Gold Rate in Bhubaneswar

Today 24 Carat Gold Price per gram in Bhubaneswar (INR)

Gram 24 Carat Gold Yesterday24 Carat Gold Today Daily Price Change
1 Gram Rs 3042.00Rs 3026.00
8 Gram Rs 24336Rs 24208
10 Gram Rs 30420Rs 30260
100 Gram Rs 304200Rs 302600

Last Update on 19th Sep 2017

 

Today 22 Carat Gold Price per gram in Bhubaneswar (INR)

Gram 22 Carat Gold Yesterday22 Carat Gold Today Daily Price Change
1 Gram Rs 2854.00Rs 2838.00
8 Gram Rs 22832Rs 22704
10 Gram Rs 28540Rs 28380
100 Gram Rs 285400Rs 283800

Gold Rate in Bhubaneswar

Why is gold important in Bhubaneswar?

The temple city of Bhubaneswar’ has a great affinity towards gold due to its natural beauty and radiance, which allows it to be compared to the Sun, in many of the local folktales and myths.

Regardless of the gold rate in Bhubaneswar, people from all classes have a penchant for wearing and gifting gold in all special occasions and festivals.

How do people of Bhubaneswar hold gold?

Gold is held in either the physical form or the electronic form. The holders of physical gold purchase gold in the form of jewelry or coins and bars. Gold ETFs are safer, more liquid, involve lowers costs and may be treated as a type of fixed deposit account. For both forms of gold, it is advisable to check today’s gold rate in Bhubaneswar before buying or selling.

What affects today’s gold rate in Bhubaneswar?

The price of gold in Bhubaneswar depends on multiple factors such as the costs of production, central banks’ monetary policies and global cues. The price of the gold ETFs depends on the market value of physical gold and Bhubaneswar’s gold price futures.

Bhubaneswar is one of the few cities in India where the gold price has risen substantially in 2017 when compared to other cities in the countries where gold prices are showing a downward descent.

22 & 24 Carat Gold Rate in Bhubaneswar for Last 10 Days

Year
STANDARD GOLD 22K
1 GRAM 10 GRAM
PURE GOLD 24K
1 GRAM 10 GRAM
19 September 2017 Rs. 2838.00 Rs. 28380 Rs. 3026.00 Rs. 30260
18 September 2017 Rs. 2854.00 Rs. 28540 Rs. 3042.00 Rs. 30420
17 September 2017 Rs. 2854.00 Rs. 28540 Rs. 3042.00 Rs. 30420
16 September 2017 Rs. 2862.00 Rs. 28620 Rs. 3050.00 Rs. 30500
15 September 2017 Rs. 2854.00 Rs. 28540 Rs. 3042.00 Rs. 30420
14 September 2017 Rs. 2852.00 Rs. 28520 Rs. 3040.00 Rs. 30400
13 September 2017 Rs. 2857.00 Rs. 28570 Rs. 3045.00 Rs. 30450
12 September 2017 Rs. 2874.00 Rs. 28740 Rs. 3062.00 Rs. 30620
11 September 2017 Rs. 2895.00 Rs. 28950 Rs. 3083.00 Rs. 30830
10 September 2017 Rs. 2895.00 Rs. 28950 Rs. 3083.00 Rs. 30830

Bhubaneswar Gold Rate Trend in Last 3 Month

Gold Rate in Bhubaneswar

Bhubaneswar, the capital of Odisha, is a city where people have a lot of fascination with gold. Odisha is one of the most populous states of India and people from various parts of India are settled here. People here buy gold for different reasons and invest in gold in varied ways.

Storing of Gold in Bhubaneswar

Gold price in Bhubaneswar varies according to the type of product you are buying like gold bars, gold coins, jewelry, etc. The gold demand in Bhubaneswar is more during the festivities which are celebrated with great grandeur in the culturally rich state of Odisha.

Gold Price Movement in Bhubaneswar

Today gold price in Bhubaneswar is changing according to the changes in the price of this yellow metal across the globe. It also depends on the demand of gold in the city.

Gold as an Investment in Bhubaneswar

Gold jewelry is the main way of investing in gold in Bhubaneswar. The festivities and weddings are the main occasions where gold jewelry is purchased. Odisha is a state filled with upcoming artisans, and therefore, many varieties in designs of gold jewelry can be found here. Bhubaneswar has several jewelry exhibitions all around the year which gives this state another reason to invest in gold. Whether it is the middle class or the upper class, all classes of economy invest in gold in Bhubaneswar.