Today’s gold rate in Puri is shaped by factors such as international bullion prices, exchange rate fluctuations, import duties, and local market demand. Since gold prices directly influence the value of gold jewellery and coins, changes in the rate can also affect the amount available against a gold loan. Understanding these drivers can help you better evaluate gold price movements and their impact.
Gold Rate Today in Puri
In summary
- Check the gold rate in Puri today before buying gold, investing, or applying for a gold loan.
- Gold rates are available for 18K, 22K, and 24K purity levels and are updated daily.
- Gold prices in Puri are influenced by international gold prices, the USD-INR exchange rate, import duty, GST, and local demand.
- A higher gold price can increase the value of your eligible gold loan against the same quantity of gold.
This page provides today's gold rate in Puri, historical price trends, key factors affecting gold prices, and information to help you make informed gold investment and borrowing decisions.
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How gold price is calculated in Puri
The today gold price in Puri is calculated through a series of steps, beginning with the international gold price and ending with the final retail price. Here's how it works:
- International gold price: Gold is traded globally in US dollars per troy ounce. This serves as the base price.
- Currency conversion: The international price is converted into Indian rupees using the prevailing USD-INR exchange rate. A weaker rupee generally increases gold prices in India.
- Gold purity: The price is calculated per gram and adjusted according to purity. For example, 24K gold is 99.9% pure, while 22K gold is 91.6% pure.
- Import duty: Since India imports most of its gold, the applicable import duty is added to the base price.
- GST: A 3% GST is levied on the value of gold, while making charges attract 5% GST.
- Making charges: Jewellers add making charges and their own margin, which vary depending on the design and seller.
Most jewellers and lenders use the daily benchmark published by the Indian Bullion and Jewellers Association (IBJA) as the reference gold price. As a result, gold rates remain broadly consistent across Puri, while making charges and jeweller margins account for most of the price differences.
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Historical gold rate in Puri and past trends
Gold prices in Puri have generally increased over the years, despite short-term market fluctuations. Tracking historical gold rates can help you understand long-term price trends and make informed decisions when buying gold, investing, or applying for a gold loan.
| Year | 24-carat gold price per 10 grams |
|---|---|
| 2025 | Rs. 1,05,000 to Rs. 1,30,000 |
| 2024 | Rs. 77,000 |
| 2023 | Rs. 65,000 |
| 2022 | Rs. 52,000 |
| 2021 | Rs. 47,000 |
| 2020 | Rs. 48,000 |
| 2019 | Rs. 35,000 |
| 2018 | Rs. 31,000 |
| 2017 | Rs. 29,000 |
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Key factors that influence gold rates in Puri
Several factors decide today's gold rate in Puri, and most of them shift daily. Understanding these can help you plan your next gold purchase or gold loan with more confidence.
- International gold prices: Gold trades globally in US dollars. When global prices move, the gold price in Puri usually follows the same direction.
- USD-INR exchange rate: India imports most of its gold. A weaker rupee makes gold costlier here, even if global prices stay flat.
- Import duty and GST: Import duty, along with 3% GST on gold value and 5% GST on making charges, adds directly to the final price.
- IBJA benchmark rate: Jewellers and lenders in Puri use the daily benchmark published by the India Bullion and Jewellers Association as their reference point.
- Local demand: Festivals, weddings, and the harvest season in Odisha often push up demand, which can raise local prices.
- Global market sentiment: During uncertain times, investors turn to gold as a safe asset, which can push prices higher.
Make informed borrowing decisions. Check your gold loan eligibility and understand the loan amount you may qualify for.
What is the difference between 18K, 22K, and 24K gold?
Karat tells you how much pure gold a piece contains. The higher the karat, the more gold it holds, and the higher its price. This is why the 22 carat gold rate in Puri differs from the 24 carat Puri gold price. 22K gold balances purity with strength, making it the top choice for jewellery, while 24K, though the purest, is too soft for daily wear and better suited for coins and bars.
| Parameter | 18K Gold | 22K Gold | 24K Gold |
|---|---|---|---|
| Purity | 75% | 91.6% | 99.9% |
| Strength | Highest | High | Lower |
| Common use | Designer jewellery | Traditional jewellery | Coins and bars |
| Price | Lowest | Higher | Highest |
Methods to verify gold purity in Puri
Understanding gold purity is crucial to ensure authenticity. In Puri, jewellers use several techniques to check gold purity:
- Karat meter: This is a popular electronic device used to measure the purity of gold by analysing its composition.
- Acid test: A traditional method where different acids are applied to the gold to test its reaction and ascertain its purity level.
- XRF Spectrometry: A modern, non-destructive technique that uses X-ray fluorescence to determine the metal composition of gold.
- Touchstone method: Involves rubbing the gold item on a touchstone and using a reference sample to compare the marks.
- Fire assay: The most accurate method, though less commonly used for consumer checks, involves melting the gold and separating it from impurities.
- BIS hallmarking: An official mark that certifies the purity of gold, ensuring it meets the standards set by the Bureau of Indian Standards (BIS).
Pro tip: Know how much you can borrow on your gold asset, check your gold loan eligibility instantly for a smooth and transparent process.
How to calculate gold value in Puri?
You only need three details to work out what your gold is worth using today's gold rate in Puri:
- Weight of your gold, in grams
- Purity: 18K, 22K, or 24K
Today's applicable gold rate per gram
Formula: Gold value = Gold weight × Gold rate per gram
For example, if you own 50 grams of 22K gold and today's rate is Rs. 12,826 per gram:
50 × Rs. 12,826 = Rs. 6,41,300
This gives you an approximate market value. The final loan amount offered against your gold also depends on the applicable LTV ratio and gold purity.
How do gold rates influence gold investments?
Today's gold price in Puri has a direct effect on the value of your gold investments. When prices rise, the value of physical gold, Gold ETFs, and Sovereign Gold Bonds usually goes up too. When prices fall, their value can decline as well. Each investment option works a little differently, but all of them move in line with the underlying gold price.
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How does the gold price in Puri today affect your gold loan amount?
Today's gold price in Puri plays an important role in deciding your eligible gold loan amount. When gold prices are higher, the same quantity of gold may help you qualify for a higher loan amount. If gold prices fall, the eligible loan amount may also reduce. The final loan amount depends on your gold's purity, weight, the applicable LTV, and the lender's valuation process.
What decides your eligible loan amount?
Your eligible gold loan amount depends on the value of your pledged gold at the time of assessment. During the valuation process, the lender considers several factors to determine how much you can borrow.
- Gold weight: The weight of your eligible gold jewellery or coins.
- Gold purity: The purity of the pledged gold influences its assessed value.
- Applicable gold rate: The gold rate on the day of assessment is used for valuation.
- Loan-to-Value (LTV) ratio: The applicable LTV varies based on the loan amount.
Only the pure gold content is considered during valuation. Stones, enamel, and other non-gold components are excluded. The final loan amount is based on the applicable LTV, actual gold purity, and the lower of the previous day's closing price or the 30-day average closing price published by IBJA or a SEBI-regulated commodity exchange. To understand the borrowing cost, check the gold loan interest rate.
The loan amount is determined using the applicable LTV ratio, which varies by loan size. To know more, click here.
Gold loan: what you should know before applying
With Bajaj Finance, you can borrow from Rs. 5,000 to Rs. 2 crore against your gold jewellery, ornaments, and gold coins. The gold loan interest rate starts from 9.50% per annum.
Jewellery and ornaments are accepted between 18K and 22K purity. Gold coins are accepted up to 24K purity. Your gold is stored in secure vaults with insurance cover for the entire loan duration.
Here are a few important things to know before you apply:
- Your eligible loan amount depends on the purity and weight of the pledged gold rather than its purchase price.
- Bajaj Finance determines the gold value using the lower of the previous day's closing price or the 30-day average closing price published by IBJA or a SEBI-regulated commodity exchange.
- You only need one valid KYC document, such as an Aadhaar card, Voter ID, passport, driving licence, NREGA job card, or a letter issued under the National Population Register (NPR).
- You can choose to repay the interest monthly, bi-monthly, quarterly, half-yearly, or annually, while repaying the principal amount at the end of the loan tenure.
- There are no foreclosure charges, allowing you to repay and close the loan before the tenure ends without any penalty.
Before applying, use the gold loan calculator to estimate your eligible loan amount or check your gold loan eligibility online to understand how much you can borrow based on today's gold rate, the purity, and the weight of your gold.
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Know about gold rates in Indian States and Union Territories
| Gold rate in Tripura | Gold rate in Chhattisgarh | Gold rate in Bihar |
| Gold rate in Chandigarh | Gold rate in Himachal Pradesh | Gold rate in Haryana |
| Gold rate in Goa | Gold rate in Uttar Pradesh | Gold rate in Telangana |
Know about gold rates in other cities
| Gold rate in Jalgaon | Gold rate in Solapur | Gold rate in Sangli |
| Gold rate in Brahmapur | Gold rate in Bareilly | Gold rate in Navi-Mumbai |
| Gold rate in Hubli | Gold rate in Rajkot | Gold rate in Proddatur |
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Latest RBI updates
Section | Parameter | Applicable Details |
Eligibility Criteria | Gold purity accepted | 18-22 Karat for jewellery and ornaments |
24 karat for gold coins | ||
Eligible collateral types | Gold ornaments, jewellery, and coins | |
Eligible limit for each collateral type | Ornaments | Total pledged weight across all loans must not exceed 1 kilogram |
Gold coins | The total weight of gold coins pledged cannot be more than 50 grams. | |
Gold Jewellery | As per maximum loan amount. | |
Overall exposure limit | The total loan exposure across ornaments, jewellery, and gold coins together must not exceed the maximum loan limit of Rs. 2 crore. | |
Collateral protection
| Any loss, damage, or discrepancy in the quantity or purity of your pledged gold identified during audit, return, or auction will be recorded and promptly communicated to you or your legal heirs. The reimbursement or compensation process, as per company policy and SOP, will be clearly explained. Delays in collateral release due to lender fault will attract compensation of ₹5,000 per day. | |
Gold loan renewal | Renewal parameter | You can request renewal of your gold loan before maturity if it remains in standard status and within permissible LTV limits. This facility is available only to existing customers. For bullet repayment loans, accrued interest must be cleared. Renewals are subject to credit checks, fresh applicable charges, and are not allowed after maturity. |
Gold loan top up | Top up parameter | Top-up is allowed before maturity, subject to regulatory LTV limits, credit assessment, and customer eligibility. Fresh fees and charges apply. Top-up after maturity is not permitted, even if dues are outstanding. Top up facility is available only to existing users. |
LTV (Loan to Value) | For loans up to Rs.2.5 lakh | 85% |
For loans between more than Rs.2.5 lakh to Rs.5 lakh | 80% | |
For loans from more than Rs. 5lakh to Rs. 2 crore | 75% | |
Gold Value | Evaluation parameter | As per the latest guidelines, gold loans are offered against specific purity of gold jewellery, ornaments and gold coins, valued using lower of the average closing price for your gold's specific purity over the last 30 days or the previous day's closing price, as published by IBJA or a SEBI-regulated commodity exchange, within prescribed limits and subject to KYC and timely repayment. |
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Disclaimer
Bajaj Finance Limited (BFL) has the sole and absolute discretion, without assigning any reason to accept or reject any application as per BFL policy. *