UP Gold, Silver Soar: Gold Crosses 1.39 Lakh, Silver Hits New Record High

• Gold and silver prices in Uttar Pradesh reached new record highs on December 25, with continuous increases throughout December.
• 24-carat gold in Varanasi jumped ₹320 to ₹1,39,400 per 10 grams, while in Lucknow, it rose ₹410 to ₹1,40,780.
• 22-carat gold increased by ₹300 to ₹1,27,750, and 18-carat gold by ₹240 to ₹1,04,590 per 10 grams in Varanasi.
• Silver recorded a new high, surging ₹1,000 per kilogram to ₹2,34,000 in the bullion market.
• Vijay Tiwari of Varanasi Bullion Association noted a lull in the market due to the unprecedented price surge, making future predictions difficult.

Why It Matters: Gold and silver prices in UP hit all-time highs on Dec 25, causing market uncertainty.