The gold rate in Bihar is shaped by factors such as international bullion prices, exchange rate fluctuations, import duties, and local market demand. Since gold prices directly influence the value of gold jewellery and coins, changes in the rate can also affect the amount available against a gold loan. Understanding these drivers can help you better evaluate gold price movements and their impact.
Gold Price in Bihar Today
In summary
- Check today's gold prices in Bihar before buying jewellery, investing, or applying for a gold loan.
- Gold rates are tracked for 18 karat, 22 karat, and 24 karat purity.
- Bihar's gold rate often sees added movement around wedding and festive seasons, when local demand rises.
- A higher gold rate today means your pledged jewellery can support a larger gold loan amount.
This page covers today's gold rate in Bihar, the last 10 days' price trend, historical rates, purity-wise pricing, and how gold rates affect your gold loan eligibility.
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How the gold price is calculated in Bihar
The gold price in Bihar is calculated through a step-by-step process:
- Global gold prices are considered: The calculation begins with the prevailing price of gold in the international market.
- The price is converted into Indian rupees: Since gold is traded globally in US dollars, the value is converted using the current USD-INR exchange rate.
- Government charges are added: Import duty and applicable GST are included to arrive at the domestic gold price.
- Local charges are included: Transportation, handling, and other local market costs may be added by dealers.
- Gold purity is applied: The rate is adjusted based on whether the gold is 18K, 22K, or 24K.
- Making charges are added for jewellery: If you are buying jewellery, the jeweller adds making charges, which vary by design and seller.
The final gold rate is updated: Based on these calculations and local market conditions, the gold rate today in Bihar is determined and updated daily.
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Historical gold rate in Bihar and past trends
Gold prices in Bihar have generally increased over the years due to factors such as global gold prices, inflation, currency movements, and changing investor demand. Looking at historical gold rates can help buyers and investors understand long-term price trends and make more informed decisions. The table below shows the approximate historical price of 24K gold per 10 grams.
| Year | 24-carat gold price per 10 grams |
|---|---|
| 2025 | Rs. 1,05,000 to Rs. 1,30,000 |
| 2024 | Rs. 77,000 |
| 2023 | Rs. 65,000 |
| 2022 | Rs. 52,000 |
| 2021 | Rs. 47,000 |
| 2020 | Rs. 48,000 |
| 2019 | Rs. 35,000 |
| 2018 | Rs. 31,000 |
| 2017 | Rs. 29,000 |
*2025 prices represent the approximate range observed during the year and may vary based on market movements.
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What influences gold prices in Bihar?
Several factors affect the gold rate today in Bihar. The most important ones are:
- Global gold prices: Gold prices in Bihar largely follow international market trends. When global prices rise or fall, local gold rates usually move in the same direction.
- USD-INR exchange rate: India imports most of its gold. If the Indian rupee weakens against the US dollar, gold becomes more expensive, leading to higher prices in Bihar.
- Demand and supply: Demand for gold typically increases during festivals, weddings, and the festive season. Higher demand with limited supply can push gold prices up.
- Inflation: Gold is often considered a safe investment during periods of high inflation. Increased demand for gold during such times can influence its price.
- Government policies: Changes in import duty, GST, and other government regulations related to gold imports can directly affect gold prices.
As the gold rate today in Bihar changes with global and domestic market conditions, staying updated can help you make informed decisions. You can also check your gold loan eligibility to know how much you may be able to borrow against your gold.
What is the difference between 18K, 22K, and 24K gold?
The difference between 18K, 22K, and 24K gold lies in their purity, strength, and purpose. If you are buying jewellery, 22K gold is a popular choice because it offers a balance of purity and durability. For investment, 24K gold is preferred due to its high purity. The 22 carat gold price in Bihar today is usually lower than the gold rate in Bihar 24 carat because 22K contains a small percentage of other metals.
| Parameter | 18K Gold | 22K Gold | 24K Gold |
|---|---|---|---|
| Purity | 75% | 91.6% | 99.9% |
| Strength | Highest | High | Lower |
| Common use | Designer jewellery | Traditional jewellery | Coins and bars |
| Price | Lowest | Higher | Highest |
Ways to verify gold purity in Bihar
You can check the purity of your gold using a few simple methods before buying, selling, or applying for a gold loan. While these checks offer a basic idea, a certified jeweller can provide the most accurate assessment.
- Check the BIS hallmark: Look for the BIS hallmark, purity mark (such as 22K or 24K), and the six-digit Hallmark Unique Identification (HUID) number. These indicate that the gold has been hallmarked as per BIS standards.
- Read the purity stamp: Use a magnifying glass to find markings such as 18K, 22K, 24K, 750, 916, or 999, which indicate the gold's purity.
- Inspect the colour: Pure gold has a bright, uniform yellow colour. Uneven colour, fading, or discolouration may indicate impurities or gold plating.
- Try the magnet test: Gold is not magnetic. If the jewellery is strongly attracted to a magnet, it may contain other metals.
- Get a professional purity test: Visit a BIS-certified jeweller or authorised gold testing centre for accurate purity verification using specialised equipment.
If you have gold jewellery, you can also check your gold loan eligibility to know how much you may be able to borrow based on its purity and weight.
How to calculate gold value in Bihar?
You can estimate your gold's value using three simple details: weight, purity, and today's gold price in Bihar.
Formula:
Gold Value = Gold Weight × Gold Rate per Gram
For example, if you own 10 grams of 22K gold and the gold rate in Bihar today is Rs.13,033 per gram:
10 × Rs.13,033 = Rs.1,30,330
This gives you the approximate market value of your gold. The final gold loan amount also depends on your gold's purity, applicable LTV ratio, and the lender's valuation process.
Check your gold loan eligibility to see how much you can borrow against your gold today.
How do gold rates influence gold investments?
Gold prices directly affect the value of your gold investments. When the gold price in Bihar today rises, physical gold, Gold ETFs, and Sovereign Gold Bonds usually gain value too. When prices fall, their value may drop as well. Each investment option works a little differently, but all of them move in line with changes in the underlying gold price.
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How do gold rates influence gold loans in Bihar?
Gold rates directly affect the amount you can borrow against your jewellery. When the gold rate in Bihar increases, the value of your pledged gold also rises, which may help you qualify for a higher loan amount. Lower gold rates may reduce the loan amount available against the same gold.
What decides your eligible loan amount?
Your eligible loan amount depends on:
- Gold weight
- Gold purity
- Applicable gold rate in Bihar on the day of assessment
- Loan-to-Value (LTV) ratio
Only the pure gold content in your jewellery is assessed. Stones, enamel, and other decorative additions are not counted.
The final loan amount depends on the eligible LTV, actual gold purity, and the lower of either the previous day's closing price or the 30-day average closing price published by IBJA or a SEBI-regulated commodity exchange. The LTV ratio must be maintained throughout the loan tenure and may be revised as per RBI guidelines and lender policies.
The loan amount is determined using the applicable gold loan interest rate and LTV ratio, both of which vary by loan size. To know more, click here.
Gold loan: What you should know before applying
With Bajaj Finance, you can borrow from Rs. 5,000 to Rs. 2 crore against your gold jewellery, ornaments, and gold coins. The gold loan interest rate starts from 9.50% per annum. Jewellery and ornaments are accepted between 18K and 22K purity. Gold coins are accepted up to 24K purity. Your gold is stored in secure vaults with insurance cover for the entire loan duration.
A few things worth knowing before you apply:
- Your loan amount is based on the weight and purity of your gold, and the gold price in Bihar today, not what you originally paid for it
- Bajaj Finance uses the lower of the previous day's closing price or the 30-day average closing price published by IBJA or a SEBI-regulated commodity exchange
- Only one valid KYC document is required: Aadhaar card, Voter ID, passport, driving licence, NREGA job card, or letter from the NPR
- You can repay interest monthly, bi-monthly, quarterly, half-yearly, or annually, with the principal settled at the end of the tenure
- There are no foreclosure charges; you can close the loan early without any penalty
Before applying, use the gold loan calculator to estimate your eligible amount, or check your gold loan eligibility online to understand your borrowing capacity based on today's gold price in Bihar, gold purity, and weight.
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Know more about gold rates in Indian states and Union Territories
Know more about gold rates in other cities
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Latest RBI updates
Section | Parameter | Applicable Details |
Eligibility Criteria | Gold purity accepted | 18-22 Karat for jewellery and ornaments |
24 karat for gold coins | ||
Eligible collateral types | Gold ornaments, jewellery, and coins | |
Eligible limit for each collateral type | Ornaments | Total pledged weight across all loans must not exceed 1 kilogram |
Gold coins | The total weight of gold coins pledged cannot be more than 50 grams. | |
Gold Jewellery | As per maximum loan amount. | |
Overall exposure limit | The total loan exposure across ornaments, jewellery, and gold coins together must not exceed the maximum loan limit of Rs. 2 crore. | |
Collateral protection
| Any loss, damage, or discrepancy in the quantity or purity of your pledged gold identified during audit, return, or auction will be recorded and promptly communicated to you or your legal heirs. The reimbursement or compensation process, as per company policy and SOP, will be clearly explained. Delays in collateral release due to lender fault will attract compensation of ₹5,000 per day. | |
Gold loan renewal | Renewal parameter | You can request renewal of your gold loan before maturity if it remains in standard status and within permissible LTV limits. This facility is available only to existing customers. For bullet repayment loans, accrued interest must be cleared. Renewals are subject to credit checks, fresh applicable charges, and are not allowed after maturity. |
Gold loan top up | Top up parameter | Top-up is allowed before maturity, subject to regulatory LTV limits, credit assessment, and customer eligibility. Fresh fees and charges apply. Top-up after maturity is not permitted, even if dues are outstanding. Top up facility is available only to existing users. |
LTV (Loan to Value) | For loans up to Rs.2.5 lakh | 85% |
For loans between more than Rs.2.5 lakh to Rs.5 lakh | 80% | |
For loans from more than Rs. 5lakh to Rs. 2 crore | 75% | |
Gold Value | Evaluation parameter | As per the latest guidelines, gold loans are offered against specific purity of gold jewellery, ornaments and gold coins, valued using lower of the average closing price for your gold's specific purity over the last 30 days or the previous day's closing price, as published by IBJA or a SEBI-regulated commodity exchange, within prescribed limits and subject to KYC and timely repayment. |
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Disclaimer
Bajaj Finance Limited (BFL) has the sole and absolute discretion, without assigning any reason to accept or reject any application as per BFL policy. *