By News Desk 
The month of April 2025 witnessed significant fluctuations in gold prices. The ongoing trade tensions between the United States and China had a noticeable impact on global markets, which in turn influenced the Indian bullion market as well.
Global Tensions Affect Domestic Gold Rate
Due to the tariff disputes between the U.S. and China, gold prices showed sharp volatility. In the futures market, gold prices surged past ₹1 lakh per 10 grams. However, the domestic market offered some relief to buyers with relatively lower rates.
Gold Rate Drops in Uttar Pradesh Today
As of May 5, 2025, gold prices in Uttar Pradesh have declined slightly compared to last week, offering a bit of relief for buyers. The current Gold Rate in UP is:
- 24 Carat Gold: ₹95,650 per 10 grams
- 22 Carat Gold: ₹87,690 per 10 grams
- 18 Carat Gold: ₹71,750 per 10 grams
This slight drop in rates could benefit consumers looking to purchase gold for weddings or investment purposes.
City-wise Gold Rate in Uttar Pradesh
In major cities of Uttar Pradesh like Ayodhya, Mathura, Meerut, Agra, and Kanpur, the gold prices are largely consistent:
- 18 Carat: ₹71,750
- 22 Carat: ₹87,690
- 24 Carat: ₹95,650
Note: Gold rates may vary slightly depending on the jeweller and location.
Wedding Season Presents Opportunity for Buyers
With the wedding season currently underway, gold demand is naturally on the rise. Experts suggest that the recent dip in the Gold Rate presents a golden opportunity for those planning to purchase gold for weddings or long-term investments.
Diverging Trends in Domestic and Futures Markets
While the domestic market has seen a decline in gold prices, the futures market continues to show bullish trends. Analysts believe that volatility may persist in the coming days, so keeping an eye on the Gold Rate is advisable for both investors and buyers.