Gold prices in Odisha have skyrocketed to an all-time high, exceeding Rs 96,000 per 10 grams, leaving buyers and investors stunned.
The price of 24-carat gold surged by Rs 990 to reach Rs 96,170 per 10 grams, while 22-carat gold, widely used in jewellery, saw a Rs 950 jump to Rs 88,150 per 10 grams.
Despite a brief decline of Rs 500 per 10 grams in the past days, market analysts believe gold prices are poised to cross Rs 1 lakh soon. Economic expert Trinath Lenka attributes this surge to fluctuating international market trends and currency exchange rates.
Gold continues to be a vital asset in India, both culturally and economically. Even as prices soar, demand remains strong, particularly with wedding and festival seasons approaching. Odisha’s gold market reflects the broader global trends, making this price hike a significant development for investors and buyers alike.
