Gold, Silver Prices Plunge in UP on New Year; Buyers Rejoice as Rates Fall

• Gold and silver prices saw a significant drop across Uttar Pradesh on January 1, 2026, bringing relief to buyers.
• 24-carat gold fell by ₹900 per 10 grams in Lucknow and ₹810 in Varanasi, now at ₹1,35,210 per 10 grams in Varanasi.
• 22-carat gold in Varanasi dropped by ₹750 to ₹1,23,950, while 18-carat gold fell by ₹400 to ₹1,01,440 per 10 grams.
• Silver prices became cheaper by ₹2000 per kilogram, now at ₹2,38,000 per kilogram.
• This marks the fourth consecutive day of gold price drops, with expectations of further declines in the coming days.

Why It Matters: Gold and silver prices fell sharply across UP on New Year's Day, bringing relief to consumers.