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Gold Price Today, 1 February 2023: Budget 2023 side effect! Gold, silver fly at rocket pace

Gold Price Today, 1 February 2023: The announcement of Budget 2023 on Wednesday gave impetus to the prices of gold and silver, which have been running at the speed of rockets for the last several months. Today, with the presentation of the budget, a big rise is being seen in the prices of gold and […]

Edited By : Divya Richa | Updated: Feb 3, 2023 11:47 IST
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Gold Price Today, 1 February 2023: The announcement of Budget 2023 on Wednesday gave impetus to the prices of gold and silver, which have been running at the speed of rockets for the last several months. Today, with the presentation of the budget, a big rise is being seen in the prices of gold and silver. Today, the price of gold has increased by Rs561 per 10 grams and silver by Rs1123 per kg. After this gold has once again reached its record all-time high. Today gold has fallen to Rs 57426 per 10 grams while silver has reached Rs 68794 per kg. The rates of gold and silver in MCX and international markets are tax-free, so there will be a difference between the rates in the country’s markets.

Gold and silver on IBJA

According to the website of the Indian Bullion Jewelers Association (IBJA), today (1 February 2023), gold (Gold Price Today) is trading at the level of Rs 57426 per ten grams, climbing at the rate of Rs 561 per ten grams. While on the last trading day on Tuesday, gold became cheaper by Rs 214 and closed at Rs 56865 per 10 grams.

Read More :-PETROL, DIESEL PRICE ON FEBRUARY 1, 2023: CHANGE IN FUEL PRICE AHEAD OF BUDGET! KNOW RATES HERE

Also Read :-BUDGET 2023: CENTRE RAISES CAPITAL EXPENDITURE OUTLAY BY 33% TO RS10 LAKH CRORE

On the other hand, silver (Silver Price Update) is trading today with a gain of Rs 1123 at the level of Rs 68794 per kg. Whereas on Tuesday, on the last trading day, silver had become cheaper by Rs 478 and closed at Rs 68149 per kg.

Also Read :-BUDGET 2023: BIG GIFTS TO HOME BUYERS UNDER PM AWAS YOJANA FUND; KNOW DETAILS

Gold is costlier by Rs 64 from all-time high and is getting cheaper by Rs 12000
At present, gold is selling dearer by about Rs 64 per 10 grams from its all-time high. Earlier, gold made its all-time high on January 24, 2023. At that time gold had gone up to the level of Rs 57362 per ten grams. On the other hand, silver was getting cheaper than its highest level at the rate of Rs 12031 per kg. The all-time high level of silver is Rs 79980 per kg.

Read More :- Latest Business News

First published on: Feb 01, 2023 01:48 PM IST
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