Gold Price on Budget Day: Finance Minister Nirmala Sitharaman is set to present the country’s economic statement today (Sunday), February 1st. The Finance Minister will present the budget at 11 AM. Just before the budget presentation, gold prices have dropped significantly. Gold has become cheaper by approximately ₹20,000, causing a stir in the market. The gold and silver markets witnessed a major shock on Friday. Gold and silver prices have fallen sharply over the past two days.
The fall in gold and silver prices has been observed in India and the international market. MCX will remain open today, February 1st. Gold and silver prices have fallen significantly from their all-time highs before the budget. This raises the question: Will Finance Minister Nirmala Sitharaman make any major announcements on gold and silver on February 1st?
The price of silver has fallen by ₹1,28,126 per kilogram from its all-time high, while gold is ₹42,247 cheaper per 10 grams.
If you are considering buying gold for weddings, festivals, or investment, this is a great opportunity. However, the question remains whether gold prices will fall even further after the budget presentation. Experts say that if any new tax or import duty is announced in the budget, prices could fall further. In the international market, the spot price of gold remains at $5087.73 per ounce.
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Gold Price in Delhi:
In Delhi, the price of 24-carat gold is ₹160730 and 22-carat gold is ₹147350 per 10 grams.
Gold Rates in Mumbai:
In Mumbai, the price of 22-carat gold is ₹147200 and 24-carat gold is ₹160580 per 10 grams.
Gold Price in Chennai:
In Chennai, the price of 22-carat gold is ₹147200 and 24-carat gold is ₹160580 per 10 grams.
Gold Rates in Kolkata
In Kolkata, the price of 22-karat gold is ₹147,200 and the price of 24-karat gold is ₹160,580 per 10 grams.
Gold Prices in Pune
In Pune, the price of 24-karat gold is ₹160,580 and the price of 22-karat gold is ₹147,200 per 10 grams.
Gold Rates in Bengaluru
In Bengaluru, the price of 24-karat gold is ₹160,580 and the price of 22-karat gold is ₹147,200 per 10 grams.
Gold Prices in Hyderabad
In Hyderabad, the price of 24-karat gold is ₹160,580 and the price of 22-karat gold is ₹147,200 per 10 grams.
Gold Rates in Jaipur
In Jaipur, the price of 24-karat gold is ₹160,730 and the price of 22-karat gold is ₹147,350 per 10 grams.
Gold Rates in Bhopal
In Bhopal, the price of 24-karat gold is ₹160,630 and the price of 22-karat gold is ₹147,250 per 10 grams.
Gold Prices in Lucknow
In Lucknow, the price of 24-karat gold is ₹160,730 and the price of 22-karat gold is ₹147,350 per 10 grams.
Gold Prices in Chandigarh
In Chandigarh, the price of 24-karat gold is ₹160,730 and the price of 22-karat gold is ₹147,350 per 10 grams.