Gold Rates Fall in Bhubaneswar
Gold prices witnessed a decline in Odisha’s capital Bhubaneswar. The price of 24-carat gold dropped by ₹490 per 10 grams to ₹1,55,290, compared to ₹1,55,780 recorded yesterday. Similarly, 22-carat gold fell by ₹450 per 10 grams to ₹1,42,350, down from ₹1,42,800.
Gold Prices in Major Indian Cities
In the financial capital Mumbai, gold prices remained steady, with 22-carat gold priced at ₹1,42,800 per 10 grams and 24-carat gold at ₹1,55,780.
In the national capital New Delhi, 24-carat gold is priced at ₹1,55,930 per 10 grams, while 22-carat gold stands at ₹1,42,950.
Meanwhile, in Chennai, 24-carat gold is priced at ₹1,56,660 per 10 grams, and 22-carat gold at ₹1,43,600.
Market Trend
The slight decline in gold prices offers some relief to buyers and investors. Market experts attribute the fluctuation to global trends, currency movements, and demand-supply dynamics.
Outlook for Buyers
With prices showing minor corrections, this could be a favorable time for consumers planning to invest in gold or purchase jewelry, especially ahead of the upcoming festive and wedding season.