Key takeaways
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:
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.
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 |
The gold rate in Cuttack changes when global and domestic market conditions change. The gold price today Cuttack can be influenced by several factors:
Changes in gold prices can also affect the value considered for a gold loan. If you are planning to pledge eligible gold jewellery, ornaments or coins, check your gold loan eligibility to understand the amount you may be eligible for.
Gold purity is measured in karats. A higher karat means the gold contains more pure gold, so the rate can vary by purity. Today’s 22 carat gold rate in Cuttack is especially relevant when buying jewellery because 22K gold is commonly used for ornaments.
| 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 |
Checking gold purity before buying or selling can help you know what you are paying for. You can use a few basic checks at home, but a professional test gives a more reliable result.
For an accurate result, get the item tested by a certified jeweller or authorised testing facility. Knowing the purity and weight can also help you understand the gold rate in Cuttack for the relevant karat.
The value of your gold depends on three main factors:
The gold price today in Cuttack can be used along with the weight and purity of your gold to estimate its current value.
Gold value formula: Gold Value = Gold Weight × Current Gold Rate
Suppose a customer in Faridabad owns:
Once you have an estimate of your gold value, you can check your gold loan eligibility to understand the loan amount you may be eligible for against your eligible gold.
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.
The gold rate when your gold is valued affects your eligible loan amount. A higher gold price may increase the value of your gold, while a lower price may reduce the amount you can borrow.
Your gold loan eligibility depends on:
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.
If you are considering a gold loan anywhere in Cuttack, here are the important 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. The gold is stored in secured vaults with insurance cover for the entire loan duration.
Jewellery and ornaments are accepted between 18-22 karat purity, while gold coins are accepted up to 24 karat purity.
A few things worth knowing before you apply for a gold loan:
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.
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The gold price in Cuttack is influenced by several factors, including global gold prices, economic conditions, demand and supply, and currency movements. Changes in international markets can affect domestic gold rates, while local demand during festivals and wedding seasons may also influence prices. The USD-INR exchange rate, import duties and market conditions can further affect the price of gold in Cuttack. Checking the latest rate for the required purity can help you track these changes before buying, selling or pledging gold.
Gold prices in Cuttack have fluctuated in recent months due to changes in international gold prices, the USD-INR exchange rate, inflation and market demand. While short-term price movements are common, gold prices have generally shown an upward trend over the longer term.
Today’s gold rate in Cuttack varies by purity, with separate rates for 18K, 22K and 24K gold. Since gold prices can change daily, checking the latest rate for the required purity can help you make informed decisions when buying jewellery, investing in gold or applying for a gold loan.
You can check the latest gold prices for Bhubaneswar, Cuttack, and other cities in Odisha on the Bajaj Finance website or app. Rates are updated regularly, helping you track 18K, 22K, and 24K gold prices before making a decision.
Gold purchases in Cuttack encompass various factors, including purity, weight, and prevailing market rates like the gold price today in Cuttack. People of Cuttack consider these aspects to make informed decisions, ensuring they acquire genuine, valued gold while staying updated with the city's current pricing trends.
In Cuttack, the choice between 22k and 24k gold depends on personal preferences. Consider checking gold rate today in Cuttack for 22 carat and 24 carat gold to make an informed decision based on both purity and price.
Gold can be purchased from several reputed jewellers in Cuttack. The stores offer a range of options, from gold coins to ornate jewellery, with hallmark certification ensuring purity. Some banks also sell gold coins, although they do not buy them back. Purchasing gold online from trusted jewellers' websites is another option, but it's essential to ensure authenticity by checking for proper certification and reviews. For physical purchases, visiting a certified jeweller is recommended for a reliable and quality-assured gold-buying experience.
When investing in gold in Cuttack, 24-carat gold is considered the best option for purity, especially for long-term investment. This form of gold is available as bars, coins, or in electronic formats such as sovereign gold bonds or gold ETFs. However, for those looking to invest in jewellery, 22-carat gold, also known as 916 gold, is popular for its balance between purity and durability. To ensure maximum value and security, it is recommended to buy hallmark-certified gold and consider current market trends before investing.
To verify the authenticity of 916 hallmarked gold in Cuttack, consumers can visit authorized hallmarking centers or jewellers equipped with karat meters.
Gold purchases in Cuttack are subject to Goods and Services Tax (GST), currently set at 3% of the transaction value. Additionally, the gold loan GST rate may vary based on the prevailing GST rates.
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Bajaj Finance Limited (BFL) has the sole and absolute discretion, without assigning any reason to accept or reject any application as per BFL policy. *
