Today’s Gold Rate In Uttar Pradesh
|
22-carat gold Rate ₹ 4,200 (Per Gram) |
24-carat gold Rate ₹ 4,491 (Per Gram) |
The current gold rate in Uttar Pradesh is given as follows:
22 Carat & 24 Carat Gold Rate In Uttar Pradesh Per Gram (INR)
| Gold Rate Today | Gold Rate Yesterday | Gold Rate Change(%) | |
| 22 Carat | Rs. 4200 | Rs. 4205 | -0.12% |
| 24 Carat | Rs. 4491 | Rs. 4497 | -0.13% |
Today 24 Carat Gold Rate In Uttar Pradesh (INR)
| Gram | 24 Carat Gold Yesterday | 24 Carat Gold Today | Daily Price |
|---|---|---|---|
| 1 gram | Rs. 4497 | Rs. 4,491 | -0.13% |
| 8 gram | Rs. 35976 | Rs. 35,928 | -0.13% |
| 10 gram | Rs. 44,970 | Rs. 44,910 | -0.13% |
| 100 gram | Rs. 44,97,000 | Rs. 44,91,000 | -0.13% |
Today 22 Carat Gold Rate In Uttar Pradesh (INR)
| Gram | 22 Carat Gold Yesterday | 22 Carat Gold Today | Daily Price |
|---|---|---|---|
| 1 gram | Rs. 4,205 | Rs. 4,200 | -0.12% |
| 8 gram | Rs. 33,640 | Rs. 33,600 | -0.12% |
| 10 gram | Rs. 42,050 | Rs. 42,000 | -0.12% |
| 100 gram | Rs. 42,05,000 | Rs. 42,00,000 | -0.12% |
22 & 24 Carat Gold Rate In Uttar Pradesh for Last 90 Days
| Date | Standard Gold – 22 K | Pure Gold – 24 K | ||
|---|---|---|---|---|
| 1 gram | 8 grams | 1 gram | 8 grams | |
| 2021-03-16 | 4,200 | 33,600 | 4,491 | 35,928 |
| 2021-03-15 | 4,205 | 33,640 | 4,497 | 35,976 |
| 2021-03-14 | 4,205 | 33,640 | 4,497 | 35,976 |
| 2021-03-13 | 4,197 | 33,576 | 4,489 | 35,912 |
| 2021-03-12 | 4,196 | 33,568 | 4,488 | 35,904 |
| 2021-03-11 | 4,196 | 33,568 | 4,488 | 35,904 |
| 2021-03-10 | 4,189 | 33,512 | 4,480 | 35,840 |
| 2021-03-09 | 4,129 | 33,032 | 4,416 | 35,328 |
| 2021-03-08 | 4,169 | 33,352 | 4,459 | 35,672 |
| 2021-03-07 | 4,169 | 33,352 | 4,459 | 35,672 |
| 2021-03-06 | 4,162 | 33,296 | 4,451 | 35,608 |
| 2021-03-05 | 4,141 | 33,128 | 4,429 | 35,432 |
| 2021-03-04 | 4,203 | 33,624 | 4,495 | 35,960 |
| 2021-03-03 | 4,259 | 34,072 | 4,555 | 36,440 |
| 2021-03-02 | 4,231 | 33,848 | 4,526 | 36,208 |
| 2021-03-01 | 4,276 | 34,208 | 4,573 | 36,584 |
| 2021-02-28 | 4,276 | 34,208 | 4,573 | 36,584 |
| 2021-02-27 | 4,274 | 34,192 | 4,571 | 36,568 |
| 2021-02-26 | 4,341 | 34,728 | 4,643 | 37,144 |
| 2021-02-25 | 4,356 | 34,848 | 4,659 | 37,272 |
| 2021-02-24 | 4,374 | 34,992 | 4,678 | 37,424 |
| 2021-02-23 | 4,388 | 35,104 | 4,693 | 37,544 |
| 2021-02-22 | 4,336 | 34,688 | 4,637 | 37,096 |
| 2021-02-21 | 4,334 | 34,672 | 4,635 | 37,080 |
| 2021-02-20 | 4,327 | 34,616 | 4,628 | 37,024 |
| 2021-02-19 | 4,436 | 35,488 | 4,745 | 37,960 |
| 2021-02-18 | 4,436 | 35,488 | 4,745 | 37,960 |
| 2021-02-17 | 4,436 | 35,488 | 4,745 | 37,960 |
| 2021-02-16 | 4,436 | 35,488 | 4,745 | 37,960 |
| 2021-02-15 | 4,436 | 35,488 | 4,745 | 37,960 |
| 2021-02-14 | 4,436 | 35,488 | 4,745 | 37,960 |
| 2021-02-13 | 4,431 | 35,448 | 4,739 | 37,912 |
| 2021-02-12 | 4,445 | 35,560 | 4,754 | 38,032 |
| 2021-02-11 | 4,494 | 35,952 | 4,806 | 38,448 |
| 2021-02-10 | 4,479 | 35,832 | 4,790 | 38,320 |
| 2021-02-09 | 4,474 | 35,792 | 4,785 | 38,280 |
| 2021-02-08 | 4,423 | 35,384 | 4,730 | 37,840 |
| 2021-02-07 | 4,419 | 35,352 | 4,726 | 37,808 |
| 2021-02-06 | 4,416 | 35,328 | 4,723 | 37,784 |
| 2021-02-05 | 4,380 | 35,040 | 4,684 | 37,472 |
| 2021-02-04 | 4,473 | 35,784 | 4,784 | 38,272 |
| 2021-02-03 | 4,484 | 35,872 | 4,796 | 38,368 |
| 2021-02-02 | 4,559 | 36,472 | 4,876 | 39,008 |
| 2021-02-01 | 4,478 | 35,824 | 4,790 | 38,320 |
| 2021-01-31 | 4,478 | 35,824 | 4,790 | 38,320 |
| 2021-01-30 | 4,478 | 35,824 | 4,790 | 38,320 |
| 2021-01-29 | 4,478 | 35,824 | 4,790 | 38,320 |
| 2021-01-28 | 4,478 | 35,824 | 4,790 | 38,320 |
| 2021-01-27 | 4,478 | 35,824 | 4,790 | 38,320 |
| 2021-01-26 | 4,478 | 35,824 | 4,790 | 38,320 |
| 2021-01-25 | 4,478 | 35,824 | 4,790 | 38,320 |
| 2021-01-24 | 4,478 | 35,824 | 4,790 | 38,320 |
| 2021-01-23 | 4,478 | 35,824 | 4,790 | 38,320 |
| 2021-01-22 | 4,478 | 35,824 | 4,790 | 38,320 |
| 2021-01-21 | 4,478 | 35,824 | 4,790 | 38,320 |
| 2021-01-20 | 4,478 | 35,824 | 4,790 | 38,320 |
| 2021-01-19 | 4,478 | 35,824 | 4,790 | 38,320 |
| 2021-01-18 | 4,478 | 35,824 | 4,790 | 38,320 |
| 2021-01-17 | 4,476 | 35,808 | 4,788 | 38,304 |
| 2021-01-16 | 4,481 | 35,848 | 4,792 | 38,336 |
| 2021-01-15 | 4,527 | 36,216 | 4,841 | 38,728 |
| 2021-01-14 | 4,539 | 36,312 | 4,855 | 38,840 |
| 2021-01-13 | 4,530 | 36,240 | 4,845 | 38,760 |
| 2021-01-12 | 4,546 | 36,368 | 4,862 | 38,896 |
| 2021-01-11 | 4,544 | 36,352 | 4,860 | 38,880 |
| 2021-01-10 | 4,544 | 36,352 | 4,860 | 38,880 |
| 2021-01-09 | 4,522 | 36,176 | 4,836 | 38,688 |
| 2021-01-08 | 4,715 | 37,720 | 5,043 | 40,344 |
| 2021-01-07 | 4,679 | 37,432 | 5,005 | 40,040 |
| 2021-01-06 | 4,781 | 38,248 | 5,113 | 40,904 |
| 2021-01-05 | 4,752 | 38,016 | 5,082 | 40,656 |
| 2021-01-04 | 4,647 | 37,176 | 4,970 | 39,760 |
| 2021-01-03 | 4,647 | 37,176 | 4,970 | 39,760 |
| 2021-01-02 | 4,647 | 37,176 | 4,970 | 39,760 |
| 2021-01-01 | 4,633 | 37,064 | 4,955 | 39,640 |
| 2020-12-31 | 4,636 | 37,088 | 4,958 | 39,664 |
| 2020-12-30 | 4,620 | 36,960 | 4,941 | 39,528 |
| 2020-12-29 | 4,621 | 36,968 | 4,942 | 39,536 |
| 2020-12-28 | 4,617 | 36,936 | 4,938 | 39,504 |
| 2020-12-27 | 4,614 | 36,912 | 4,935 | 39,480 |
| 2020-12-26 | 4,614 | 36,912 | 4,935 | 39,480 |
| 2020-12-25 | 4,629 | 37,032 | 4,951 | 39,608 |
| 2020-12-24 | 4,631 | 37,048 | 4,952 | 39,616 |
| 2020-12-23 | 4,612 | 36,896 | 4,932 | 39,456 |
Gold Rate In Uttar Pradesh
In Uttar Pradesh, gold is principally used for investment and jewellery purposes. Also, India is one of the largest buyers of gold globally. Unlike other countries that utilise gold for industrial activities, gold in Uttar Pradesh is essentially an investment tool.
Gold is usually regarded as a comparatively safe investment, notably in times of economic or political scepticism. During calmer times, the price of gold remains constant, while during times of conflict, the price wavers.
How To Invest In Gold?
Gold rates in India vary for different states, and Gold is now mostly purchased by consumers as a buffer against political instability and inflation. Furthermore, several top financial experts advise securing a portion of one’s portfolio to assets, like gold, to reduce total portfolio risk.
ETFs and mutual funds that follow the price of gold are also common, as are gold futures and options if you have access to derivatives markets through your brokerage account. Some organizations do not track gold’s value very well over time, such as gold mining stocks, to indirectly gain access to gold.
How To Purchase Gold?
One of the most intelligent ways to secure your assets is to invest in gold. When purchasing gold, you will need to monitor any potential detail to guarantee that your funds are secure. The gold market is replete with hype; so, if you’re thinking about purchasing gold, follow the given points:
- Check Gold Rates regularly: It’s a smart thing to keep an eye on the gold market daily. This will help you comprehend current market patterns and determine whether now is a suitable time to invest.
- Ensure that the quality of Gold is authentic: 24 Karat gold is 99.9% pure, while 22 Karat gold is 91.6 per cent pure. The quality scale, which is used to determine the purity of gold, is given below:
- The purity of 24 K is 99.9%.
- 91.6 percent pure = 22 K
- 18 K equates to 75% purity.
- 58.5 percent pure = 14 K
- The purity of 10 K is 41.7 per cent.
- Different Varieties of Gold: It is imperative to determine what kind of gold you select to purchase. You may use gold jewellery, gold bars, gold coins, and even gold bars. According to karats, each one will have a different price.
- Hallmark of the Bureau of Indian Standards (BIS): The most reliable way to examine for purity is to look for the Hallmark of the Bureau of Indian Standards (BIS).
How To Buy Gold Coins In Uttar Pradesh
Gold coins are quite common as a gift in Uttar Pradesh, particularly for auspicious activities. It’s also an excellent investment option because gold coins come in various weights, giving investors the option to select according to their budget. Gold coins are available from a variety of jewellers and banks. Gold coins are also available online, but buying from someone who isn’t a licensed jeweller/seller can be risky. When you buy a gold coin, make sure you get a purity certificate. Banks may sell gold coins, but they are not permitted to trade in them, so you may not sell them back to them.
How To Buy Gold Bars
When purchasing any gold, the most important thing to remember is to check current market rates. Gold bars, which are usually held for serious investors, maybe bought from banks and large jewellers. The weight of these bars normally ranges from 500 grams to one kilogram.
How To Sell Gold?
Gold is always in demand in Uttar Pradesh, making it a highly liquid commodity. Most jewellers and pawn shops will buy gold, so selling it is not difficult. However, bear in mind that intricately crafted jewellery can sell for less than you think, as jewellers only pay for the weight of gold, not the design. While many jewellers and pawn shops are willing to buy gold at market prices, some jewellers will pay less than the market price. Before making a decision, it’s a good idea to get quotes from a few different buyers. You must be aware of current market prices and the weight of the gold you want to sell to obtain the best possible price.
It’s always a good idea to sell gold coins and gold bars rather than jewellery because jewellers would give you a better price for them. If you don’t want to sell your jewellery but need money, you can always take out a gold loan against it if you have an emergency. Banks and other non-bank financial institutions (NBFCs) offer competitive interest rates on gold loans. Since your gold is used as collateral, there is very little paperwork needed, and the loan approval and disbursement processes are both simple.
How Much Is Gold Worth?
Gold comes under the category of those rare metals which would never lose their value and quality. Nevertheless, predicting the price of gold and whether it will remain acknowledged as a commodity is unlikely. While gold prices fluctuate constantly, they have historically shown an upward trend.
Factors That Can Affect The Gold Rate in Uttar Pradesh
Some of the main factors that influence the gold rate in Uttar Pradesh are listed below:
Supply and Demand
China and India are the world’s most prominent gold consumers. The production of commodities in a market should be conditioned on demand. As the demand rises and there is a shortage of material, the price of the material rises. The same thing happens for gold. Gold is in greater demand during auspicious festivals and weddings. When the market for gold falls, the price of gold drops as well.
Other Commodities’ Influence
Gold is often linked to the prices of other products, such as copper and crude oil. When there is an irregularity in the exchange of these goods, it affects the economy, resulting in the rise of gold price.
Inflation
Gold is often used to protect against inflation, which is why it is often compared to currencies and why people tend to invest in gold. When the value of a currency decreases, people are more likely to invest in gold to protect themselves from losing money.
Import Costs
Since there are no gold mines in Uttar Pradesh, jewellers must import gold from other states. As a result, the jewellers are obliged to factor in the extra cost into the gold price.
Value of US Dollar
The US Dollar plays an essential role in determining gold’s price. As the US dollar value decreases, gold rises, and people want to invest in gold rather than dollars. The price of gold, on the other hand, will fall as the US Dollar strengthens.
Interest Rates on FDs
As banks pay competitive interest rates on fixed deposits, which are the best savings option instead of gold, the price of gold falls. Gold can’t promise a certain rate of return. As a result, rather than keeping gold for a long time, people tend to get a set annual return.
Measurement Of Gold
Gold is computed in troy ounces or grams (1 troy ounce = 31.1034768 grams).
What is Karat?
The Karat is a unit of gold measurement. The gold weight, on the other hand, is often expressed in troy ounces. The weight of one troy ounce is 31.1034768 grams. 24-karat gold is the purest and most valuable type of gold.
The fineness scale deployed to decide the purity of gold is as given below:
- The purity of 24 K is 99.9%.
- 91.3 percent pure = 22 K
- 18 K equates to 75% purity.
- 58.5 percent pure = 14 K
- The purity of 10 K is 41.7 per cent.
To know more about the Gold Rate in Uttar Pradesh and updates about the gold rates in all other states of India, please visit the Dialabank website.
FAQs about Gold Rate In Uttar Pradesh
✅ What is 916 gold?
916 gold is another name for 22-carat gold. 916 basically denotes the purity of gold in the final product that is 91.6% pure gold in 100-gram gold. The current 22 ct gold price or 916 gold value today is ₹ 43,830.
✅ What is the Difference Between 22k and 24k Gold?
- 24-karat gold – 24-karat gold is also known as pure or 100% gold; this form of gold has no trace of other metals and known to be 99.99% pure gold. This form of gold is superior to 22-karat gold and is slightly more expensive. 24-karat gold bars come with a guaranteed resale due to the high liquidity and demand for gold in the market.
- 22-karat gold – This form of gold is 91.67% pure, and it also contains two parts of alloyed metals like silver and copper. This gold is commonly marketable in ornamental form and is cheaper than 24-karat gold.
✅ Which gold is the best quality?
The best quality of gold is 24-carat gold. The 24-carat gold price today is ₹ 44,830.
✅ What is a hallmark of gold jewellery?
Hallmark indicates the fineness of gold and guarantees its purity. Its use to safeguard the interest of buyers and establish that particular jewellery adheres to international standards. Whenever you buy any gold jewellery, make sure it has a hallmark, suggesting its purity.
