Sun Feb 02 00:30:00 UTC 2025: ## Gold and Silver Prices Surge Following Budget 2025 Announcement
**New Delhi, February 2, 2025** – Gold and silver prices experienced a significant increase in India following the announcement of Budget 2025 on February 2nd. Analysts attribute the price surge to market reactions to the budget’s contents.
As of 6:30 AM today, the price of 10 grams of 22-carat gold in Delhi reached ₹77,600, while 24-carat gold per tola (approximately 11.66 grams) reached ₹84,640. Similar increases were observed in other major cities. In Hyderabad and Vijayawada, 10 grams of 22-carat gold cost ₹77,450, and 24-carat gold per tola reached ₹84,490. Mumbai mirrored these trends, with prices at ₹77,450 and ₹84,490 respectively. Bhubaneswar also saw prices of ₹77,450 and ₹84,490 for 22 and 24 carat gold respectively.
The price of silver also saw a sharp increase. The price per kilogram of silver reached ₹99,500 in Delhi and Mumbai. Hyderabad and Vijayawada saw a higher price of ₹107,000 per kilogram.
These price increases have caused considerable concern among consumers, especially women who are significant buyers of gold in India. Further analysis is expected to shed light on the long-term effects of Budget 2025 on precious metal markets.
First Piper 