gaining popularity, many customers are buying gold online via:

• Trusted jewellers’ websites (Tanishq, PC Jeweller, Malabar, Kalyan)

• Digital gold platforms (PhonePe, Paytm Gold, Google Pay, etc.)

Advantages of Online Gold Buying:

• Real-time rates

• Lower making charges

• Convenient doorstep delivery

• Transparent billing and certification

However, for wedding jewellery or customized items, offline stores still dominate due to better trial experience and design selection.

Will Gold Prices Continue to Rise?

Experts suggest that gold prices may remain elevated for the next few weeks due to:

• Akshaya Tritiya buying spree

• Ongoing geopolitical tensions globally

• High inflation and economic uncertainty, which traditionally push investors towards gold

Silver too is gaining momentum due to increasing industrial demand in electronics, solar energy, and electric vehicles.

If you’re located in Jharkhand or Bihar, today’s gold and silver prices are among the highest recorded in recent weeks. Whether you’re buying for a wedding, festival, or investment, be sure to:

• Compare rates

• Verify purity

• Buy from trusted sources

Akshaya Tritiya offers a symbolic opportunity for new beginnings — and for many Indian families, gold is the first step toward wealth building and cultural tradition.