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 2959.00Rs 2936.00
8 Gram Rs 23672Rs 23488
10 Gram Rs 29590Rs 29360
100 Gram Rs 295900Rs 293600

Last Update on 17th Aug 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 2771.00Rs 2748.00
8 Gram Rs 22168Rs 21984
10 Gram Rs 27710Rs 27480
100 Gram Rs 277100Rs 274800

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.

Gold Rate in Bhubaneswar for Last 10 Days

Year
STANDARD GOLD 22K
1 GRAM 10 GRAM
PURE GOLD 24K
1 GRAM 10 GRAM
17 August 2017 Rs. 2748.00 Rs. 27480 Rs. 2936.00 Rs. 29360
16 August 2017 Rs. 2771.00 Rs. 27710 Rs. 2959.00 Rs. 29590
15 August 2017 Rs. 2771.00 Rs. 27710 Rs. 2959.00 Rs. 29590
14 August 2017 Rs. 2783.00 Rs. 27830 Rs. 2971.00 Rs. 29710
13 August 2017 Rs. 2783.00 Rs. 27830 Rs. 2971.00 Rs. 29710
12 August 2017 Rs. 2784.00 Rs. 27840 Rs. 2972.00 Rs. 29720
11 August 2017 Rs. 2756.00 Rs. 27560 Rs. 2944.00 Rs. 29440
10 August 2017 Rs. 2727.00 Rs. 27270 Rs. 2915.00 Rs. 29150
09 August 2017 Rs. 2717.00 Rs. 27170 Rs. 2905.00 Rs. 29050

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.