Interested in financial products
CreditMantri
Processing

Today Gold Rate In Odisha

Updated on : 19 Mar 2024

gold rate today

22-carat gold Rate

₹ 6,080

(Per Gram)

gold price today

24-carat gold Rate

₹ 6,633

(Per Gram)

22 Carat & 24 Carat Compare Gold Rates In Odisha (Today & Yesterday)

Gold Rate YesterdayGold Rate TodayPrice Change
22 Carat6,0386,08042
24 Carat6,5876,63346

Today 24 Carat Compare Gold Rate In Odisha (Today & Yesterday)

Gram24 Carat Gold Price Yesterday24 Carat Gold Price TodayPrice Change
1 GRAM6,5876,63346
8 GRAM52,69653,064368
10 GRAM65,87066,330460
100 GRAM6,58,7006,63,3004,600

Today 916 KDM Gold Rate In Odisha (Today & Yesterday)

Gram916 KDM Gold Rate Yesterday916 KDM Gold Rate TodayPrice Change
1 GRAM6,0386,08042
8 GRAM48,30448,640336
10 GRAM60,38060,800420
100 GRAM6,03,8006,08,0004,200

Today 22 Carat Compare Gold Price In Odisha (Today & Yesterday)

Gram22 Carat Gold Price Yesterday22 Carat Gold Price TodayPrice Change
1 GRAM6,0386,08042
8 GRAM48,30448,640336
10 GRAM60,38060,800420
100 GRAM6,03,8006,08,0004,200

22 & 24 Carat Gold Rates In Odisha for Last 10 Days (1 Gram)

DatePure Gold - 24 KStandard Gold - 22 K
Mar 18, 2024Rs. 6,038 (-21) Rs. 6,587 (-23 )
Mar 17, 2024Rs. 6,059 (0) Rs. 6,610 (0 )
Mar 16, 2024Rs. 6,059 (-1) Rs. 6,610 (-1 )
Mar 15, 2024Rs. 6,060 (0) Rs. 6,611 (0 )
Mar 14, 2024Rs. 6,060 (25) Rs. 6,611 (27 )
Mar 13, 2024Rs. 6,035 (-39) Rs. 6,584 (-42 )
Mar 12, 2024Rs. 6,074 (-1) Rs. 6,626 (-1 )
Mar 11, 2024Rs. 6,075 (0) Rs. 6,627 (0 )
Mar 10, 2024Rs. 6,075 (0) Rs. 6,627 (0 )
AXIS NEO

Historical Price of Gold Rates In Odisha

Gold Rates22 Carat24 Carat
1 st March rateRs. 5,790 Rs. 6,316
19th March rateRs. 6,080 Rs. 6,633
Highest rate in MarchRs. 6,080 on March 19 Rs. 6,633 on March 19
Lowest rate in MarchRs. 5,790 on March 1Rs. 6,316 on March 1
Over all performanceRisingRising
% Change+5.01%+5.02%
Gold Rates22 Carat24 Carat
1 st February rate Rs. 5,815 Rs. 6,344
29th February rateRs. 5,759 Rs. 6,283
Highest rate in FebruaryRs. 5,830 on February 2Rs. 6,360 on February 2
Lowest rate in FebruaryRs. 5,690 on February 15Rs. 6,207 on February 15
Over all performanceFallingFalling
% Change-0.96%-0.96%
Gold Rates22 Carat24 Carat
1 st January rateRs. 5,855 Rs.6,387
31st January rateRs. 5,800 Rs.6,327
Highest rate in JanuaryRs. 5,875 on January 2Rs. 6,409 on January 2
Lowest rate in JanuaryRs. 5,740 on January 18Rs. 6,262 on January 18
Over all performanceFallingFalling
% Change-0.94%-0.94%

Gold is one of the many precious metals found in the depths of our planet. It has had a very significant place even in the ancient human civilization. Gold has been used in jewellery to make various ornament for religious purposes or for personal use. This yellow metal has had a huge importance in every part of India. Most reports suggest that approximately 11% of the total gold reserves of the world are available in India. Out of these, the majority portion is not in circulation in the market as it is kept safely in the bank lockers.

Why is investing in gold a good option?

There are many investment options that people can choose to invest in. These options can be traditional investment options like bank FDs, PPF, NPS and other government-backed schemes or even dynamic investment options like mutual funds, ETFs, index funds, etc. While the traditional investment options are more stable or risk-free investment options, the latter provides higher returns at comparatively more risk.

Among all the investment options available to investors, gold is an evergreen investment option. There is hardly any chance when the investment in gold can turn negative. Investors of gold can simply invest in this yellow metal and enjoy the benefits of secured investments.

What are the various options to invest in gold?

Earlier, there was only one mode of investment in gold I.e., through ornaments, gold coins, or gold bars. These are the traditional modes of investing in gold that is still favoured by the majority of people in India, especially those who are risk-averse and do not like to invest in dynamic investment products.

Apart from these traditional modes of investing, the other investment options are mentioned below.

Gold ETFs

Gold ETFs are popular investment options for dynamic investors who do not wish to invest in physical gold and deal with the risks associated with it. Gold ETFs let the investor invest in a proportional value of gold without investing in the physical form of gold. Gold ETFs are traded on the stock exchanges and need only a Demat account for investment. The investment in gold ETFs is directly affected by gold prices.

Gold Mutual Funds

Gold mutual funds are another important investment option for investors who are looking to earn high returns from their investment by taking calculated risks. This investment does not require the investors to open a Demat account. The changes in gold prices do not directly impact the gold funds. Another added advantage of gold funds is investment through SIP which makes it an easy investment option even if the investor does not have huge funds that are typically needed for investment in gold jewellery or gold coins and bullions.

Sovereign Gold Bonds

Sovereign gold bonds are the gold bonds issued by the Reserve Bank of India on behalf of the Central Government. Investors can earn nominal interest on their investments. Being backed by the government, these bonds are among the safest forms of indirect investment in gold. The maximum investment that can be made under this type of investment is up to 4 kgs. Investors can invest in these bonds for a maximum period of 8 years with an exit option from the 5th year onwards.

Digital gold

Digital gold is a relatively new segment of investment in gold. Investors can buy small fractions of gold under this type of investment. Investors have the option to buy digital gold in amounts as low as Rs. 10. This investment can be liquidated quickly too within 2 days. Digital gold can be converted to physical gold in the form of gold coins, gold bars or gold jewellery. Investing in digital gold is quite simple and the investor will simply need the laptop and internet access and payment for the gold through an online payment mode. The purity of such gold is 24karat (99.9% purity) and the gold is held in a digital locker.

FAQs of Gold Price Today In Odisha

1. Is gold mined in Odisha?

A. Yes. According to the geological survey, there are approximately 18 sites of gold deposits in Odisha.

2. Aare the golds rates constant?

A. No gold rates are very dynamic in nature and are influenced due to many factors like demand and supply of gold as well as other factors like international gold prices, crude prices, etc.

3. What is the maximum investment that can be made under Sovereign gold bonds?

A. The maximum investment made under Sovereign gold binds is up to 4 kgs.

4. Can a person trade in gold through gold ETFs?

A. Yes. Gold ETFs are an excellent investment option and allow the investor to trade in gold without the hassles of physical investment in the yellow metal.

5. How can a person invest in gold mutual funds?

A. Investment in gold mutual funds can be done easily without any hassles by simply contacting the fund house through their website and making an investment there or by contacting the registered brokers that invest on behalf of the investor.

6. What are the underlying investments of gold ETFs and gold mutual funds?

A. The underlying investments of gold ETFs and gold mutual funds are the physical gold of 99.9% purity and gold ETFs respectively.

7. Is there an exit load in the case of gold ETFs?

A. No. Investors can easily exit the gold ETFs anytime without any charge of exit load.

Gold Rate Odisha - Customer Reviews

5 / 5 (4 Reviews)
14 Jul 2021

Good website - easy to use,

16 May 2021

Good website - easy to use,EXCELLENT

4 Mar 2021

Good website - easy to use,

×Thank you! Your comment will be reviewed and posted shortly.