Gold Prices Soar in UP: Lucknow-Varanasi Cross ₹1.80 Lakh, Silver Nears ₹4 Lakh

• Gold and silver prices witnessed a massive surge across India, setting new records on January 29.
• In Uttar Pradesh cities like Lucknow, Varanasi, and Meerut, gold prices increased by over ₹12,000 in a single day.
• 24-carat gold in Varanasi rose by ₹11,770 to ₹1,77,070 per 10 grams; Lucknow saw a ₹12,440 jump to ₹1,80,830.
• Silver prices surged by ₹39,000 per kilogram, reaching a new record of ₹3,99,000 per kilogram.
• The uncontrolled price hike has deterred ordinary buyers, leading to deserted bullion markets in UP.

Why It Matters: Gold and silver prices hit record highs in UP, with significant daily jumps impacting buyer sentiment.