Gold Price Today : Gold Rates Fall Sharply During The Festive Season, Check Today’s Latest Price.

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Gold Price Today : As the festive season gains momentum across India, particularly with Diwali around the corner, a significant drop in gold prices has been observed in various parts of the country. This dip in prices comes as a pleasant surprise to buyers who were waiting for the right time to invest in gold. In the Indian context, especially in states like Uttar Pradesh, the festival of Diwali, along with Dhanteras, holds deep cultural and financial importance. Purchasing gold during these days is considered highly auspicious, and many people prefer to buy gold jewelry, coins, or bars as part of traditional customs.

This year, the bullion market is witnessing an interesting trend. While gold prices had been on the rise over the past several weeks, suddenly, a steep decline has been recorded just ahead of the peak of the festive season. This provides a golden window for consumers planning to make purchases. Whether you are buying for personal use, weddings, or investment purposes, it is crucial to know the latest rates before making any decision. Let us take a look at the current prices of gold in different major cities of Uttar Pradesh.

Gold Price Today : City-Wise Gold Rates in Uttar Pradesh (As of Today)

Lucknow

In the capital city of Uttar Pradesh, Lucknow, the price of 24-carat gold is currently ₹129,580 per 10 grams. Meanwhile, the price for 22-carat gold stands at ₹118,790 per 10 grams.

Noida

In Noida, which is part of the National Capital Region and a major commercial hub, 24-carat gold is priced at ₹129,850 per 10 grams, whereas 22-carat gold is selling at ₹118,791 per 10 grams.

Ghaziabad

In Ghaziabad, another prominent city of western Uttar Pradesh, 24-carat gold is being sold at ₹129,575 per 10 grams, and 22-carat gold is priced at ₹118,789 per 10 grams.

Meerut

Meerut has reported 24-carat gold prices at ₹129,587 per 10 grams, while the rate for 22-carat gold is ₹118,793 per 10 grams.

Ayodhya

The spiritual city of Ayodhya is witnessing 24-carat gold rates at ₹129,575 and 22-carat gold at ₹118,791 per 10 grams.

Gorakhpur

In Gorakhpur, the 24-carat gold rate is ₹129,575, and 22-carat gold is priced at ₹118,791 per 10 grams.

Kanpur

Kanpur, an industrial city in the state, has reported 24-carat gold at ₹129,586 per 10 grams and 22-carat gold at ₹118,796 per 10 grams.

Varanasi

In Varanasi, the holy city also known as Kashi, the price for 24-carat gold is ₹129,579, while 22-carat gold is selling at ₹118,794 per 10 grams.

Agra

Agra, home to the iconic Taj Mahal, has gold rates for 24-carat gold at ₹129,587 and 22-carat gold at ₹118,791 per 10 grams.

Gold Price Today : Silver Prices Remain Strong

While gold has seen a price drop, silver prices have remained strong and are currently trading at ₹188,900 per kilogram. This shows the dual nature of the precious metals market—while gold is experiencing volatility, silver is holding steady and showing signs of demand-driven growth.

Expert Predictions : Will Gold Prices Rise Again?

Despite the current fall in prices, experts suggest that this is only a short-term dip. According to analysts, central banks around the world have continued to purchase gold in large quantities, and ETFs (Exchange-Traded Funds) have also shown renewed interest in the yellow metal. This indicates strong long-term demand for gold.

Experts believe that due to global economic uncertainties, inflation concerns, and geopolitical tensions, gold will continue to be a preferred asset for investors. As a result, the price of gold is expected to bounce back significantly in the near future.

Gold Price Forecast for Dhanteras and Beyond

As Dhanteras approaches, many buyers are looking for the best time to make their purchases. Experts forecast that gold prices could touch ₹1.3 lakh (₹130,000) per 10 grams during Dhanteras if demand spikes and international cues remain favorable.

Moreover, looking ahead to the year 2026, industry analysts are predicting that the price of gold could reach up to ₹1.5 lakh (₹150,000) per 10 grams. This long-term upward trend makes gold not just a traditional purchase during festivals but also a strategic investment option.

Should You Buy Gold Now?

If you are planning to buy gold, this could be an excellent time to do so. Here’s why:

  • Price Correction: The current dip in gold prices offers a rare opportunity to buy at a lower rate.

  • Festive Discounts: Many jewelers offer festive season discounts on making charges or offer freebies.

  • Investment Opportunity: With prices expected to rise in the next 1–2 years, this could yield good returns.

  • Cultural Relevance: Buying gold during Diwali and Dhanteras is not just auspicious but also a deeply rooted tradition.

However, it is crucial to compare prices across cities and jewelers before purchasing. Always insist on certified gold (BIS Hallmarked) and get a proper bill with weight and purity mentioned clearly.

Final Thoughts

This festive season could very well be a game-changer for gold buyers in Uttar Pradesh and across India. With the current dip in prices, consumers have a golden chance to invest wisely. While the markets may remain volatile in the short term, long-term projections suggest a strong rally in gold prices, driven by global demand and economic trends.

Whether you’re a seasoned investor or someone buying gold for traditional purposes, staying informed about real-time prices and market trends can help you make the right decision at the right time.

So, if you’ve been holding off on buying gold, this might be the best moment to act — before the prices take a leap again in the coming weeks or months.

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