Today's Gold Rate/Price in Odisha

Trend of Gold Rate in Odisha for October 2025 (rates per gram for 24 karat gold) 

Trend of Monthly Gold Rate in Odisha for October 2025 

1. Initially, the price of 24-karat gold was Rs.11,592 per gram on 1st . 

1. On the last day of the month, the gold price closed at Rs.11,965 per gram. 

1. The highest price of gold in Odisha reached during the month was Rs.12,941 per gram, recorded on 17th. 

1. On the other hand, the lowest price of 24-karat gold observed was Rs.11,513 per gram, on the 3rd. 

1. Gold prices in Odisha increased by 3.21% over the month of October, reflecting an overall upward movement in the market. 

Gold Investment Avenues in Orissa

Over-the-counter - Gold is sold in retail in the form of bullions, coins and jewellery in Odisha. For most consumers in Odisha, Gold is a hedge against inflation. Most investors are view gold as an essential investment. All major cities in Odisha have thinner margins while towns boast of higher margins. Also, there are jewellery associations in every major city, which zero in on the price of the yellow metal twice during a day - at around 10 am and 1600 hours. Jewellery stores in Odisha receive the latest price through sms, following which, the price is displayed on an electronic boards. Some of the major jewellers include Khimji, Menka, Mundra and Lalchand among others.

Market trade - Investors are keen on exploring different options such as gold ETFs. Gold futures contracts are traded in MCX (Multi Commodities Exchange of India). The spot price on the MCX fluctuates depending on supply and demand in the market. Gold futures (August delivery) hit a six-year intra-day low, with a spot price of USD 1,134/ounce on August 7. According to market analysts, several factors including international markets witnessing a weak trend with gold hitting a five-year low this year, coupled with fears of potential US Fed rate hikes is largely responsible for the decline in prices of precious metal futures.