Gold Rate In Cuttack Today

  • Today's Gold Rate in Cuttack( 17 Oct 2021 )

    ₹ 4,595
    Today's Gold Rate (22K) per gram

    Compare 22K & 24K Gold Rate In Cuttack (Today & Yesterday)

    Rate Change
    Standard Gold (22 K) ( 1 gram ) ₹ 4,595 ₹ 4,655 ₹ -60 ↓
    Standard Gold (22 K) ( 8 grams ) ₹ 36,760 ₹ 37,240 ₹ -480 ↓
    Pure Gold (24 K) ( 1 gram ) ₹ 4,825 ₹ 4,888 ₹ -63 ↓
    Pure Gold (24 K) ( 8 grams ) ₹ 38,600 ₹ 39,104 ₹ -504 ↓

    Daily Gold Rates

    Date Standard Gold (22 K) Pure Gold (24 K)
    1 gram 8 grams 1 gram 8 grams
    16 Oct 2021 ₹ 4,595 ₹ 36,760 ₹ 4,825 ₹ 38,600
    15 Oct 2021 ₹ 4,655 ₹ 37,240 ₹ 4,888 ₹ 39,104
    14 Oct 2021 ₹ 4,645 ₹ 37,160 ₹ 4,877 ₹ 39,016
    13 Oct 2021 ₹ 4,590 ₹ 36,720 ₹ 4,820 ₹ 38,560
    12 Oct 2021 ₹ 4,590 ₹ 36,720 ₹ 4,820 ₹ 38,560
    11 Oct 2021 ₹ 4,565 ₹ 36,520 ₹ 4,793 ₹ 38,344
    10 Oct 2021 ₹ 4,565 ₹ 36,520 ₹ 4,793 ₹ 38,344
    09 Oct 2021 ₹ 4,565 ₹ 36,520 ₹ 4,793 ₹ 38,344
    08 Oct 2021 ₹ 4,565 ₹ 36,520 ₹ 4,793 ₹ 38,344
    07 Oct 2021 ₹ 4,555 ₹ 36,440 ₹ 4,783 ₹ 38,264

    Gold Rate Trend

    • 7 Days
    • 30 Days
    • 3 Months
    • 6 Months

    *Disclaimer: Bankbazaar makes no guarantee or warranty on the accuracy of the data provided on this site, the prevailing rates are susceptible to change with Market value and provided on an as-is basis. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. We accept no liability for any loss arising from the use of the data contained on this website.

    Gold Price In Cuttack

    Cuttack is perhaps one of the oldest cities in the country, occupying an important position in the history of northern India. A bustling metropolis, today Cuttack is the second largest city of Odisha and has a teeming population. The city was the capital of the Ganga Dynasty and served as a key trading and commerce destination, making it a prosperous and important city. This trade and commerce helped the residents grow their wealth, with gold becoming an integral unit of money and a part of life here.

    Today, gold is viewed as an excellent investment option in the city, with a number of people purchasing it on auspicious occasions. Given the fact that the city does not have local gold production, residents rely on imported gold, which means that international prices have an impact on local gold rates in Cuttack.

    Trend of Gold Rate in Cuttack for April 2020 to June 2020 (per gram of 24 karat gold)

    Factor April May June
    1st Day Rs.4,263 per gram Rs.4,699 per gram Rs.4,799 per gram
    Last Day Rs.4,761 per gram Rs.4,799 per gram Rs.5,005 per gram
    Highest Price Rs.4,846 per gram on 29 April Rs.4,799 per gram on 31 May Rs.5,013 per gram on 25 June and 26 June
    Lowest Price Rs.4,263 per gram from 1 April to 20 April Rs.4,646 per gram on 2 May Rs.4,788 per gram from 8 June to 10 June
    Trend Incline Incline Incline
    Change 11.68% 2.12% 4.29%

    Trend of Gold Rate in Cuttack for January 2020 to March 2020 (per gram of 24 karat gold)

    Factor January February March
    1st Day Rs.4,027 per gram Rs.4,199 per gram Rs.4,303 per gram
    Last Day Rs.4,199 per gram Rs.4,377 per gram Rs.4,263 per gram
    Highest Price Rs.4,251 per gram on 9 January Rs.4,436 per gram on 25 February Rs.4,583 per gram on 7 March
    Lowest Price Rs.4,027 per gram on 1 January Rs.4,160 per gram on 7 February Rs.4,158 per gram on 18 March 2020
    Trend Incline Incline Decline
    Change 4.27% 4.23% -0.92%

    Find Today's Gold Rate in Top Metro Cities

    Today's Gold Rate in Mumbai Today's Gold Rate in Chennai Today's Gold Rate in Bangalore
    Today's Gold Rate in Delhi Today's Gold Rate in Kolkata Today's Gold Rate in Hyderabad

    Gold investment avenues in Cuttack

    Gold is a key component in the Indian way of life, with people considering it auspicious. Most Indian celebrations are incomplete without gold, with gold sales peaking during festivals and weddings. Today, gold is also viewed as an excellent investment option, providing a safety net against market fluctuations, making it popular among the residents here.

    Market trade – New technology has made it possible for people to purchase gold from the comfort of their homes, with E-gold, futures contracts and ETFs providing an avenue to trade in it. Trading in gold comes with an element of risk and individuals should consider it before investing. One can participate in E-gold trade through the National Spot Exchange while gold ETFs can be traded on the Mumbai Stock Exchange.

    Over-the-counter – Over-the-counter purchase of gold remains the most popular form of buying gold, with banks and jewellers across the city offering a number of products for every budget. Gold coins, bars and jewellery are some of the popular means of purchasing gold, with bars and coins typically purchased only as an investment. Gold jewellery can be purchased for different purposes and can be resold, offering liquidity. Well known national jewellery brands have a presence in the city and combined with local jewellers, they provide a plethora of products at different rates. Typically, gold purchased from banks can cost more on account of purity certificates.

    Also Check Gold Price in NearBy Cities of Cuttack

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    Read more on Gold

    News About Gold Rate in Cuttack

    • Gold Rises as Likelihood of Fed Rate Hike Declines

      Gold reached a 3-week high as the possibility of an interest rate hike by the U.S. Federal Reserve looks remote.

      Gold climbed by 1% on Wednesday (8th June, 2016), with spot gold trading at $1,263.81 per ounce while U.S. gold climbed by 1.2% to trade at $1,262.30 per ounce.

      The declining Dollar also contributed to gold prices rising, with the currency falling to a 5 week low against global currencies as speculation of the rate hike being deferred to July spread.

      Market watchers predict gold could rise by up to $20 an ounce over the course of the month if market conditions are favourable, but say this will do little to raise demand for the precious metal.

      Gold reserves in China did not reflect any change but the country’s central bank indicated China would continue purchases in an effort to expand its reserves of forex.

      Demand for gold jewellery continued to be strong in the top three markets, viz. China, India and the U.S.

      9 June 2016

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