Will gold be cheaper after crossing 1 lakh? Learn the price of 27 April 2025 in UP

Gold prices continue to be upset: Will gold be cheaper after crossing 1 lakh? Learn the price of 27 April 2025 in UP
Gold prices continue to be upset: Will gold be cheaper after crossing 1 lakh? Learn the price of 27 April 2025 in UP

Gold prices have been seen in amazing fluctuations for the last few days. Sometimes prices are touching the sky and sometimes coming down. It is being said that due to the ongoing trade war (tariff war) between the US and China, gold caught such a pace that on Thursday, the price of gold in the futures market had also crossed a record level of Rs 1 lakh per 10 grams, although it also declined after that.

Today, that is, on 27 April 2025, there has been no major reshuffle in the price of gold, prices remain almost stable. But market experts believe that this peace can be temporary and an atmosphere of uncertainty will remain in the market.

What is the latest gold rate in Uttar Pradesh?

If you are making up your mind to buy gold in Uttar Pradesh, then it is important to know that here too, a slight difference and fluctuations are being seen in the prices of the city. Let’s know what gold prices are running in some major cities and other places of UP today (27 April 2025) (these prices are 10 grams per 10 grams and can vary depending on local tax/making charge):

  • Lucknow: ₹ 98,340 (24 carat)

  • Kanpur: ₹ 95,600 (24 carat)

  • Varanasi: ₹ 98,559 (24 carat) / ₹ 90,359 (22 carats)

  • Meerut: ₹ 98,240 (24 carats)

  • Allahabad (Prayagraj): ₹ 99,755 (24 carats)

  • Jhansi: ₹ 99,755 (24 carats)

  • Hapur: ₹ 100,802 (24 carat)

  • Pathia (potential): ₹ 100,631 (24 carats) – Note: ‘Pathia’ may be the name of a local area, please confirm while purchasing.

(Other major cities)

  • Chandigarh: ₹ 101,519 (24 carats)

  • Jaipur: ₹ 102,475 (24 carat)

(Note: Prices above can cause discrepancy as the original article describes different average rates for UP. City-wise rates can give more specific indications.)

Why is the price of gold upheaval upheaval?

Experts say that the season of weddings is coming and at the same time factors like trade war running internationally are causing this sharp ups and downs in the price of gold. Interestingly, while prices are showing a rise in prices in the futures market, the prices have become slightly soft in the domestic bullion market, which can be a matter of relief for those who buy gold directly. There is a lot of movement about gold in foreign markets too.

Can gold be cheaper by ₹ 56,000?

This question is in everyone’s mind nowadays. Given the recent events and economic conditions around the world, many experts in the gold market are assuming that gold prices may be seen further in the coming few months. If this period of decline continues, then there is a possibility that the price of gold can also go up to ₹ 56,000 per 10 grams.

Therefore, if you are planning to buy gold or invest in it, it can be beneficial to closely monitor the market move and wait for the right opportunity.