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Cuttack Bhubaneswar Platinum Rate Today Odisha

Platinum Price Cuttack Bhubaneswar Odisha
DATERATE 1gRate 8gRate 10g
26 Dec 25₹ 7746₹ 61968₹ 77460
25 Dec 25₹ 7750₹ 62000₹ 77500
24 Dec 25₹ 7745₹ 61960₹ 77450
23 Dec 25₹ 7305₹ 58440₹ 73050
22 Dec 25₹ 7233₹ 57864₹ 72330
21 Dec 25₹ 6961₹ 55688₹ 69610
20 Dec 25₹ 6061₹ 48488₹ 60610
19 Dec 25₹ 6787₹ 54296₹ 67870
18 Dec 25₹ 6756₹ 54048₹ 67560
05 Dec 25₹ 5780₹ 46240₹ 57800


Monthly Platinum Price Revisons

DATERATE 1gRate 8g
01 Dec 25₹ 5733₹ 45864
01 Nov 25₹ 5548₹ 44384
01 Oct 25₹ 5521₹ 44168


Yearly Trend - Platinum Rates

DATERATE 1gRate 8g
01 Jan 24₹ 3613₹ 28904
01 Jan 23₹ 3677₹ 29416
01 Jan 22₹ 3095₹ 24760
01 Jan 21₹ 3394₹ 27152
01 Jan 20₹ 2942₹ 23536
01 Jan 19₹ 2325₹ 18600
01 Jan 18₹ 2471₹ 19768
01 Jan 17₹ 2605₹ 20840
01 Jan 16₹ 2445₹ 19560
01 Jan 15₹ 3236₹ 25888

Platinum rates in Indian Cities

Select CitySelect CitySelect City
Agartala Aizawl Amaravati Vijayawada
Bengaluru Bhopal Chandigarh
Chennai Cuttack Bhubaneswar Dehradun
Faridabad Gandhinagar Gangtok
guwahati Hyderabad Imphal
Itanagar Jaipur Kohima
Kolkata Lucknow Mumbai
New Delhi Panaji Patna
pondicherry Raipur Ranchi
Shillong Shimla Srinagar
Thiruvananthapuram

Platinum Price in Bhubaneswar, Cuttack and Key Cities of Odisha

Platinum price in Bhubaneswar, Cuttack, and other major cities of Odisha is closely monitored by jewelry buyers, investors, and industrial users. Platinum is a rare precious metal, prized for its strength, durability, and corrosion resistance. It is widely used in jewelry, automotive catalysts, medical instruments, and electronics. Limited global supply and growing demand make tracking daily prices essential.

Bhubaneswar serves as the primary reference market for platinum in Odisha, while Cuttack, Rourkela, Sambalpur, and Berhampur generally follow its rates. This article highlights platinum price trends in Bhubaneswar and Cuttack, explains how local pricing is derived, discusses factors influencing rates, provides buying tips, investment insights, and answers frequently asked questions.

Importance of Platinum in Odisha

Platinum demand in Odisha is growing across jewelry, industrial, and healthcare sectors. Bhubaneswar and Cuttack, as major urban centers, drive retail and investment demand. Cities like Rourkela and Berhampur also show increasing interest, especially during weddings and festive occasions.

Platinum is widely used in fine jewelry, automotive applications, medical instruments, and electronics. Reliable logistics and trade networks ensure steady availability across the state.

How Platinum Prices Are Determined in Odisha

Platinum pricing in Bhubaneswar and Cuttack starts with the international platinum spot rate, reflecting global supply and demand. The rate is converted into Indian Rupees using the current USD/INR exchange rate since most platinum is imported. Currency fluctuations directly affect local pricing.

Import duties, GST, insurance, and logistics charges are added to calculate the landed cost. Finally, jewelers and bullion dealers include their margins and making charges. Other cities like Rourkela, Sambalpur, and Berhampur generally follow Bhubaneswar rates, with minor differences due to local demand and operational costs.

Factors Influencing Platinum Prices in Bhubaneswar, Cuttack & Odisha

Seasonal trends and international market volatility also influence short-term price movements.

Platinum Price in Bhubaneswar

Bhubaneswar is the main reference city for platinum in Odisha. Jewelry showrooms and bullion dealers update prices daily based on global trends and local demand. Making charges vary depending on design and craftsmanship.

The city’s retail network and urban population ensure consistent availability throughout the year.

Platinum Price in Cuttack

Cuttack, as another major city, closely follows Bhubaneswar’s platinum rates. Retail demand is steady, especially during festivals, weddings, and cultural events.

Platinum Price in Other Major Cities of Odisha

Rourkela

Rourkela has a developing jewelry market. Platinum prices align with Bhubaneswar rates. Demand rises during festive and wedding seasons.

Sambalpur

Sambalpur shows moderate retail activity. Platinum prices mirror Bhubaneswar benchmarks. Jewelry purchases peak during local festivals and special occasions.

Berhampur

Berhampur’s jewelry market reflects Bhubaneswar pricing trends. Demand is seasonal, increasing during wedding and festival periods.

Balasore

Balasore supports moderate platinum retail activity. Prices follow regional benchmarks. Jewelry purchases increase during cultural events and festivals.

Bhadrak

Bhadrak has steady interest in platinum. Prices align with Bhubaneswar rates. Retail demand peaks during seasonal and wedding occasions.

Investment Perspective on Platinum in Odisha

Platinum provides diversification for investors looking for alternatives to gold and silver. Short-term price fluctuations occur, but long-term industrial demand helps maintain value. Investors in Bhubaneswar, Cuttack, and other cities often prefer platinum coins and bars. Jewelry is also popular for both investment and personal use.

Buying Tips for Platinum in Odisha

Purchasing from reputed jewelers ensures transparency, quality, and safety.

Future Outlook for Platinum Price in Odisha

Platinum demand in Odisha is expected to grow due to rising healthcare, automotive, and electronics industries. Increased awareness and festival-related jewelry purchases will support platinum adoption. Cities like Bhubaneswar, Cuttack, and Rourkela may see stronger demand, while short-term prices will continue to be influenced by global market trends and currency fluctuations.

Frequently Asked Questions

Platinum price in Bhubaneswar, Cuttack, and other major cities of Odisha is influenced by global markets and local demand. Understanding these trends helps buyers and investors make informed decisions.

Find Platinum Rates in Indian States, Cities and Towns in https://gold.todaypricerates.com/platinum-rate-today. Jharkhand, Tripura, Mizoram, Haryana, New Delhi, West Bengal Sikkim,Rajasthan, Andhra Pradesh, Uttar Pradesh, Goa, Madhya Pradesh and Uttarakhand. Find High Purity gold price in Chattisgarh and Odisha Arunachal Pradesh, Jammu And Kashmir and Tamil Nadu. Today's Platinum rates in Gujarat, Bihar, Pondicherry, Meghalaya, Jammu And Kashmir, Assam, Manipur, Himachal Pradesh, Karnataka, Telangana, Chandigarh, Punjab and Nagaland. Also find Platinum rates for Andaman And Nicobar Islands, Kerala and Maharashtra.