Chemical composition, structure, and technological properties have been investigated for metal powder compositions (MPCs) of a new six-component TiAl-based alloy with Gd microadditions: Ti-31.0Al-2.5V-2.5Nb-2.5Cr-0.4Gd, wt.% (Ti-44.5Al-2V-1Nb-2Cr-0.1Gd, at.%). Three MPCs fractions (10–63, 40–100, 80–120 μm) were produced by electrode induction melting and inert gas atomization technique and targeted for the additive synthesis of parts. It is shown that the chemical composition of the MPCs for the main elements corresponds to that of the electrode. In contrast, a 1.5-fold increase of the oxygen content in the MPCs was observed, which is being the result of natural oxidation of powder particles upon air environment due to developed specific surface. It has been determined that the phase composition of the MPCs (γ+α(α2)+β) differs from the equilibrium phase composition of the electrode (γ+α2)+β0/B2) and corresponds to a rapidly quenched metastable state, which indicates high solidification rates in the atomization process, exceeding critical cooling rates of the alloy. The technological properties, specifically the powder flowability, were found to be improved for 40–100 and 80–120 μm fractions, making them applicable for additive synthesis of parts from the studied alloy by selective electron-beam melting method