Gold rate today in Odisha
The 24 carat gold rate in Odisha is ₹ 122,871 per 10 grams and ₹ 12,287 per gram at the state benchmark. 916 (22 carat), the grade most jewellery is made from, is ₹ 112,632 per 10 grams.
In pavan terms — the unit most of southern India actually buys in — one pavan of 916 gold is ₹ 90,105 and one pavan of 24 carat is ₹ 98,297. A pavan is 8 grams.
The Odisha gold market
Bhubaneswar and Cuttack anchor the state trade. The filigree tradition sustains demand for very fine wire work, which sits alongside conventional jewellery retail.
Raja, Durga Puja and the wedding season shape the calendar.
Buying gold in Odisha
On filigree work, labour dominates the price — the metal can be a minority of what you pay. Price the workmanship separately from the gold.
Beyond that, the same four questions apply anywhere: the metal rate for the exact karat, the making charge, the wastage percentage, and the tax — each as its own number. A single all-in price cannot be compared against anything.
The background, in one place
- How gold rates are decided — spot, exchange rate, import parity and premium, with live numbers at each step.
- 22K vs 24K — every lower grade is a fixed fraction of the 24 carat price, and the guide shows the arithmetic.
- What 916 means and what a pavan is — the two terms this market trades in.
- Making charges and wastage — where two quotes on the same rate actually diverge.
- Verifying a hallmark — what the stamps guarantee, and what they do not.