Gold Rate Today in Uttar Pradesh

Gold Rate Today in Uttar Pradesh — Complete Guide (14 September 2026)

Today's gold rate in Uttar Pradesh is ₹15,556/gram (24K), ₹14,255/gram (22K), and ₹11,664/gram (18K). 1 Tola (11.6638 grams of 24K gold) costs ₹1,81,442.073 in Uttar Pradesh today. WealthMinty covers gold rates across all 64 cities in Uttar Pradesh.

Gold Purity & Price Comparison in Uttar Pradesh

About Gold in Uttar Pradesh

Uttar Pradesh is one of India's largest gold markets by volume. Varanasi is famous for gold Banarasi saree zari. Lucknow's Chowk area is a traditional gold hub.

Gold Tradition & Culture in Uttar Pradesh

Varanasi is famous for Banarasi gold jewellery and gold zari work. Lucknow has a tradition of Nawabi-style gold ornaments. UP is one of the largest gold consuming states due to its large population.

Best time to buy gold in Uttar Pradesh: Karva Chauth (Oct-Nov), Diwali, Dhanteras, Akshaya Tritiya.

How is the Gold Rate Decided in Uttar Pradesh?

The daily gold rate in Uttar Pradesh is not set by any single jeweller or the state government — it is derived from a transparent, four-step chain that keeps prices almost identical across every city in Uttar Pradesh (Bangalore, Mysore, Mangalore, Hubli, and smaller towns differ by only ₹0–100/gram):

1. International LBMA benchmark: The London Bullion Market Association fixes the global spot gold price twice daily in USD per troy ounce (1 troy ounce = 31.1035 grams). This is the base for gold worldwide, including Uttar Pradesh.
2. USD to INR conversion: The USD price is converted to rupees at the live RBI reference exchange rate. If the rupee weakens against the dollar, gold becomes costlier in Uttar Pradesh even if the international price is flat.
3. Import duty + GST:India imports nearly all its gold, so the government's import duty (currently ~15%, including Agriculture Infrastructure and Development Cess) and 3% GST are added. Together these taxes make up roughly 18% of the retail price you pay in Uttar Pradesh.
4. Local bullion benchmark (IBJA):The Indian Bullion & Jewellers Association (IBJA) publishes a daily wholesale rate thatUttar Pradesh's jewellers follow. Each showroom then adds its making charge (3–25% depending on design) and a tiny local margin for transport and overhead — this is the only reason prices vary slightly between shops and cities.

In Uttar Pradesh, gold is traditionally weighed in Tola (तोला) — 1 Tola = 11.6638grams — though most retail billing today is done per gram. The 24K, 22K and 18K prices you see on this page are our editorial team's indicative daily reference rates for Uttar Pradesh, manually curated from public bullion market data (broadly tracking the IBJA national benchmark). They are refreshed daily and may differ slightly from your local jeweller's quote, which includes making charges and local margins.

Why Uttar Pradesh's rate differs from neighbouring states: Only by a negligible ₹0–50/gram, purely on local transport and dealer margin — there is no separate Uttar Pradesh gold tax. Kerala, Tamil Nadu, Andhra Pradesh andUttar Pradesh all import through the same customs ports, so the underlying landed cost is identical.

Factors Affecting Gold Price in Uttar Pradesh

• International Gold Prices: Uttar Pradesh's gold rate follows global LBMA benchmarks converted to INR.
• USD/INR Exchange Rate: A weaker rupee makes imported gold more expensive in Uttar Pradesh.
• Import Duty & GST: 15% import duty + 3% GST are included in the retail gold price.
• Local Demand: Wedding season and festivals drive up gold demand in Uttar Pradesh. Karva Chauth (Oct-Nov), Diwali, Dhanteras, Akshaya Tritiya.
• Transportation & Dealer Margin: Minor ₹0–100/gram variation between cities in Uttar Pradesh.

Where to Buy Gold in Uttar Pradesh?

You can buy hallmarked 916 gold in Uttar Pradesh from trusted jewellers like Tanishq, Tanishq, PC Jeweller, Kalyan Jewellers, Malabar Gold, Senco Gold, and other BIS-certified gold shops. Buy gold coins, gold bars, and gold jewellery with HUID (Hallmark Unique Identification) number for verified purity. Compare making charges across shops — Tanishq charges 8-25% while local jewellers may charge 5-15%.

Famous gold markets in Uttar Pradesh: Aminabad Lucknow, Sadar Bazaar Agra, Thatteri Bazaar Varanasi, Johri Bazar Kanpur.

Gold Loan in Uttar Pradesh

Banks and NBFCs in Uttar Pradeshoffer gold loans at 7-12% interest per annum. With today's 22K rate at ₹14,255/gram, 10 grams of gold can fetch a loan of approximately ₹1,06,913 (75% LTV). 50 grams of 22K gold can get up to ₹5,34,563.

Top gold loan providers in Uttar Pradesh: Muthoot Finance, Manappuram Finance, Muthoot Fincorp, IIFL Finance, Shriram Finance, State Bank of India (SBI), Punjab National Bank (PNB) (Widespread rural and urban presence), Bank of Baroda.

Gold Demand in Uttar Pradesh

• Demand Level: High
• Capital: Lucknow
• Type: State
• Cities Covered: 64 cities

Tax on Gold Purchase in Uttar Pradesh

• GST: 3% on gold jewellery, coins, and bars purchased in Uttar Pradesh
• Making Charges GST: 5% GST on making/labour charges
• Capital Gains: Short-term (<3 years) — income slab rate. Long-term (3+ years) — 20% with indexation
• TDS: 1% TDS on gold purchases exceeding ₹10 lakh per year

Gold Investment Options in Uttar Pradesh

1. Physical Gold: Buy 22K/24K gold coins and gold bars from Tanishq, MMTC-PAMP, or Tanishq in Uttar Pradesh. 916 gold jewellery is the most popular.
2. Sovereign Gold Bonds (SGBs): Government-backed, 2.5% annual interest + tax-free maturity.
3. Gold ETFs: Trade on NSE/BSE like shares. No storage hassle. Top picks: Nippon Gold ETF, SBI Gold ETF.
4. Digital Gold: Buy from ₹1 via Google Pay, PhonePe, Paytm. Gold stored in insured vaults.
5. Gold Mutual Funds: Invest via SIP using our SIP Calculator.

🔍 People Also Search For