The study focused on the preference of values of adolescents for which a total of 300 samples comprising of 150 boys and girls each in the age group of 12-18 years were selected using random sampling technique from various Schools and Colleges of Allahabad District, Uttar Pradesh, India. Personal Value Questionnaire devised by Sherry and Verma (1998) was used to ascertain the personal values of the selected sample. The results revealed that adolescent boys preferred power values the most, followed by Economic values, democratic, social value, family prestige value, knowledge value, health value, religious values, aesthetic value and hedonistic values respectively. On the other hand religious values as well as economic values were given a similar weightage by the adolescent girls followed by family prestige values, democratic values, social values, power value, aesthetic values, knowledge values, health values and hedonistic values respectively. A highly significant gender difference in the religious values, aesthetic values and family prestige values was revealed wherein the girls were found to possess higher values as compared to their male counterparts. A highly significant gender variation in power values was observed wherein boys showed higher level of power values as compared to girls.