Gold prices in Lucknow remained stable on Sunday, aligning with trends across major Indian cities and reflecting investor caution ahead of key global developments. As per Goodreturns, 22-carat gold in Lucknow is priced at ₹9,075 per gram, while 24-carat gold (999 purity) stands at ₹9,898 per gram.
The steadiness comes after a week of strong gains in the precious metals market. Data from the India Bullion and Jewellers Association (IBJA) shows that 24-carat gold rose by ₹1,135 per 10 grams, climbing from ₹95,576 on June 30 to ₹97,021 on July 4. Similarly, 22-carat gold gained ₹1,131, closing the week at ₹96,633 per 10 grams. This surge brings gold's year-to-date return to 26% for 2025.
Silver also witnessed a sharp rise, gaining ₹2,070 per kilogram to settle at ₹107,580. The white metal remains volatile due to supply constraints and speculative momentum, especially after hitting a record high of ₹109,550 per kg in mid-June.
Across Indian metros including Delhi, Mumbai, Bengaluru, and Chennai, gold prices closely mirrored those in Lucknow. With global financial instability and anticipation surrounding the July 9 US tariff deal, gold and silver continue to shine as preferred safe-haven investments.
Gold prices in Lucknow remained flat on Sunday, holding firm at ₹9,075 (22-carat) and ₹9,898 (24-carat) per gram. Despite the day’s stability, prices surged by over ₹1,100 over the past week, reflecting global demand for safe-haven assets amid market uncertainty and a weakening US dollar. Silver also rallied, driven by supply-side concerns and technical buying. Analysts expect the momentum to continue as investors brace for geopolitical and economic shifts.
