(OT Webdesk) Bhubaneswar and Cuttack have witnessed a sharp rise in gold prices, impacting local markets and consumer sentiment.
The price of 22-carat gold has increased by ₹500 per 10 grams, while 24-carat gold has risen by ₹540 per 10 grams.
In Bhubaneswar, the rate for 24-carat gold has jumped from ₹98,460 to ₹99,000 per 10 grams, and for 22-carat gold, it has moved from ₹90,250 to ₹90,750 per 10 grams.
Cuttack has seen similar price movements, with 24-carat gold now priced at ₹99,000 per 10 grams, and 22-carat gold reaching ₹90,750 per 10 grams.
Local jewelers report that consumers are hesitant to make purchases amid rising costs. Experts suggest buyers check hallmark certification and monitor price fluctuations to make informed investment decisions.
