The gold price in Odisha is $4,500,000,000,000. If you thought you could be a millionaire in a couple of years, here’s a good number of people who have found their house a decade old.
The Indian state of Odisha (in the east of India) has the world’s biggest gold fields and is at the top of the list of countries who have bought gold in the past decade. Odisha is the poorest state in India with only about a quarter of its people earning a living.
If that doesn’t show you that the state of Odisha is the wealthiest in India, you will just have to buy a whole lot more gold. In a state where almost 85 percent of the population is below the poverty line, even a small amount of gold will really make a difference. So if you are in India and haven’t bought any gold yet, now might be a good time.
Sure, it would be nice to have some gold in the hands of the people in Odisha who can’t afford to pay for it, but that’s not the only reason you should get your hands on it. Odisha is also an important mining hub, because of its rich reserves of gold, diamonds, and platinum. Its official mining land sits next to the state’s capital city of Bhubaneswar.
Gold is considered an investment of wealth, so getting it in the hands of the people who are desperate for it is a good way to take out a little of the pressure. So if you are in Odisha and you dont have any gold, now might be a good time to get your hands on some.
Yes. The gold of Odisha is very valuable, with a value of around $5 billion. That is a lot of gold.
The official mining land of Odisha sits next to Bhubaneswar, the state capital. The city is a major industrial hub and home to the state government, the National Green Tribunal, and an airport. Its gold reserves are estimated to be around 5 billion. Gold is considered an investment of wealth and, in the hands of the people who are desperate for it, it can be a quick way to do a little of the pressure.
However, gold is rarely without its price. In Odisha, the price of gold is very closely linked to the price of oil, which is also a major commodity in Odisha. Gold has a very strong link to the local economy in Odisha. It is a major cash crop for the state. Gold is also used to make gold jewellery, and is used in the making of coins.
But how does gold get into the hands of Odisha’s people? The gold is mined from the ore that is found in the state, and the process of mining is not only difficult, but also dangerous. The gold is then transferred to trucks and loaded into the trucks. The trucks then drive to oil refineries and trucks are loaded up again onto the trucks and shipped to the gold refinery.
