Gold and silver prices continue to witness sharp volatility, leaving both investors and retail buyers surprised. While gold remains largely steady, silver has posted a sharp rally in Uttar Pradesh’s bullion market.
Here’s a detailed look at today’s latest rates across major UP cities.
Silver Price Today
Silver has surged significantly.
Today’s Rate: ₹2,90,000 per kilogram
Previous Rate: ₹2,70,000 per kilogram
This marks a sharp ₹20,000 jump, pushing silver to record-high levels in the state.
24-Carat Gold Price (Per 10 Grams)
Across major cities including Lucknow, Noida, Ghaziabad, Meerut, Ayodhya, Gorakhpur, Kanpur, Varanasi and Agra, the price of 24-carat gold on February 23, 2026 is:
₹1,54,350 per 10 grams
22-Carat Gold Price (Per 10 Grams)
For buyers opting for 22-carat gold:
₹1,47,000 per 10 grams
Gold prices remain largely stable compared to the previous session.
Why Are Prices Rising?
Market experts attribute the surge in precious metals to:
Renewed safe-haven demand
Positive capital inflows into exchange-traded funds (ETFs)
Global uncertainty surrounding US trade policy
Investor caution ahead of the recent ruling by the Supreme Court of the United States on tariff-related matters linked to former US President Donald Trump
Heightened geopolitical tensions and macroeconomic uncertainty have also supported bullion prices.