According to the India Bullion Association, the price of gold in India was 83,350 per 10 grams till 7:45 am. Prices saw an increase of about Rs 1,000 compared to Monday. According to the bullion association rates, prices are close to record-high.
According to the Multi Commodity Exchange, the prices of the week were also hovering near the high level of all time during the budget.
The rates in New Delhi were Rs 83,060 per 10 grams, while in Mumbai the price was more than Rs 83,200. In Kolkata, the rate was Rs 83,090, while in Bengaluru, according to the association, the rate crossed Rs 83,270. With a price of Rs 83,440, Chennai continued to see the highest rate in the country.
The union budget was declared on 1 February by Finance Minister Nirmala Sitarman, no specific changes that were made around the commodity. Customs deduction declared during the previous budget was the final change in space.
This was in line with expectations. According to experts, changes made in the previous budget are still settling in the system. Prices are also increasing due to various factors, including global stress such as Trump’s tariffs, which are currently on hold. According to Bloomberg, the global rate of yellow metal killed a high time of $ 2,817 on 31 January.
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