Gold Rate Today in Lucknow
Today's gold rate in Lucknow is shown live for 24K, 22K and 18K gold per gram, per 10 grams and per tola. Rates are the international price in rupees plus 6% import duty. Lucknow jewellers add 3% GST and making charges; when you sell, expect a deduction from the day's rate.
Live gold rate in Lucknow (INR)
| Weight & purity | Price (INR) |
|---|---|
| 24K gold · 1 gram | live |
| 24K gold · 10 grams | live |
| 24K gold · 1 tola (11.66 g) | live |
| 22K gold · 1 gram | live |
| 22K gold · 10 grams | live |
| 22K gold · 1 tola (11.66 g) | live |
| 18K gold · 1 gram | live |
| 18K gold · 10 grams | live |
| 18K gold · 1 tola (11.66 g) | live |
Indicative rate = live international gold price in rupees (TradingView FX_IDC:XAUINRG) plus India's 6% import duty, before 3% GST and making charges. A jeweller's board rate can sit slightly above or below it. How we calculate
How the Lucknow sarafa sets its board
In Lucknow, the local bullion and jewellery trade is called the sarafa, and the word appears on shop signs across the old city. Jewellers take the national landed price, international gold in rupees plus 6% customs duty, add the dealer premium, and publish the day's rate per 10 grams. Uttar Pradesh rates normally sit close to Delhi's. Some older customers still ask for the price per tola, so the table shows it too.
Markets: Chowk, Aminabad and Hazratganj
The Chowk area of old Lucknow is the traditional centre for jewellers, with family firms that have served the same households for generations, alongside the city's famous chikankari and attar shops. Aminabad, a crowded market in central Lucknow, has many jewellers selling everyday and wedding gold. Hazratganj and the newer areas of Gomti Nagar, Indira Nagar, Alambagh and Kapoorthala have chain showrooms with more 18K and diamond jewellery.
Awadhi and north Indian traditions
Lucknow's jewellery reflects its Awadhi heritage. Jadau work with stones set into gold, heavy chandbali earrings, and the jhoomar or passa (a side head ornament worn by brides in many Muslim families) are typical. Hindu brides in Uttar Pradesh wear a mangalsutra, maang tikka, nath and bangles; anklets (payal) and toe rings (bichhiya) are traditionally silver, not gold. Hallmarking with HUID is mandatory for gold jewellery sold by Lucknow jewellers, so new pieces should all carry it.
Selling old gold: a worked example
Many Lucknow families sell or exchange gold for weddings or emergencies, and it helps to know what to expect. Suppose (illustrative) you bought a 15-gram 22K hallmarked chain some time ago at ₹12,000 per gram with a 12% making charge:
| When buying | Working | Amount |
|---|---|---|
| Gold | 15 g × ₹12,000 | ₹1,80,000 |
| Making | 12% | ₹21,600 |
| GST | 3% of ₹2,01,600 | ₹6,048 |
| Paid | ₹2,07,648 |
Now the 22K rate has risen to ₹12,200 per gram and you sell the chain back. The jeweller deducts 3% from the day's rate:
| When selling | Working | Amount |
|---|---|---|
| Gold value | 15 g × ₹12,200 | ₹1,83,000 |
| Deduction | 3% | −₹5,490 |
| Received | ₹1,77,510 |
Even though the gold rate rose, you receive ₹30,138 less than you paid, because making charges and GST are not refunded and the jeweller takes a margin. Gold usually needs a meaningful price rise before jewellery breaks even. A hallmarked piece with its invoice is easier to sell at a fair price. Try the numbers in the scrap gold calculator and read how to sell gold.
When Lucknow buys gold
Dhanteras is the largest buying day, when crowds fill Chowk and Aminabad for coins, small jewellery and silver. Akshaya Tritiya, Karva Chauth, Diwali and the November–February wedding season follow, and Eid and wedding gifts drive demand in many families. Offers change with the season; the gold rate follows the international market and the rupee.
Tips for Lucknow buyers and sellers
- Check the BIS hallmark and six-character HUID on new jewellery and verify it in the BIS CARE app (guide).
- For jadau or stone-set pieces, ask for net gold weight and stone value separately.
- When selling, watch the purity test and ask for the deduction percentage before agreeing.
- Get quotes from two jewellers; exchange offers are often better than cash buy-back.
- Keep the original invoice; it proves purity and your purchase cost for tax purposes.