Gold, silver down: Check new rates in Bhubaneswar, Cuttack on June 18

Amid the fluctuation in gold and silver rates across the country, the price for 24-carat gold per 10 gram has reached Rs 52,500 on Saturday in twin cities of Bhubaneswar and Cuttack with a fall of Rs 200 from yesterday’s price.

For 23-carat, the price of 10 grams of yellow metal is Rs 50,700 while the rate of 22-carat gold has reached 49,600. Similarly, the rate of 20, 18 and 14-carat gold remained at Rs 44,800, Rs 40,600 and Rs 32,200 respectively, while pure Ginni (gold coin) is being traded at Rs 40,900.

On the other hand, one kilogram of silver is being sold at Rs 63,400 (With GST) in Bhubaneswar.

Notably, the price of gold varies for different regions based on certain parameters such as the excise duty, making charges and the state taxes.