Key takeaways
Follow price trends to make more informed decisions about your gold.
The calculation of gold price in Angul is based on the following parameters:
The historical gold price in Angul has mostly kept pace with the general movement of gold prices in India. Although there are some fluctuations at the shorter term due to various factors, gold has proven to be an appreciating asset in the long run.
| 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 |
The gold rate in Angul may be affected by various internal and external factors and may fluctuate in any year. These factors include:
Purity of gold is measured in Karats. The more Karats in gold the more it contains pure gold.
| 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 |
Get a clear idea of your loan value by checking your gold loan eligibility. Fast approval and convenient repayment options await.
Gold purity is an important parameter to look at while buying gold jewelry, investing in gold, or taking a gold loan. The following are some popular gold purity testing methods:
This gold purity testing method will help Angul buyers to know about their gold.
The value of gold depends on three key factors:
Current gold rate
Gold value formula
Gold value = Gold weight × Current gold rate
Example gold value calculation
Suppose a customer in Angul owns:
50 grams of 22K gold
Current 22K gold rate applicable on the day of valuation
The estimated gold value can be calculated by multiplying the gold weight by the prevailing gold rate. This calculation provides an estimate of the current market value of your gold.
If you want to understand how much loan amount your gold may support, the next step is to estimate your gold loan eligibility.
The best option depends on your investment goals. Physical gold offers direct ownership but comes with storage and making charges. Gold ETFs provide easy trading without storage concerns. Sovereign Gold Bonds offer interest along with potential price appreciation, making them a suitable choice for long-term investors seeking convenience and government-backed security.
Gold rates directly affect the value of pledged gold and the loan amount you may be eligible to receive. A higher gold rate can increase the assessed value of the same weight and purity of gold.
The eligible loan amount changes with the daily market rate for gold a higher per-gram rate means a higher eligible loan amount for the same weight and purity.
Gold loan eligibility depends on:
Under gold loan eligibility, the valuation is based only on the intrinsic value of the gold. Stones and other embellishments are not considered.
The final loan amount depends on the eligible LTV, actual gold purity, and the lower of either the previous day's closing price or the 30-day average closing price published by IBJA or a SEBI-regulated commodity exchange. This protects you from a sudden price spike inflating things unrealistically and protects the lender from the opposite.
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.
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 18-22 karat purity. Gold coins are accepted up to 24 karat purity. Your gold is stored in secure vaults with insurance cover for the entire loan duration.
A few things worth knowing before you apply:
Before applying, use the gold loan calculator to estimate your eligible loan amount, or check your gold loan eligibility online to understand your borrowing capacity based on today's gold rate in Angul, the purity of your gold, and its weight.
Want to know how much you may be eligible to borrow based on today's gold rate in Angul? Check your gold loan eligibility online.
| Gold Rate in Imphal | Gold Rate in Palakollu | Gold Rate in Buguda |
| Gold Rate in Kanchrapara | Gold Rate in Kopargaon | Gold Rate in Siliguri |
| Gold Rate in Barshi | Gold Rate in Pinjore | Gold Rate in Bijnor |
Prices of 1 tola gold in Angul are subject to change on a daily basis due to factors such as international gold prices, local demand for gold and even the currency exchange rate. On an average 1 tola of gold is equal
The current price of gold in Angul is determined by various factors. The price at the international gold market is the base price. It is influenced by the demand and supply of gold all over the world. The price of gold is quoted in dollar and hence the exchange rate between INR and USD is another critical factor to determine the current price of
There could be several reasons behind a difference in the price of gold in Angul compared to other cities. Firstly, demand in Angul could differ from other cities, and hence, the demand could increase at some times of the year, leading to higher prices. Moreover, there could be differences in transportation and taxes in each city, making the prices different. Also, the distance from cities with high trading volumes can affect the rate of gold. Hence, there will be price differences in different cities.
For determining the price of 10 grams of gold in Angul, we need to multiply the current gold rate per gram by 10. For obtaining the most up-to-date prices of gold, we need to check the gold rate of Angul either from the jeweller or from reliable websites. This will enable us to know the current trend of gold prices in Angul.
To determine the daily gold rate of Angul, one can visit the Bajaj finance gold rate webpage, which gives the latest prices of 18K, 22K, and 24K gold per gram and per 10 grams.
Gold price in Angul varies each day depending on the gold prices internationally, the exchange rate of INR/USD, import tariffs, taxations, and local demand. Verify today’s gold price per gram in Angul for 18K, 22K, and 24K gold before any transactions involving gold.
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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. *
