Gold Rate in Kanpur on 30 October 2025 – Latest Market Update, Price Trends, and Tally Prime Integration

Published on: 30-10-2025 Call CA Tally HelpDesk +91 9205471661, 8368262875

Overview

As of 30 October 2025, the gold market in Kanpur, Uttar Pradesh, reflected a stable yet optimistic tone, mirroring the nationwide trend of increased demand during the festive season. On this date, the 24-carat gold rate in Kanpur hovered around ₹12,480 per gram, while the 22-carat gold rate stood close to ₹11,430 per gram. The steady rise in price was primarily driven by international bullion strength, the festive rush for jewellery purchases, and the ongoing appeal of gold as a safe investment avenue.

Kanpur, a city with deep cultural roots and a thriving trading community, sees significant movement in gold prices during Diwali and wedding periods. Retail jewellers across areas like Naveen Market, Gomti No. 5, and Swaroop Nagar reported brisk sales throughout the last week of October 2025.

Gold Price Trends in Kanpur

In the month of October 2025, Kanpur’s gold prices saw a gradual upward movement of about 2–2.5% compared to early October. At the start of the month, 10 grams of 24K gold were priced near ₹1,22,000, and by the end of the month, the same quantity touched ₹1,24,800–₹1,25,000. Similarly, 22K gold prices moved from ₹1,13,000 to ₹1,14,300–₹1,14,500.

This rise was influenced by:

• Festive Season Demand: The run-up to Dhanteras and Diwali significantly boosted local jewellery purchases.
• International Gold Rates: Global bullion remained firm due to economic uncertainties and moderate US interest rates.
• Currency Movement: A slight weakening of the Indian Rupee against the US Dollar pushed domestic prices upward.
• Investor Sentiment: Gold retained its reputation as a safe-haven investment amidst stock market fluctuations.

Jewellery shops and bullion traders across Kanpur noted that customers were inclined toward lightweight ornaments and hallmark-certified coins as long-term investments.

Buying Insights for Customers

For gold buyers in Kanpur, it’s crucial to make informed purchasing decisions:

1. Check the Day’s Rate: Always verify the per-gram price displayed by reputable jewellers or finance websites before buying.
2. Hallmarking: Purchase only BIS-hallmarked jewellery to ensure purity and authenticity.
3. Understand Making Charges: Making charges can vary between 5–12% depending on the design; verify before final billing.
4. Compare Purity Options: 24K gold is investment-grade; 22K is suitable for ornaments. Choose based on your purpose.
5. Keep GST and Invoice Records: Proper invoices help in valuation, resale, and taxation compliance.

By the end of October 2025, gold rates in Kanpur remained slightly elevated but within a predictable band, offering both jewellers and investors confidence in market stability.

Recording Gold Prices in Tally Prime

For jewellers, wholesalers, or accountants using Tally Prime, maintaining accurate gold price records ensures real-time valuation and compliance. Here’s how to manage this efficiently:

1. Create Stock Groups and Stock Items

• Navigate to Gateway of Tally → Inventory Info → Stock Group → Create.
• Make separate groups such as “Gold 24K Bullion” and “Gold 22K Jewellery.”
• Under these, create individual items like Gold Necklace 22K, Gold Coin 24K, etc.

2. Set Units and Purity

• Define the unit of measure as Grams or Tola under Units of Measurement.
• Enter purity details (22K or 24K) and optionally add a user-defined field for “Metal Rate per Gram.”

3. Update Daily Rate

• Go to Inventory Info → Stock Item → Alter → Rate of Item.
• Input the day’s rate (e.g., ₹12,480 per gram for 24K).
• Save and ensure all linked transactions reflect the new rate.

4. Purchase and Sale Vouchers

• Purchase Voucher: Record gold purchases with quantity (grams), rate, making charge, and GST.
• Sales Voucher: Update selling rate based on the latest market rate and your markup or making charge.
• Cost Centres: Use cost centres to track gold cost vs making charges separately.

5. Stock Valuation and Closing Report

• At the end of each month, go to Display → Inventory Reports → Stock Summary.
• Select Valuation Method (Standard Cost, Moving Average, etc.) for correct closing stock value.
• This ensures profits reflect current market prices accurately.

6. Automated Imports and Integrations

Advanced users can maintain an Excel or CSV file with daily gold rates and import it into Tally Prime using its Import Data option. This automation saves time for jewellers handling large inventories.

Conclusion

The gold rate in Kanpur on 30 October 2025 remained firm, with 24K gold around ₹12,480 per gram and 22K near ₹11,430 per gram. Driven by festive demand, steady global prices, and strong investor interest, the yellow metal maintained its premium position in the city’s trading ecosystem.

For jewellery traders, timely rate updates and proper accounting in Tally Prime enable better pricing control, transparency, and compliance. With accurate daily rate tracking, Kanpur’s gold market participants can safeguard profits and provide customers with fair, transparent pricing—ensuring trust in every gram sold.

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