Over the month of September, the precious yellow metal witnessed some fluctuations in its price and displayed an overall decline in its performance. The gold price in Odisha opened the month of September standing at the rate of Rs.5,035 per gram.Trend of Monthly Gold Rate in Odisha for September 2022 There have been reports of many customers putting off their plans to buy the yellow metal in anticipation of a further drop in gold rates. Gold is widely used during festive occasions and weddings with jewellery stores displaying a variety of traditional designs. Given that India imports almost all of its Gold, port towns in Odisha tend to have slightly lower Gold prices compared to cities. A survey conducted by GSI, few years ago, revealed presence of gold in several districts in Odisha, namely, such as Mayurbhanj, Koraput, Malkangiri and Nabarangpur. We accept no liability for any loss arising from the use of the data contained on this website. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. *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. The government of India raises import duties on the yellow metal to reduce the current account deficit.
Gold rate in Odisha depend on the several factors, including but not limited to, quantum of India’s gold imports, supply, demand and price fluctuations in world markets among others.
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