Explorer

Gold Rate in Cuttack Today (8th November, 2024)

City
Cuttack
₹78,229 2,055
Pure Gold Rate
₹77,915 2,047
24 Carat Gold Rate (10 grams)
₹71,781 1,886
22 Carat Gold Rate (10 grams)
₹58,730 1,543
18 Carat Gold Rate (10 grams)
₹45,676 1,200
14 Carat Gold Rate (10 grams)

Today on 8th November, 2024 , the gold rate in Cuttack is ₹77,915 per 10 grams for 24-carat, ₹71,781 per 10 grams for 22-carat and ₹58,730 per 10 grams for 18-carat gold. Stay updated with today's gold rates in Cuttack and neighbouring regions, and also compare them with rates from past days.

Pure Gold
24 Carat
22 Carat
18 Carat
14 Carat

Today Pure Gold Price Per 10 Gram in Cuttack (₹)

Pure Gold Price Today Pure Gold Price Yesterday Change %
₹78,229 ₹80,284 -2.56
Source: IBJA

Today 24 Carat Gold Price Per 10 Gram in Cuttack (₹)

Pure Gold Price Today Pure Gold Price Yesterday Change %
₹77,915 ₹79,963 -2.56
Source: IBJA

Today 22 Carat Gold Price Per 10 Gram in Cuttack (₹)

Pure Gold Price Today Pure Gold Price Yesterday Change %
₹71,781 ₹73,667 -2.56
Source: IBJA

Today 18 Carat Gold Price Per 10 Gram in Cuttack (₹)

Pure Gold Price Today Pure Gold Price Yesterday Change %
₹58,730 ₹60,273 -2.56
Source: IBJA

Today 14 Carat Gold Price Per 10 Gram in Cuttack (₹)

Pure Gold Price Today Pure Gold Price Yesterday Change %
₹45,676 ₹46,877 -2.56
Source: IBJA

Why have gold rates and consumer rates been fluctuating?

Gold rates fluctuate due to changes in international market prices, currency exchange rates, economic indicators, geopolitical events, and supply and demand dynamics.

Last 10 Days Gold Price Changes in Cuttack

Dates 22 Carat Price (₹) 24 Carat Price (₹)
November 08, 2024 ₹71,781 1,886 ₹77,915 2,047
November 07, 2024 ₹73,667 ₹79,963
November 06, 2024 ₹73,667 ₹79,963
November 05, 2024 ₹73,667 ₹79,963
November 04, 2024 ₹73,667 ₹79,963
November 03, 2024 ₹73,667 159 ₹79,963 172
November 02, 2024 ₹73,826 100 ₹80,135 108
November 01, 2024 ₹73,726 ₹80,027
October 31, 2024 ₹73,726 ₹80,027
October 30, 2024 ₹73,726 ₹80,027
Source: IBJA
Updated: 08 Nov, 2024

Which is better, 22K or 24K gold?

22K gold is better for jewellery due to its durability, while 24K gold is better for investment due to its higher purity.

City-Wise Gold Prices in Odisha

Frequently Asked Questions

What is the difference between 22 carat and 24 carat Gold?

Among the various forms of gold available in the market, 22 carat and 24 carat gold stand out prominently. Here are the specifics that differentiate these two types of gold: 22 carat gold contains 22 parts gold and 2 parts other metals like copper or silver The percentage of gold in 22 carat gold is approximately 91.67% 22 carat gold is harder and more durable than 24 carat gold due to the alloyed metals 22 carat gold is commonly used in making jewellery 24 carat gold contains 24 parts pure gold without any other metals mixed The percentage of gold in 24 carat gold is 99.99% 24 carat gold is softer and more malleable than 22 carat gold, making it less suitable for jewellery but ideal for investment purposes such as gold bars and coins

How is gold price decided?

Gold prices are influenced by several factors: Supply and demand: If the demand for gold increases or the supply decreases, the price goes up and vice versa. Central Bank Policies: Central banks hold large reserves of gold, and their buying and selling activities can influence gold prices. Economic Data: Economic indicators such as inflation, interest rates, and currency values impact gold prices. For example, when inflation is high, the demand for gold usually increases as it is seen as a hedge against inflation. Geopolitical Events: Political instability, wars, and other global events can lead to increased demand for gold as a safe-haven asset. Market Speculation: Investor sentiment and speculative trading can also affect gold prices.

What is BIS Hallmark in gold?

BIS hallmarking ensures the authenticity and purity of gold jewelry, providing consumers with confidence in their purchases. The Bureau of Indian Standards (BIS) hallmark is a certification mark that verifies the purity of gold jewellery sold in India. The components of BIS Hallmark includes the BIS Logo, which indicates that the jewellery is BIS certified; Purity/Fineness Grade that denotes the purity of the gold (e.g., 22K916 for 22 carat gold); a unique mark of the BIS-recognised Assaying and Hallmarking Centre that tested the jewellery; a unique identification mark of the jeweller who made the item; and the year of hallmarking represented by a code letter.

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