Union Budget 2025: The Finance Minister has introduced the Union Budget 2025 in Parliament. Which has been announced to focus on women, agriculture, poor and middle classes. On the other hand, the budget has seen a stormy boom in gold and silver markets in the hope of positive reforms. Gold futures on MCX rose to Rs 1,000 to Rs 1,000 at Rs 100. It reached 82600 per 10 grams level.
Significantly, in the budget of 2024-25 last year, customs duty on gold was reduced. As a result, gold prices fell.
Gold and silver rise on MCX
Gold futures of February 5 were trading at Rs 100 per share in the ongoing special trading session on MCX today. The Rs 411 rose to Rs 1,000. 82299 per 10 grams. While silver is 5 March futures is Rs 100 an ounce. It was 267 rupees. Its business took place at Rs 93,595 per kg. On April 4, a promise of Rs 5000 is 82600 per 10 grams.
Gold price reached record high in Ahmedabad
A record increase in gold prices has been observed in the bullion market of Ahmedabad. Gold was Rs 100 per kg yesterday. It was 1000 rupees. It reached a historic high level of 85,000 per 10 grams. Silver also jumped 100 rupees. Increased from Rs 500 to Rs. 93000 per kg.
Gold prices increased by Rs 100 in budget week by 2097 bounced
In gold futures this week, MCX gold opened at Rs 79,700 per 10 grams at the beginning of February futures week, high levels of Rs 81,835 during the intra-day period and touching low level of Rs 79,500 to Rs 79,500 per Rs 79,500 per at the week Closed at 10 grams. The price reached Rs 81,723 with a gain of Rs 2,097. Gold-Gin February contract rose by Rs 1,377 per 8 grams to Rs 65,538 and gold-next February contract rose by Rs 144 per 1 gram to Rs 8,075. Gold Mini February futures rose by Rs 1,945 to Rs 81,539 per 10 grams.
Silver Rs. 2297 bounced
In silver futures during this week, silver march opened at Rs 91,600 per kg at the beginning of the week, during the week it reached a high level of Rs 93,799 and a low level of Rs 89,369, it reached 2,297 at the end of the week. Closed at Rs 93,446 with a profit of Rs. The Silver-Mune February contract rose by Rs 2,166 to close at Rs 93,304, and the Silver-Micro February contract rose by Rs 2,170 to close at Rs 93,295.
