Today's Gold Rate in Allahabad

Gold carries cultural value as well as the role of a secure financial asset, making it a popular choice for long-term savings and wealth preservation. Tracking the gold prices in Allahabad daily is essential for making strategic investments in this precious metal.

 

Since multiple factors influence gold prices, being aware of today’s rate helps you choose the right time to buy.

Check out the gold price today in allahabad for different weights below.

Gram	22 Carat Gold Rate Today	22 Carat Gold Rate Yesterday	Daily Price Change
1 Gram	₹9,170	₹9,170	₹0
10 Gram	₹91,700	₹91,700	₹0
100 Gram	₹917,000	₹917,000	₹0

Gold price in allahabad with fluctuations in the last few days, is shown below:

Gold price in allahabad with fluctuations in the last few days, is shown below:

Gold prices in Allahabad continued their upward trend in April 2025, showing a moderate increase over the month. Both 22-karat and 24-karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 30th of April.

 

Gold Prices on 1st April 2025

• 22-Karat Gold: ₹8,510 per gram
• 24-Karat Gold: ₹9,260 per gram

 

Gold Prices on 30th April 2025

• 22-Karat Gold: ₹8,975 per gram
• 24-Karat Gold: ₹9,780 per gram

 

Highest Gold Price in April 2025

The highest recorded price of gold during the month was on 22nd April 2025:

• 22-Karat Gold: ₹9,280 per gram
• 24-Karat Gold: ₹10,120 per gram

 

Lowest Gold Price in April 2025

The lowest recorded price of gold during the month was on 3rd April 2025:

• 22-Karat Gold: ₹8,220 per gram
• 24-Karat Gold: ₹8,960 per gram

 

Overall Performance

Gold prices in Allahabad showed a +5.47% increase in April 2025.

Gold prices in Allahabad continued their upward trend in March 2025, showing a moderate increase over the month. Both 22-karat and 24-karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 31th of March.

 

Gold Prices on 1st March 2025

• 22-Karat Gold: ₹7,970 per gram
• 24-Karat Gold: ₹8,695 per gram

 

Gold Prices on 31st March 2025

• 22-Karat Gold: ₹8,510 per gram
• 24-Karat Gold: ₹9,260 per gram

 

Highest Gold Price in March 2025

The highest recorded price of gold during the month was on 27th March 2025:

• 22-Karat Gold: ₹8,585 per gram
• 24-Karat Gold: ₹9,325 per gram

 

Lowest Gold Price in March 2025

The lowest recorded price of gold during the month was on 4th March 2025:

• 22-Karat Gold: ₹7,940 per gram
• 24-Karat Gold: ₹8,640 per gram

 

Overall Performance

Gold prices in Allahabad rose by approximately +6.78% in March 2025.

Gold prices in Allahabad continued their upward trend in February 2025, showing a moderate increase over the month. Both 22-karat and 24-karat gold witnessed price fluctuations, with the highest and lowest rates recorded between the 1st and 28th of February.

 

Gold Prices on 1st February 2025

• 22-Karat Gold: ₹7,740 per gram
• 24-Karat Gold: ₹8,450 per gram

 

Gold Prices on 28 th February 2025

• 22-Karat Gold: ₹7,970 per gram
• 24-Karat Gold: ₹8,695 per gram

 

Highest Gold Price in February 2025

The highest recorded price of gold during the month was on 25th February 2025:

• 22-Karat Gold: ₹8,065 per gram
• 24-Karat Gold: ₹8,810 per gram

 

Lowest Gold Price in February 2025

The lowest recorded price of gold during the month was on 3rd February 2025:

• 22-Karat Gold: ₹7,700 per gram
• 24-Karat Gold: ₹8,400 per gram

 

Overall Performance

Gold prices in Allahabad increased by approximately +2.97% in February 2025.

The price of gold in Allahabad reflects a mix of local and global factors. Here’s what you should know when purchasing.

• Festive Demand and Local Trends

In Allahabad, festivals and celebrations drive demand for gold jewellery, influencing prices. Seasonal spikes increase market interest, leading to temporary price surges. Local preferences play a role in these price fluctuations. Tracking these trends helps in timing your purchase.

• Supply of Available Gold

Limited global supply and local distribution can cause price fluctuations. Any disruptions in the supply chain due to mining or geopolitical factors affect local prices. Low supply typically increases gold’s value. Observing the market’s gold availability can help predict price changes.

• Government Import Policies and Taxes

Import duties and tax regulations directly affect the cost of gold locally. Policy changes can quickly lead to shifts in the gold market. Adjusting import rules influences availability and pricing. Staying aware of these policies helps you understand price movements.

• Inflation and Currency Stability

Inflation reduces the purchasing power of currency, making gold an appealing hedge. High inflation often leads to increased demand for gold. This correlation affects both international and local gold rates. Watching inflation trends can help in predicting price changes.

• Global Market Instability

Currency fluctuations, trade issues, and global events directly affect gold’s appeal as a secure investment. During uncertain economic times, gold’s value usually rises. Watching international trends provides insights into potential price changes. This approach can aid in strategic purchasing.

• Investor Behaviour and Speculation

Investor confidence, trading volumes, and speculation play a role in influencing gold prices. When other markets are volatile, gold often becomes a safer investment. Speculative trading can cause temporary price swings. Observing investor sentiment provides important price predictions.

Fluctuations in gold prices in Allahabad are frequently influenced by changes in GST rates. Keeping updated with these changes is crucial for making informed gold buying or selling decisions. The current GST on gold transactions is 3%, split between 1.5% CGST and 1.5% SGST.

For instance, if you purchase gold worth ₹1 Lakh, the GST payable would be ₹3,000. This GST applies to gold jewellery, coins, and bars and also to making charges, which are taxed at an additional 5%.

Gold loans in Allahabad are an effective financial tool, offering you easy access to funds with minimal eligibility requirements. The loan amount depends on the current value of the gold you pledge. When gold prices increase, your loan limit rises accordingly.

By monitoring the market for low interest rates, you can maximise the potential of your gold loan and ensure you’re borrowing wisely. At Bajaj Markets, comparing gold loans from multiple partners is straightforward. You can conveniently apply for your selected loan online.