Gold Prices Soar In Lucknow Today, Check City-Wise Trends Across India

Bond yields, central bank actions, and investor outlook on growth prospects impact international bullion markets, which in turn affect Indian pricing.

Delhi’s rates mirrored those in Lucknow, with 22-karat at Rs 9,720 per gram and 24-karat at Rs 10,603.

Source : Freepik

Residents of Lucknow saw gold prices firm up on Monday, with rates climbing in line with a nationwide trend. In the city, 22-karat gold was priced at Rs 9,720 per gram, while 24-karat gold stood at Rs 10,603 per gram. These levels marked some of the highest among major urban centres in India.

Gold remains an indispensable part of Indian households, not only as an investment but also as a symbol of prosperity. With India being the second-largest gold consumer globally, after China, the country relies predominantly on imports to satisfy demand. Recycled gold plays only a minor role in the overall supply chain. Since gold is traded in dollars internationally, any movement in the rupee-dollar exchange rate influences domestic pricing. Import duties, GST, and state-level charges add further layers to the final cost borne by buyers.

Safe-Haven Appeal Amid Global Uncertainty

In Lucknow, as elsewhere, the cultural importance of gold is deeply entrenched. The precious metal is considered auspicious in festivals and weddings, while also serving as a safeguard during uncertain economic times. When inflation rises or stock markets falter, gold traditionally gains favour with investors.

Global market developments also feed into local rates. Bond yields, central bank actions, and investor outlook on growth prospects impact international bullion markets, which in turn affect Indian pricing. Presently, a softer US dollar and speculation around the Federal Reserve adopting a more accommodative stance have lifted gold’s appeal.

City-Wise Price Trends Across India

Nationally, gold prices moved up across most major hubs. Delhi’s rates mirrored those in Lucknow, with 22-karat at Rs 9,720 per gram and 24-karat at Rs 10,603. In Mumbai, Bengaluru, Pune, Hyderabad, and Chennai, gold traded at Rs 9,705 for 22-karat and Rs 10,588 for 24-karat. Ahmedabad posted slightly higher figures of Rs 9,710 and Rs 10,593, while Indore saw Rs 9,710 and Rs 10,591.

At a time when economic risks remain heightened, from trade disputes to slowing growth in advanced economies, gold continues to stand tall as a trusted avenue for wealth protection. For buyers in Lucknow, Monday’s price surge highlights the dual role of the yellow metal — both as a cultural emblem and as a dependable financial refuge.