Gold, silver rates hiked in Odisha: Check latest rates of precious metals in twin cities

Amid the fluctuation in gold and silver rates across the country, the price for 24-carat gold per 10 gram reached Rs 51,900 on Saturday in twin cities of Bhubaneswar and Cuttack.

For 23-carat, the price of 10 grams of yellow metal jumped to Rs 50,100 while the rate of 22-carat gold reached 49,000. Similarly, the rate of 20, 18 and 14-carat gold remained at Rs 44,300, Rs 40,100 and Rs 31,800, respectively. 

Pure Ginni (gold coin) was being traded at Rs 40,400 on Saturday.

Meanwhile, gold is being traded at Rs 5,180 per gram (GST 995) and at Rs 5,160 (Cash 995) in Cuttack.

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

On the other hand, one kilogram of silver is being sold at Rs 57,600 (With GST) in Bhubaneswar, following an increase of Rs 800 from Friday’s price of Rs 58,400.

The rates of gold and silver may vary as per MCX and from dealer to dealer.

In global markets, gold fell to its lowest in two weeks as a stronger dollar makes bullion more expensive for buyers holding other currencies. Spot gold dipped to $1,835.28 per ounce.