Bhubaneswar Gold Prices Surge as Global Markets React to Cooling Inflation
Gold prices in Bhubaneswar continued their upward trend on Thursday, August 13, 2026. According to the latest available city rates, 24-karat gold was priced at ₹15,513 per gram, up by ₹27 from the previous update. 22-karat gold stood at ₹14,220 per gram, a gain of ₹25 per gram compared to the earlier update.
The prices of 18-karat gold also increased, reaching ₹11,635 per gram, with an increment of ₹21 per gram. The changes in gold prices reflect the overall strength in domestic and international bullion markets.
The global market saw gold steadying near a more than two-month high after a rally fueled by cooling US inflation reduced expectations of an interest-rate hike by the Federal Reserve at its September meeting. Spot gold was little changed at $4,408.55 per ounce in early Thursday trade, while US gold futures for December delivery stood near $4,467 per ounce.