Silver Rate Today in Bihar – 7 Nov 2026, 3 AM IST

• Today's silver rate in Bihar
• City wise silver rate comparison
• Making charges and GST
• Where to buy silver in Bihar
• Chhath Puja to Dhanteras buying calendar

The figures in the live table are bullion reference rates for Bihar, quoted per gram for 999 fine silver and 925 sterling silver, refreshed every business day against MCX and IBJA benchmarks. This is the base rate Patna's Pataliputra Sarafa Bazaar prices against, before jewellers add their own making charges.

Silver holds genuine cultural and religious weight in Bihar, worn for weddings, offered during Chhath Puja, and carried as coins by millions of pilgrims to Gaya each year. This page covers today's rate, a city wise comparison, how the rate is set, making charges and GST, purity verification, where to buy and sell, Bihar's buying calendar, taxation and a detailed FAQ.

The weight table converts today's per gram rate into the denominations Bihar's buyers transact in, from a single gram through 10 grams, 100 grams and a kilogram, for both 999 and 925 purity.

Pilgrims buying silver coins in Gaya typically purchase in small gram denominations as dakshina, while investment minded buyers in Patna and Bhagalpur more often buy at the 100 gram or kilogram level.

The base bullion rate for 999 and 925 silver is identical across Bihar on any given day, since every city prices against the same national IBJA benchmark. What genuinely differs from city to city is the local premium and the making charge a jeweller adds.

Gaya is a genuine exception. During and around the Pitru Paksha Mela, high transaction volume for small denomination coins can occasionally push silver to trade at a slight negative premium to the national average, meaning buyers get mildly better rates than in metro cities, a real advantage during peak pilgrim season. Patna, Muzaffarpur and Bhagalpur price closer to the standard national premium.

A single day's rate tells you very little on its own. The last ten trading sessions show whether today's print sits at the top of a run, at the bottom of a pullback, or somewhere in the middle of a flat stretch.

Silver moves harder in percentage terms than gold on the same piece of news, so a wider range over ten days is normal here than on a Bihar gold rate page over the same window.

The trend table sets today's Bihar rate against its opening and closing values over seven days, 30 days and 12 months. The shorter windows capture sentiment; the 12 month window captures the structural story, chiefly global industrial demand, ETF investment flows and the gold to silver ratio.

Bihar tracks the national IBJA benchmark closely, with local demand shaped by the Chhath Puja and Dhanteras calendar and Patna's Pataliputra Sarafa Bazaar trading rhythm.

Silver trades continuously in US dollars per troy ounce on COMEX and the London Bullion Market Association benchmark, converts at the prevailing USD to INR rate, and picks up customs duty, cess and GST before reaching Indian retail. Bihar's jewellers price against the national IBJA reference rate each morning, with Patna's Pataliputra Sarafa Bazaar setting the tone for the rest of the state.

Silver is more industrially exposed than gold nationally, though Bihar's own retail demand is driven almost entirely by jewellery, religious offerings and the genuinely unique pilgrim economy around Gaya rather than any local industrial use.

Real interest rates, the US dollar, industrial demand and investment flows move the international price. The rupee's exchange rate and Indian import duty changes move the local price on top of that.

Locally, Chhath Puja, the Pitru Paksha Mela and Dhanteras bring sharp seasonal uplifts in buying across Patna and Gaya. As gold prices climb, Bihar's middle income buyers frequently shift toward silver jewellery and coins as a more accessible substitute.

999 fine silver is 99.9 percent pure and is the form used for investment coins and bars, heavily bought across Bihar around Dhanteras and by pilgrims in Gaya as religious dakshina.

925 sterling silver, 92.5 percent pure with the remainder mostly copper, is the standard for jewellery sold across Patna, Muzaffarpur and Bhagalpur's retail jewellers. Confirm which purity a quote refers to before comparing shops.

The rate shown on this page is the metal price alone. What you pay at the counter adds a making charge, then GST at 3 percent on the combined total of metal value plus making charge.

What making charges typically run in Bihar

• Silver coins and bars | roughly 3 to 8 percent, close to 999 purity
• Standard jewellery | roughly 6 to 20 percent based on the work involved
• Wedding sets and heavier ornaments | roughly 12 to 25 percent, reflecting detailed craftsmanship

A worked example: a 40 gram silver piece with 12 percent making adds 12 percent to the metal value, then 3 percent GST on that subtotal, for a final bill roughly 15.4 percent above the pure metal value.

Silver hallmarking became mandatory across India from 1 September 2025, with a six digit HUID marked on each hallmarked piece alongside the BIS Standard Mark and purity grade. Patna jewellers already routinely distinguish hallmarked from non hallmarked silver pricing, with non hallmarked pieces trading at a small discount.

• Look for the BIS Standard Mark, purity grade and HUID number on the piece
• Verify the HUID independently using the BIS CARE app
• Ask the jeweller to weigh the piece in front of you and confirm the purity claim against the day's rate

For silver coins bought around Gaya's temples specifically as religious dakshina, purity conventions can differ from standard retail jewellery, so confirm before buying in bulk.

The Pataliputra Sarafa Bazaar is Patna's benchmark bullion market, the reference point local jewellers and traders across the state price their day against each morning. Patna's jewellery trade has grown steadily busier through festive and wedding seasons, even as record high prices have pushed many buyers toward lighter, less heavy pieces.

Jewellers here report that despite sharp price rises, underlying demand rarely disappears entirely, since silver purchases around weddings and major festivals are treated as an essential rather than a purely discretionary expense.

Gaya's silver market rests on a foundation no purely commercial city can replicate. The Pitru Paksha Mela alone draws 22 lakh pilgrims from across India and nine countries over a 17 day window, generating more than 20 crore rupees in local business and flooding Bajaja Road and Vishnupad Chowk with far more silver coin transactions than the city sees across most of the rest of the year.

The buyer base here is genuinely layered: local families buying for weddings and Chhath Puja, pilgrims purchasing silver coins as dakshina for the Gayawal Pandas, farmers from the Magadh agricultural hinterland converting post harvest income into physical silver, and Buddhist tourists from Japan, Thailand, Myanmar and Sri Lanka buying silver plated ritual items at Bodh Gaya, 13 kilometres away.

Muzaffarpur, known for its vibrant trade activity and litchi economy, carries a solid local silver retail trade serving North Bihar, with growing demand tracked closely against Patna's benchmark rate.

Bhagalpur, historically known for its silk trade, is one of Bihar's larger jewellery retail centres alongside Patna and Gaya, with a genuine base of established local jewellery stores serving the wider region.

Silver buying in Bihar follows a distinctly local calendar layered on top of the national festival cycle.

• Chhath Puja, one of Bihar's most significant festivals, dedicated to the Sun God, when families buy silver items for household worship and offerings
• The Pitru Paksha Mela in Gaya, a 17 day window drawing 22 lakh pilgrims who buy silver coins as dakshina for the Gayawal Pandas
• Dhanteras and Diwali, the strongest annual buying peak for silver coins and jewellery
• Teej and Chitragupta Pooja, both celebrated with genuine enthusiasm across the state
• Wedding season, when demand for silver ornaments and gifting items peaks alongside gold

Jewellers in Patna and Gaya stock up heavily ahead of both Chhath Puja and Dhanteras, given how much of the state's annual silver retail volume concentrates in these windows.

Chhath Puja, dedicated to the Sun God and celebrated on the sixth day following Diwali, is one of Bihar's most significant festivals, observed with both fasting and feasting over four days by devotees standing in rivers, ponds and makeshift water bodies to offer prayers.

Silver items, from pooja thalis to small ceremonial pieces, are commonly bought or brought out from family collections specifically for Chhath, giving Patna and Gaya's jewellers a genuine seasonal demand spike distinct from the mainstream national Diwali and Dhanteras calendar.

The Pitru Paksha Mela, a 17 day annual fair centred on ancestral rites at Gaya, draws an estimated 22 lakh pilgrims from across India and nine other countries, generating more than 20 crore rupees in local business in this single window alone.

Silver coin purchases surge specifically because pilgrims traditionally offer dakshina to the Gayawal Pandas, the hereditary priests who conduct the Pind Daan rituals, making this one of the most concentrated periods of small denomination silver coin transactions anywhere in India.

Silver ornaments, utensils and pooja items remain a standard part of the wedding gift exchange in Bihari families, alongside gold, with silver anklets and small ceremonial pieces bought specifically for the bride as part of the broader trousseau tradition.

This structural demand means silver buying in Bihar continues through every price cycle, since Patna's jewellers report that even record high prices in 2025 and 2026 pushed buyers toward lighter pieces rather than causing them to skip the purchase altogether.

The Pataliputra Sarafa Bazaar in Patna covers everything from wholesale silver to modern retail jewellery. Gaya's Bajaja Road, anchored by the Monika Jewellers group and flanked by shops on Delha Road, Tekari Road and Swarajpuri Road, is worth visiting specifically for its unique pilgrim facing trade, with national chains like Senco Gold and Diamonds also present for more formally organised buyers.

What to check wherever you buy

• BIS hallmark and HUID number on the piece
• The day's rate displayed and the making charge quoted as a percentage in writing
• A proper GST invoice carrying weight, purity, rate and making charge

Exchange at an established jeweller, ideally the one who sold it, with the piece weighed and purity tested in front of you. Patna's Pataliputra Sarafa Bazaar dealers typically offer the most transparent buyback terms given the volume of trade they handle.

Patna Press has reported that jewellers quote separate exchange rates for hallmarked and non hallmarked silver, so confirm which rate applies to your specific piece before agreeing to a sale.

Local Patna press coverage through 2025 and 2026 has consistently reported jewellers seeing customers shift toward lighter weight silver pieces as prices climb, balancing tradition against affordability rather than skipping purchases altogether.

What has held up is the underlying occasion driven demand itself. Jewellers quoted in Bihar media have consistently said that no matter how high prices climb, buyers still purchase for weddings and festivals, since it remains an essential part of tradition rather than a purely discretionary expense.

Taxes on silver are set nationally, so nothing here is specific to Bihar.

At purchase, GST at 3 percent applies on the value of the metal plus making charges. At sale, profit on physical silver held over the qualifying period is taxed as long term capital gains; shorter holdings are taxed at your slab rate. Large cash purchases require PAN above the prescribed threshold.

None of this is tax advice. For a large transaction, confirm current rules with a chartered accountant.

Silver is more volatile than gold day to day, since it carries a genuine industrial demand component nationally alongside its investment role. Coins and bars in 999 purity carry the lowest making cost and recover the most value on resale, while jewellery in 925 purity carries making charges not recovered on resale.

Bihar industry experts quoted in local press consistently describe gold and silver as safe long term investments even during periods of sharp price rises, though they also caution that short term volatility is genuinely part of the picture.

Silver in India traded around 37,000 to 40,000 rupees per kilogram in 2015 and 2016, and stayed close to that band through 2018 and 2019. The metal rose steadily after the pandemic, crossing 78,000 rupees per kilogram in 2023.

The RBI's annual average for financial year 2024 to 2025 stood at roughly 89,000 rupees per kilogram, and financial year 2025 to 2026 saw an increase of about 82 percent to roughly 1,62,000 rupees per kilogram, a level Patna's own bullion market has confirmed directly.

Over the full decade, an investor holding physical silver from 2015 through 2025 saw their holding value roughly triple. Bihar's local rates have tracked this national curve throughout.

Unlike gold, over half of global silver demand now comes from industry rather than jewellery or investment, chiefly solar panels, electric vehicles, semiconductors and 5G hardware.

India imports over 80 percent of the silver it consumes. In September 2025 the government restricted imports of plain silver jewellery, and in May 2026 raised the import duty on silver bullion, changes that move the domestic price for the whole country independently of the global rate for a period.

The practical approach for most buyers is to purchase against genuine need and timeline rather than trying to time the market, a view local Patna traders themselves have echoed publicly.

Silver is more volatile than gold day to day because of its industrial demand component. Over the last decade silver has occasionally outpaced gold in percentage terms during rally phases, though it also falls harder during pullbacks.

Equity markets have historically delivered higher long run returns than precious metals, but with far more volatility. Debt instruments give predictable, lower returns with minimal price risk.

In Bihar, silver's role in a household's savings is usually a small, liquid, culturally central holding tied to weddings, Chhath Puja and religious tradition, not a replacement for equity or debt.

Physical silver, bought as coins, bars or jewellery from a Patna jeweller, gives you something you can hold, gift or wear, but attracts 3 percent GST, requires safe storage, and jewellery carries making charges not recovered on resale.

Silver ETFs let you hold silver electronically without storage or GST, through a regular demat account, though market trade in ETFs has been slower to catch on in Bihar than physical jewellery buying. Both physical silver and silver ETFs are taxed the same way, at 12.5 percent on long term capital gains without indexation for holdings over 12 months.

India imports over 80 percent of the silver it consumes, mostly as bullion cleared through customs before reaching refiners and eventually jewellers in states like Bihar.

More than half of global silver demand comes from industry rather than jewellery, though Bihar's own retail demand is driven by jewellery, religious offerings and the unique Gaya pilgrimage trade rather than any local industrial silver use.

• 999 fine silver: 99.9 percent pure, used for coins and bars
• 925 sterling silver: mixed with copper for strength, the standard for jewellery
• Chandi: the Hindi and Bihari word for silver, commonly used in local searches; sona means gold
• Dakshina: a religious offering, in this context often silver coins given to Gayawal Pandas by pilgrims
• Making charges: the fee a jeweller adds for crafting a piece
• HUID: the unique six digit hallmark identification number
• IBJA: the India Bullion and Jewellers Association, source of the national reference rate

Patna's silver trade grew alongside the city's long history as a centre of trade on the Ganges, with the Pataliputra Sarafa Bazaar developing into the state's benchmark bullion market over generations.

Gaya's silver trade follows an entirely different historical arc, shaped by centuries of pilgrimage tied to the Vishnupad Temple and the ancient Hindu tradition of Pind Daan, giving the city's jewellery streets a character unlike any purely commercial market in the state.

Silver tarnishes when exposed to air and humidity, and Bihar's monsoon climate and Gangetic plain humidity make this a genuine concern. Keep pieces in an airtight pouch or box, ideally with an anti tarnish strip.

For larger holdings, a bank locker in Patna remains the most secure option. Keep your original purchase invoice with your stored silver, since it establishes purity, weight and cost basis if you need to sell or claim insurance later.

Silver and property serve fundamentally different purposes as assets. Property in Patna requires a large upfront commitment and is illiquid. Silver can be bought and sold in small increments and converted to cash within minutes.

Most Bihari households do not choose between the two. Property tends to serve as a long term family asset, while silver serves as a smaller, liquid holding for weddings and religious occasions, including the specific dakshina tradition around Gaya.

If you are in Bihar and considering a silver or lab grown diamond jewellery purchase, Lucira offers hallmarked silver and certified lab grown diamond pieces with transparent, itemised pricing and doorstep delivery across India, so you can compare designs and pricing without needing to visit Patna in person.

Every Lucira piece is priced against the live daily rate shown on this page, with making charges and certification costs shown separately.

A proper invoice from a Bihar jeweller should show the net silver weight in grams, the purity, the rate applied per gram that day, the making charge, and GST at 3 percent applied on the metal plus making charge combined.

If a piece carries stones or beads, the invoice should state the net silver weight separately from the gross weight. A hallmarked piece should also show the HUID number, verifiable through the BIS CARE app.

• A quoted rate below the day's published benchmark, which usually means lower purity than claimed
• Gross weight billed as if it were net silver weight on stone set or ornamental pieces
• Making charges quoted verbally but not itemised on the final bill
• Pressure to buy quickly during the Pitru Paksha Mela or Dhanteras without comparing shops

Always confirm the current BIS hallmark and HUID independently through the BIS CARE app rather than taking a seller's word for it, particularly when buying quickly during peak pilgrim season in Gaya.

• Jewellery from a Patna or Gaya jeweller: wearable and giftable, but making charges reduce resale value
• 999 coins and bars: lowest making cost, best for pure savings
• Silver ETFs: no storage or GST, held in a demat account
• Small denomination coins as religious dakshina: bought specifically for offerings, not held as investment

Most Bihar households use a mix, wedding and religious silver bought for its cultural role, and coins, bars or ETFs bought purely as savings.

Under the rules applicable for financial year 2025 to 2026, profit on physical silver or silver ETFs held for more than 12 months is taxed as long term capital gains at 12.5 percent without indexation. Holdings sold within 12 months are taxed at your income tax slab rate.

Your gain is calculated as the sale price minus your original purchase cost, including making charges, which is why keeping your original invoice matters. Confirm current rules with a chartered accountant before a large sale.

Unlike gold, there is no prescribed ceiling on how much silver an individual can hold in India, provided it is acquired through disclosed, taxed income and you can produce invoices if asked.

Cash payments for a single silver purchase above the prescribed threshold require your PAN card, and payments above two lakh rupees in cash for a single transaction are not permitted regardless of PAN.

The Pataliputra Sarafa Bazaar in Patna remains the single most important reference point for silver pricing anywhere in Bihar, and jewellers across the state, whether in Gaya, Muzaffarpur or Bhagalpur, price their day against it each morning, with Gaya's rates additionally shaped by its unique pilgrim economy.

For any significant purchase, comparing making charges across at least two markets, typically Patna against your own city's established jeweller, is a reasonable and common practice.

Many jewellers across Bihar, particularly established shops in Patna and Bhagalpur, offer monthly instalment schemes where you deposit a fixed amount each month for around 11 months, with a bonus instalment added at the end, redeemable against jewellery.

Before joining one, confirm in writing whether redemption is locked at deposit day rates or redemption day rates, and check whether the bonus is forfeited if you exit early.

Farmers from the Magadh region surrounding Gaya routinely convert post harvest income into physical silver, a pattern that gives the city's jewellers a second, genuinely distinct source of demand beyond pilgrimage tourism.

This agricultural buying tends to cluster around the harvest season, adding a further layer to Gaya's already unusually varied silver customer base of pilgrims, local families and farmers.

The Vishnupad Temple in Gaya, built around a footprint believed to belong to Lord Vishnu, holds silver encased sacred elements including the Dharmashila, giving the temple's own silver holdings a religious significance that functions as a local equivalent to industrial demand elsewhere.

This temple, along with the broader Pind Daan tradition it anchors, is the reason Gaya's silver retail trade has developed a scale and character genuinely distinct from any other city in Bihar.

Bodh Gaya, 13 kilometres from Gaya and one of Buddhism's most important pilgrimage sites, draws a steady stream of international Buddhist tourists from Japan, Thailand, Myanmar and Sri Lanka, many of whom buy silver plated ritual items as offerings or souvenirs.

This international dimension gives Gaya's wider silver retail trade a genuinely global customer base alongside its domestic Hindu pilgrimage economy, a combination that sets it apart from almost any other city in Bihar.

Silver retail in Bihar sits inside a jewellery economy shaped by genuinely distinct forces across the state, Patna's commercial bullion trade at the Pataliputra Sarafa Bazaar, and Gaya's pilgrimage economy, which functions as a kind of industrial demand equivalent given the sheer transaction volume the Pitru Paksha Mela generates.

This combination gives Bihar's silver market a resilience that purely investment driven markets lack, since wedding, Chhath Puja and pilgrimage demand continues through every price cycle rather than fluctuating primarily with sentiment.