Today's Gold Rate/Price in Odisha

Trend of Gold Rate in Odisha for July 2025 (rates per gram for 24 karat gold) 

Trend of Monthly Gold Rate in Odisha for July 2025 

1. In the state of Odisha, the price of 24-karat gold started at Rs.9,660 per gram on 1 July 2025. 

1. On the last day of the month, the price of gold increased to Rs.9,807 per gram, marking the closing rate of gold for July. 

1. The highest price of gold in Odisha observed during the month was Rs.10,038 per gram, recorded on 23rd July 2025. 

1. On the other hand, the lowest price of gold recorded in the month of July was Rs.9,639 per gram, on 9th July 2025. 

1. Gold prices in Odisha increased by 1.25% over the month, reflecting an overall upward trend in the market. 

Historical Gold Price in Orissa

Gold Investment Avenues in Orissa

Over-the-counter - Gold is sold in retail in the form of bullions, coins and jewellery in Odisha. For most consumers in Odisha, Gold is a hedge against inflation. Most investors are view gold as an essential investment. All major cities in Odisha have thinner margins while towns boast of higher margins. Also, there are jewellery associations in every major city, which zero in on the price of the yellow metal twice during a day - at around 10 am and 1600 hours. Jewellery stores in Odisha receive the latest price through sms, following which, the price is displayed on an electronic boards. Some of the major jewellers include Khimji, Menka, Mundra and Lalchand among others.

Market trade - Investors are keen on exploring different options such as gold ETFs. Gold futures contracts are traded in MCX (Multi Commodities Exchange of India). The spot price on the MCX fluctuates depending on supply and demand in the market. Gold futures (August delivery) hit a six-year intra-day low, with a spot price of USD 1,134/ounce on August 7. According to market analysts, several factors including international markets witnessing a weak trend with gold hitting a five-year low this year, coupled with fears of potential US Fed rate hikes is largely responsible for the decline in prices of precious metal futures.