Gold price before the budget
Gold price before the budget , know the latest rate of 10 grams gold . Before the budget, there is a rise in the price of gold on Friday, due to which the price of 10 grams has reached a record level. Earlier on Thursday also, the price of gold had crossed the record level of 83000. Actually, the reason behind the rise in gold prices is believed to be the reduction of import duty on gold in the budget. It is expected that this time the import duty on gold can be reduced in the budget, which the government had reduced in the last budget.
If the import duty is reduced in the budget this time, then the price of gold may soar. On Friday, a day before the budget, the price of 24 and 22 carat gold has increased by about Rs 300.
what is the rate of gold today
In Delhi, 24 carat gold is being sold at Rs 83,180 per 10 grams with a rise of about Rs 200, while 22 carat gold is Rs 76,260 per 10 grams. There is an increase of Rs 300 in the price of 22 carat gold compared to yesterday.
Why is gold becoming expensive?
The biggest reason for the rise in gold and silver prices before Budget 2025 is the increasing demand among investors and common buyers. Due to instability in the global market and changes in US policies, people are investing more in gold as a safe investment. This is the reason why gold prices are rising continuously. Experts believe that if interest rates are cut and uncertainty persists in the international market, then the prices of gold and silver may increase further. At the same time, there are many expectations for gold from the budget, due to which there is a surge in prices.
Silver Rate
Apart from gold, silver prices are also witnessing a rise on Friday, January 31. A day before the budget, the price of silver has increased by Rs 2,000, after which the price of silver has come down to Rs 98,600 per kg.
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