The gold price today in Cuttack 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 in Cuttack Today
In summary
- Historical gold rates help track long-term price trends and identify suitable opportunities for buying, selling, or investing.
- Gold purity affects pricing, with 24K ideal for investment, 22K for jewellery, and 18K for affordable everyday wear.
- Gold loan eligibility increases when gold prices rise, allowing borrowers to access a higher loan amount against pledged gold.
- Regularly tracking gold rates helps buyers and investors make informed financial and investment decisions.
This page covers today's gold rate in Cuttack, historical price trends, factors influencing gold prices, gold purity, valuation methods and how current gold rates can impact your gold loan eligibility.
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How gold price calculation works in Cuttack
The gold rate you see at a jeweller in Cuttack is calculated through a series of steps, starting with global gold prices and ending with local charges. Here's how today's gold rate is determined:
- International gold price: Gold is traded globally in US dollars per troy ounce, which forms the base price.
- USD to INR conversion: The international price is converted into Indian Rupees using the prevailing USD-INR exchange rate. A weaker rupee increases the domestic gold price.
- Purity adjustment: The per-ounce price is converted into a per-gram rate and adjusted according to purity. For example, 24K gold has 99.9% purity, while 22K gold has 91.6% purity.
- Import duty: Since India imports most of its gold, the applicable import duty is added to the price.
- GST: A 3% GST is charged on the value of gold, while a 5% GST is levied on making charges.
- Making charges and jeweller's margin: The final retail price includes the cost of craftsmanship, design and the jeweller's profit margin.
Most jewellers and lenders in Cuttack use the daily benchmark published by the Indian Bullion and Jewellers Association (IBJA) as the base gold price. Final prices may vary between jewellers due to differences in making charges and profit margins.
Find out the value your gold can unlock. Check your gold loan eligibility for a quick estimate of your eligible loan amount.
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Past trends of gold rate in Cuttack
Gold prices in Cuttack have increased steadily over the years due to global trends and rising demand. Studying past prices helps buyers understand market movements and plan better investments.
| Year | Price (24 Carat per 10 grams) |
| 2025 | Rs. 1,05,000 to Rs. 1,30,000 |
| 2024 | Rs. 77,913.00 |
| 2023 | Rs. 65,330.00 |
| 2022 | Rs. 52,670.00 |
| 2021 | Rs. 48,720.00 |
| 2020 | Rs. 48,651.00 |
| 2019 | Rs. 35,220.00 |
| 2018 | Rs. 31,438.00 |
| 2017 | Rs. 29,667.50 |
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Key factors influencing the gold rate in Cuttack
The method used to calculate gold prices remains the same every day, but the factors influencing the price keep changing. Here are the key factors that affect gold rates in Cuttack:
- International gold prices: Global gold prices form the base of domestic rates. Any rise or fall in international prices directly affects gold rates in Cuttack.
- USD-INR exchange rate: Since India imports most of its gold, a weaker rupee increases the cost of imported gold, leading to higher domestic prices.
- RBI monetary policy: Changes in interest rates and monetary policy can influence investor demand for gold, affecting its market price.
- Local demand: Gold demand often increases during weddings, festivals and traditional celebrations in Cuttack, which may cause slight variations in retail prices across jewellers.
- Global economic conditions: Inflation, geopolitical events and economic uncertainty generally increase demand for gold as a safe-haven asset, while stable conditions may ease prices.
As gold prices in Cuttack respond to global factors, your borrowing capacity may vary. Check your gold loan eligibility now and make an informed decision.
What is the difference between 18K, 22K, and 24K gold?
Gold purity is measured in karats, where higher karats indicate more pure gold.
- 24 carat gold has 99.9% purity and is primarily preferred for investment in gold bars and coins.
- 22 carat gold has 91.6% purity and is commonly used for traditional jewellery.
- 18 carat gold has 75% purity and is commonly used for designer, diamond and everyday-wear jewellery.
| Parameter | 18K Gold | 22K Gold | 24K Gold |
| Purity | 75% | 91.6% | 99.9% |
| Strength | Highest | High | Lower |
Common Use | Designer and diamond jewellery | Traditional jewellery | Coins and investment bars |
| Price | Lowest | Higher | Highest |
Ways to check gold purity in Cuttack
Checking the gold purity is important before buying or selling in the Cuttack gold market. There are a few simple methods that can help you get a basic idea of gold purity, but for exact results, it is best to consult a certified jeweller.
- Hallmark check: Look for the BIS hallmark on gold or stamps that show the purity level.
- Visual inspection: Look for discolouration or signs of fading, which may indicate impurities.
- Magnetic test: Pure gold is not magnetic, so it will not stick to a magnet.
- Nitric acid test: This test uses chemicals and should only be done by a professional.
While these methods provide basic insights, visiting a trusted expert in the Cuttack gold market ensures accurate testing and better buying decisions.
As gold prices in Cuttack respond to global factors, your borrowing capacity may vary. Check your gold loan eligibility now and make an informed decision.
How can you calculate the value of your gold?
The value of your gold depends on three main factors:
- Gold weight
- Gold purity
- Current gold rate
Gold value formula:
Gold Value = Gold Weight × Current Gold Rate
Example: Suppose a customer in Faridabad owns:
50 grams of 22K gold
Current 22K gold rate: Rs. 12,826 per gram
Estimated gold value: 50 × Rs. 12,826 = Rs. 6,41,300
This gives an estimated market value of your gold based on current rates.
Choosing the best gold investment option in Cuttack
Gold rates influence the value of physical gold, Gold ETFs, and Sovereign Gold Bonds (SGBs). Although these investment options differ, their value depends on gold price today in India.
Get an instant estimate of your loan amount by checking your gold loan eligibility. It is quick, secure, and easy.
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How gold prices affect gold loans in Cuttack
The gold rate on the day your jewellery is evaluated plays an important role in deciding your eligible loan amount. A higher gold price may increase the value of your pledged gold, while a lower gold price may reduce your borrowing capacity.
What decides your eligible loan amount?
Your gold loan eligibility depends on:
- Weight of gold
- Purity of gold
- Applicable gold rate
- Loan-to-Value (LTV) ratio
Only the actual gold content is considered during valuation. Stones, enamel work,and other decorative parts are not included.
Lenders calculate the gold value based on applicable regulatory guidelines 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.
Please note, the maximum LTV eligible for a loan depends on the loan amount and cannot be more than the limits given. To know more, click here.
Gold loan: What you should know before applying
If you are considering a gold loan anywhere in Cuttack, here are the essential details to know before you apply.
With Bajaj Finance, you can borrow fromRs. 5,000 to Rs. 2 crore against your gold jewellery, ornaments, or gold coins. The gold loan interest rate starts from 9.50% per annum.
Jewellery and ornaments are accepted between 18K and 22K purity, while gold coins are accepted up to 24K purity. Your gold is stored in secured vaults with insurance cover for the entire loan duration.
A few things worth knowing before you apply for a gold loan:
- Your loan amount is based on the weight and purity of your gold, not what you originally paid for it
- Bajaj Finance uses 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
- Only one valid KYC documents for gold loan such as an Aadhaar card, Voter ID, passport, driving licence, NREGA job card, or letter from the NPR
- You can repay interest monthly, bi-monthly, quarterly, half-yearly, or annually, with the principal or any pending interest settled at the end of the tenure
- There are no foreclosure charges, so you can close the loan early without any penalty
Before applying, use the gold loan calculator to estimate your eligible amount, or check your gold loan eligibility online to understand your borrowing capacity based on today's gold rate in Cuttack, gold purity, and weight.
It takes just 2 steps to check your eligibility for a Bajaj Finance Gold Loan. Enter your mobile number now.
Historical gold rate in Cuttack
Gold prices in Cuttack have increased steadily over the years due to global trends and rising demand. Studying past prices helps buyers understand market movements and plan better investments.
| Year | Price (24 karat per 10 grams) |
| 2025 | Rs. 1,05,000 to Rs. 1,30,000 |
| 2024 | Rs. 77,913.00 |
| 2023 | Rs. 65,330.00 |
| 2022 | Rs. 52,670.00 |
| 2021 | Rs. 48,720.00 |
| 2020 | Rs. 48,651.00 |
| 2019 | Rs. 35,220.00 |
| 2018 | Rs. 31,438.00 |
| 2017 | Rs. 29,667.50 |
These trends show that gold remains a reliable option for long term savings and investment in Cuttack.
Gold rate in Cuttack for different purities
Gold in Cuttack is available in different purities such as 24 carat, 22 carat, and 18 carat. The 24 carat gold is the purest form, with about 99.9% purity, and is mainly used for investment.
The 22 carat gold has 91.6% purity and is widely used for jewellery, while 18 carat gold contains 75% pure gold and is stronger for daily wear and modern designs.
The gold rate in Cuttack varies based on purity, with higher purity gold costing more per gram than lower purity options.
24 carat gold rate in Cuttack
The 24 carat gold rate in Cuttack is an important factor for gold buyers and investors in the city. Known for its high purity and value, 24 carat gold purity is the purest form and is widely preferred for investment. Staying updated on the 24 carat gold rate in Cuttack helps you plan your purchases wisely.
The price changes daily due to factors like international gold rates, local demand, and market trends. Whether you are buying gold or investing, knowing the 24 carat gold rate today in Cuttack helps you make better decisions and get the best value for your money.
22 carat gold rate in Cuttack
When looking for durability and aesthetic appeal in gold jewellery, the 22 carat gold rate in Cuttack holds great importance. Unlike 24 carat gold, 22 carat gold purity has a slightly lower amount of pure gold, which makes it stronger and more suitable for making detailed jewellery pieces.
This type of gold is widely preferred for traditional jewellery because it can hold fine designs well. Understanding the 22 carat gold rate in Cuttack helps buyers choose the right time to purchase. It also ensures that you get good value when buying durable and well designed gold ornaments.
18 carat gold rate in Cuttack
The 18 carat gold rate in Cuttack is important for buyers who want a balance between cost and durability. This type of gold contains 75 percent pure gold mixed with other metals, making it stronger than higher purity gold.
Due to its strength, 18 carat gold is commonly used in modern and lightweight jewellery designs. The 18 carat gold rate in Cuttack is usually lower than 22 carat and 24 carat gold, making it a good option for budget conscious buyers. Checking the latest rates helps you plan your purchase and get better value.
Factors that affect gold rate in Cuttack
If you live in Cuttack and are planning to take a gold loan, it is helpful to understand what influences the loan amount and interest you may get. Here are five key factors that can affect your gold loan in Cuttack:
- Current gold rate in Cuttack
The value of your pledged gold depends on the gold rate on the day you apply. If the price is high, you may get a higher loan amount for the same gold weight. Always check the latest rate before applying. - Purity of the gold
Lenders check the purity of your gold—like 18-22 karat—to decide the value. Higher purity means more loan amount, as purer gold has greater value in the market. - Loan-to-value (LTV) ratio
The RBI has a set LTV cap. Most lenders offer up to 75% of your gold’s market value. So even if your gold is worth more, you will get a loan up to that limit. - Gold weight and form
The total weight of your jewellery and whether it is hallmarked also affects how much loan you can get. Simple gold coins or bangles usually get better evaluation than stone-studded jewellery. - Your repayment plan
Bajaj Finance Gold Loan offers multiple repayment options—monthly, bi-monthly, quarterly, half-yearly, or annual interest repayment against your gold loan. The plan you choose can impact your overall interest outgo and how much you finally pay.
As gold prices in Cuttack respond to global factors, your borrowing capacity may vary. Check your gold loan eligibility now and make an informed decision.
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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. *