In the Patna bullion market, silver surged by ₹1100 per kilogram on Thursday, despite a slump in the wedding season demand. Gold also witnessed a rise of ₹100 per ten grams, crossing the ₹65,000 mark. Following the strengthening trend in gold and silver prices, silver reached ₹74,500 per kilogram, while gold bullion reached ₹65,100 for 24 carat and ₹64,950 for 22 carat per ten grams. 
The continuous firming up of prices in gold and silver is being attributed to the impact of global market fluctuations on the commercial category. Traders are hopeful of relief in the coming times, not considering the current stability in metal prices as a permanent trend.
The market situation is such that the demand has subsided due to a one-month hiatus during the wedding season. Amidst this, the steady rise in metals could weaken consumer demand. Particularly, the strengthening of silver could lead to a decrease in demand from manufacturers.
The market’s condition indicates a steady purchase from jewelers and manufacturers, despite a slowdown in consumer buying. This has had an adverse effect on business. However, due to the continuous strength in silver, manufacturers are still making purchases.
The increased demand for lightweight jewelry is gaining prominence due to the strength in gold prices. The market pundits speculate that metals may continue to experience sharp fluctuations, which could impact commercial activities.
The surge in gold and silver prices, despite a seasonal decline in demand, highlights the resilience of these metals in the market. The ongoing trends in prices indicate a complex interplay of factors influencing market dynamics, with potential implications for commercial activities.