Know that after the budget, gold is expensive, then silver has become cheap, what is the secret behind it?
Gold and Silver Price: Finance Minister Nirmala Sitharaman presented the Budget 2025-26 in Parliament on February 1, 2025. On this day, many big announcements were made, the effect of which has started to be seen in the prices of gold and silver from the stock market. Let us now tell you what are the prices of gold and silver in India on Sunday i.e. February 2, 2025.
What is the price of gold today
There has been a marginal increase in gold prices after the budget. According to a report, on Sunday, February 2, the price of 24 carat gold in the country was Rs 8466.3 per gram, showing an increase of Rs 150, while the price of 22 carat gold rose to 7762.3 per gram, registering an increase of Rs 140. However, the price of 24 carat gold had fallen by -0.75 per cent last week, falling by -4.59 per cent last month.
Silver prices also fall
On Sunday, February 2, silver prices saw a slight decline. The price of silver today is Rs 102,600 per kilogram, which is Rs 100 less than the previous day.
Why have gold and silver become expensive?
Apart from budgeting, gold and silver prices fluctuate depending on many other factors. For example, global demand, the level of demand for gold and silver in the international market plays an important role in determining their prices. In addition, the currency exchange rate, especially the position of the Indian rupee against the US dollar, also affects the prices.
Also, interest rates affect gold and silver prices. In fact, investment in gold and silver may be less if interest rates rise, as they do not provide interest. In addition, government policies, global developments such as economic crisis, war, inflation and other global events also affect the prices of gold and silver.
In your City What is the rate of 10 grams of gold
The price of 24 carat 10 gram gold in Delhi today is Rs 84663.0 per litre. Yesterday, it was Rs 83,203. The price of 10 grams of 24 carat gold in Chennai is Rs 84511. Yesterday, the price of 10 grams of gold was Rs 83051. On February 2, gold was priced at Rs 84517 in Mumbai. In Kolkata, 24 carat gold was priced at Rs 84,15 per share today.
