Gold Price in Odisha

Gold has maintained its relevance throughout history as a symbol of wealth, prosperity, happiness, and fortune. Be it religious symbolism or artwork, gold had shaped and influenced the cultural contours of India profoundly. In the present age of the digital revolution, gold is among the most popular investments. This is because gold investments can not only act as a hedge against inflation but also provide stable returns. As a resident of Odisha, you also can zero in on this yellow metal to diversify your investment portfolio. Read on to know the multiple aspects of making gold investments in Odisha. 

Check out the Gold Price Today in Odisha for different weights below

Gram	22 Karat Gold Rate Today	22 Karat Gold Rate Yesterday	Daily Price Change
1 Gram	₹14785.0	₹14930.0	₹-145
10 Gram	₹147850.0	₹149300.0	₹-1450
100 Gram	₹	₹	₹

Gold price in Odisha with fluctuations in the last few days, is shown below:

The gold rate in Odisha is influenced by a mix of international market trends, currency movements and domestic pricing components. The final price you see at jeweller outlets across Bhubaneswar, Cuttack, Rourkela or Berhampur reflects both global benchmarks and local market conditions. Each layer of cost gets added as gold moves from international exchanges to Indian bullion dealers and finally to retail jewellers. 

Step-by-Step Gold Rate Calculation in Odisha

• Step 1: Start with the international market price for 24K gold (per ounce).
• Step 2: Convert the price into Indian rupees using the prevailing USD–INR exchange rate.
• Step 3: Add import duty and other customs levies to determine India’s landed cost of gold.
• Step 3: Apply GST on the imported gold value.
• Step 4: Add local dealer premiums for distribution within Odisha.
• Step 5: Jewellers then apply making charges and margins, which form the final retail price for consumers. 

A gold rate calculator is a simple tool that converts the live market price of gold into the price of jewellery or bullion for any unit and purity you choose. It saves time, removes manual errors, and shows a neat cost breakdown. It displays the base gold value, making charge (if any), and applicable taxes, so you know exactly what you’ll pay or receive. 

Online calculators on banking websites, jewellery platforms,s and financial marketplaces like Bajaj Markets normally fetch live rates. Plus, they often let you switch between units (gram, tola, ounce, kilo) and currencies. 

Inputs Needed in the Calculator

• Weight: Enter the weight of your item in grams, tola, ounce or kilogram. 
• Purity: Select the Karat (e.g. 18K, 22K, 24K) so the tool can apply the purity factor. 
• Unit & Currency: Pick the unit and currency you want the result in. 
• Current gold rate: Most tools automatically fetch the live 24K gold rate; you can also enter today’s gold rate manually for any other purity if needed. 
• Making charges (optional): If you’re pricing jewellery, add making charges as ₹/gram or % so the calculator can include them. 
• Taxes / GST (optional): The tool will apply GST or let you choose whether to include it in the final amount. 

Example Gold Rate Calculation

Consider the following example of calculating the price of gold if the 24K price is ₹6,800 per gram: 

• 24K Gold Rate = ₹6,800 per gram (live rate would be fetched by the calculator)
• Item Weight = 10 grams
• Purity = 22K (so purity factor = 22/24 ≈ 0.9167)
• Making Charges = ₹200 per gram
• GST = 3% (applied on the jewellery value as per GST guidance)

Here are the calculation steps: 

• 22K rate per gram = 6,800 × (22/24) ≈ ₹6,233.33
• Gold value for 10g = 6,233.33 × 10 = ₹62,333.30
• Making charges = 200 × 10 = ₹2,000.00
• Sub-total = 62,333.30 + 2,000.00 = ₹64,333.30
• GST 3% on sub-total = ₹1,929.99

Final price ≈ ₹66,263.29. (calculator usually rounds to nearest rupee for clarity).

Gold prices in India are influenced by global market trends, exchange rates, and local factors like domestic demand, inflation, and government duties. Here are some key factors below: 

Global Benchmark Prices

The starting point for gold rates in Odisha is the international spot price set on global markets such as the LBMA and major futures exchanges. Indian dealers and banks refer to these benchmarks when converting to rupees, so any move in the London/COMEX price quickly filters through to local rates. 

USD–INR Exchange Rates

Because gold is traded in US dollars, a weaker rupee makes imported gold costlier in rupee terms — pushing up retail rates in Odisha — while a stronger rupee can ease landed costs. Central-bank interventions and broader currency volatility, therefore, have a direct and often immediate effect on local gold pricing. 

Import Duties and Customs

India’s customs and duty structure on bullion determines the landed cost of imported metal; changes in basic customs duty or related cesses are passed to domestic prices. Recent budget and customs changes have materially altered the import tax burden, making duty moves an important driver of retail gold rates. 

GST and Official Tax Treatment

GST is applied to gold transactions and making charges in India, adding a fixed tax layer that retailers must include in consumer prices. Regulatory or tax clarifications published by industry bodies and tax authorities therefore influence the final tag shown by jewellers across Odisha. 

Local Premiums & Making Charges

After the national landed cost is calculated, local dealers add premiums to cover transport, insurance, storage and working capital; jewellers then add making/wastage charges and margins. Those local add-ons explain small city-to-city differences between places such as Bhubaneswar and Cuttack. 

Domestic Demand Patterns

Seasonal buying (weddings, festivals like Akshaya Tritiya) and shifts between jewellery, ETFs and Sovereign Gold Bonds change local demand and can temporarily raise premiums or slow sales. Broader investor demand and central-bank buying also affect global prices, which in turn alters what consumers in Odisha pay. 

Gold prices in Odisha maintained an overall rise in 2025, with a decent margin of hike between the first and the end of the month. Although prices varied daily, the average showed an overall increase from gold rates in October, with peak prices around mid-month and higher rates towards month-end. 

Gold Prices on 1st Nov 2025

• 22 Karat Gold: ₹11,275 per gram
• 24 Karat Gold: ₹12,300 per gram

Gold Prices on 30th Nov 2025

• 22 Karat Gold: ₹11,900 per gram
• 24 Karat Gold: ₹12,982 per gram

Highest Gold Price in Nov 2025

The highest recorded price of gold during the month was on 29th November 2025: 

• 22 Karat Gold: ₹11,900 per gram
• 24 Karat Gold: ₹12,982 per gram

Lowest Gold Price in Nov 2025

The lowest recorded price of gold during the month was on 5th November 2025: 

• 22 Karat Gold: ₹9,180 per gram
• 24 Karat Gold: ₹9,915 per gram

Overall Performance

Gold prices in Odisha showed a decent rise across the month of November 2025, with a percentage increase of 5.54% for 22 Karat gold and 5.56% for 24 Karat gold.

Gold prices in Odisha maintained their upward momentum in October 2025, showing a steady increase over the month. Both 22 Karat and 24 Karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 31st of October.  

Gold Prices on 1st Oct 2025

• 22 Karat Gold: ₹9,250 per gram
• 24 Karat Gold: ₹9,980 per gram

Gold Prices on 31st Oct 2025

• 22 Karat Gold: ₹9,420 per gram
• 24 Karat Gold: ₹10,165 per gram

Highest Gold Price in Oct 2025

The highest recorded price of gold during the month was on 18th October 2025: 

• 22 Karat Gold: ₹9,520 per gram
• 24 Karat Gold: ₹10,260 per gram

Lowest Gold Price in Oct 2025

The lowest recorded price of gold during the month was on 5th October 2025: 

• 22 Karat Gold: ₹9,180 per gram
• 24 Karat Gold: ₹9,915 per gram

Overall Performance

Gold prices in Odisha showed a steady upward movement throughout October 2025, with a percentage increase of 1.84% for 22 Karat gold and 1.86% for 24 Karat gold. 

Gold prices in Odisha continued their upward trend in September 2025, showing a moderate increase over the month. Both 22 Karat and 24 Karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 30th of September. 

Gold Prices on 1st Sept 2025

• 22 Karat Gold: ₹9,120 per gram
• 24 Karat Gold: ₹9,845 per gram

Gold Prices on 30th Sept 2025

• 22 Karat Gold: ₹9,310 per gram
• 24 Karat Gold: ₹10,040 per gram

Highest Gold Price in Sept 2025

The highest recorded price of gold during the month was on 22nd September 2025:

• 22 Karat Gold: ₹9,385 per gram
• 24 Karat Gold: ₹10,120 per gram

Lowest Gold Price in Sept 2025

The lowest recorded price of gold during the month was on 6th September 2025:

• 22 Karat Gold: ₹9,080 per gram
• 24 Karat Gold: ₹9,810 per gram 

Overall Performance

Gold prices in Odisha displayed a moderate upward trend through September 2025, registering a percentage change of 2.08% for 22 Karat gold and 1.98% for 24 Karat gold.

Gold prices in Odisha continued their upward trend in August 2025, showing a moderate increase over the month. Both 22 Karat and 24 Karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 31st of August. 

Gold Prices on 1st Aug 2025

• 22 Karat Gold: ₹8,990 per gram
• 24 Karat Gold: ₹9,710 per gram

Gold Prices on 31st Aug 2025

• 22 Karat Gold: ₹9,140 per gram
• 24 Karat Gold: ₹9,865 per gram

Highest Gold Price in Aug 2025

The highest recorded price of gold during the month was on 19th August 2025: 

• 22 Karat Gold: ₹9,220 per gram
• 24 Karat Gold: ₹10,000 per gram

Lowest Gold Price in Aug 2025

The lowest recorded price of gold during the month was on 7th August 2025:

• 22 Karat Gold: ₹8,900 per gram
• 24 Karat Gold: ₹9,620 per gram

Overall Performance

Gold prices in Odisha showed a mild upward movement throughout August 2025, with a percentage increase of 1.66% for 22 Karat gold and 1.59% for 24 Karat gold.