Today’s Gold Rate in Odisha

Odisha has a rich presence of mineral deposits. Presence of gold is seen in many parts of Odisha therefore, majority of people tend to purchase the yellow metal. Odisha has high cultural heritage, therefore many festivals are celebrated in the state and people buy gold in various forms such as coins, gold bullion, jewelry, etc. for such occasions. Things to be noted while purchasing gold:

• Gold comes in two variants: 24k and 22k. These two variants specify the purity of the gold. Rate of gold is dependent on its purity.
• 24 k gold is 99.99% pure. Gold bars are made of the 24 k gold
• 22 k gold has around 92%-95% of purity. 22 k gold is used by jewelers to make ornaments as it is easy to make ornaments out of 22 k gold. So as the 24 k gold is more pure than 22 k gold then it is obvious that there is difference between the prices of the two. 24 k gold is expensive as compared to 22 k gold.