UP: Demand rising amid fluctuating Gold Rates; Price today in some cities

Even if you want to buy gold or silver for the purpose of investment, this piece of news is very important for you.

Lucknow: Amid the daily fluctuation in gold prices, there is a little jump in the prices of gold and silver in the bullion market of Uttar Pradesh today on Friday, reports Dynamite News correspondent.

During this wedding season, before you go out to buy gold ornaments, you'd definitely like to know the latest price. Even if you want to buy gold or silver for the purpose of investment, this piece of news is very important for you.

Latest Gold Rates In UP

Today, the price of 24 carat pure gold in major cities of UP - Lucknow, Noida, Ghaziabad, Meerut, Ayodhya, Gorakhpur, Kanpur, Varanasi and Agra, among other places, has gone up to ₹ 96,650 per 10 grams. At the same time, the price of 22 carat gold has been recorded at ₹ 92,050 per 10 grams.

The price of silver has also jumped. Today silver is selling at ₹ 1,21,000 per kg, which is considered a big increase in recent days.

Why This Increase?

According to experts, this rise in the prices of gold and silver is being seen due to the turmoil in the international markets and the increase in domestic demand. Many factors like trade war fears, the state of foreign markets and the movement of the dollar are responsible for this jump.

Experts believe that while the domestic bullion market sometimes sees a decline, the prices of gold are going up internationally. Apart from this, the price of gold has also increased in the futures market, which may further affect the prices in the coming days.

Beneficial To Invest In Gold

Market experts believe that this time can be beneficial to invest in gold. The current prices may increase further in the future, so it is important to investigate thoroughly before buying.

If You Are Planning...

If you are planning to buy gold, contact the reputed jewelers of the city and confirm the latest price. You can also get information about the latest rate through online websites and apps. Keep in mind that the price of gold may fluctuate every day, so check the rate before buying.

Important: Daily fluctuations in the price of gold are possible. Please reconfirm the rate before buying.