Gold Prices In Lucknow Today: Market Sentiment And Regional Trends

Because global gold is priced in US dollars, any shift in the rupee-dollar exchange rate has a direct impact on how much buyers in cities like Lucknow end up paying.

As the second-largest gold consumer in the world after China, India’s gold demand is overwhelmingly import-driven.

Source : PTI

Gold rates in Lucknow today continue to reflect stable movement, in line with trends observed across other key Indian cities. The price for 22-karat gold stands at Rs 9,155 per gram, while 24-karat gold, commonly referred to as 999 gold, is being traded at Rs 9,986 per gram.

As the second-largest gold consumer in the world after China, India’s gold demand is overwhelmingly import-driven. Recycled gold forms only a minor portion of the domestic supply. Because global gold is priced in US dollars, any shift in the rupee-dollar exchange rate has a direct impact on how much buyers in cities like Lucknow end up paying.

Key Influences on Domestic Gold Pricing

In addition to international pricing, gold rates in India are subject to several domestic cost elements. These include import duties, Goods and Services Tax (GST), and state-level taxes that contribute to the final retail price. Such factors ensure that while international benchmarks guide broad movements, local charges play a defining role in the rates seen at jewellery stores in cities like Lucknow.

Gold is widely viewed as a reliable store of value and a traditional hedge against inflation. Yet, its pricing does not exist in a vacuum. Broader macroeconomic indicators such as global bond yields and risk sentiment can affect demand patterns, which in turn reflect in daily gold prices.

Gold Rates Across Major Indian Cities

Here is a look at the latest gold prices across 10 major Indian cities:

• Lucknow: Rs 9,155 (22K), Rs 9,986 (24K)

• Delhi: Rs 9,155 (22K), Rs 9,986 (24K)

• Chennai: Rs 9,140 (22K), Rs 9,971 (24K)

• Bengaluru: Rs 9,140 (22K), Rs 9,971 (24K)

• Mumbai: Rs 9,140 (22K), Rs 9,971 (24K)

• Pune: Rs 9,140 (22K), Rs 9,971 (24K)

• Kolkata: Rs 9,140 (22K), Rs 9,971 (24K)

• Ahmedabad: Rs 9,145 (22K), Rs 9,976 (24K)

• Hyderabad: Rs 9,140 (22K), Rs 9,971 (24K)

• Indore: Rs 9,145 (22K), Rs 9,976 (24K)

Gold’s Role Remains Unshaken Amid Market Shifts

The firmness in both 22K and 24K gold prices underlines the metal’s continued relevance as an investment and cultural asset. In Lucknow, as across India, households continue to view gold as a trusted vehicle for long-term savings, wealth preservation, and festive or matrimonial significance.