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Budget Day Gold and Silver Prices on February 1: Check Rates in Your City

Updated on: Feb 1, 2025, 3:52 PM IST
On Budget Day 2025, gold prices increased by over ₹100 in major cities, while silver saw a decline of ₹500 due to profit booking. Check the latest rates here!
Budget Day Gold and Silver Prices on February 1: Check Rates in Your City
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On Saturday, February 1, 2025, the day of the Union Budget 2025, the price of gold increased as of 11:56 AM. Gold prices on Budget Day have risen by over ₹100 in India.

Gold prices have increased over the last couple of trading sessions in major metro cities.

  • In Mumbai, 24-carat gold is priced at ₹8,228 per gram, while 22-carat gold is at ₹7,542 per gram.
  • The 24-carat gold price stands at ₹82,280 per 10 grams, up by ₹120 as of 11:56 AM.
  • In Delhi, 22-carat gold is priced at ₹75,295 per 10 grams, and 24-carat gold is trading up by ₹120, at ₹82,140 per 10 grams.

Gold Prices Across Major Indian Cities (February 1, 2025)

Here is a detailed breakdown of gold prices as of February 01, 2025:

City 24 Carat Gold (per 10gm in ₹) 22 Carat Gold (per 10gm in ₹)
Chennai 82,520 75,643
Hyderabad 82,470 75,598
Delhi 82,140 75,295
Mumbai 82,280 75,423
Bangalore 82,340 75,478

Silver Prices in India (February 1, 2025)

Silver prices have declined on Budget Day, with a drop of about ₹500 as of 11:55 AM.

Silver Prices Across Major Indian Cities

 

City Silver Rate in ₹/KG 
Mumbai 93,610
Delhi 93,450
Kolkata 93,710
Chennai 93,850

Key Takeaways

  • Gold Prices: 22-carat and 24-carat gold prices have increased in India on Union Budget 2025, with 24-carat gold up by over ₹100 across major metro cities.
  • Silver Prices: Silver prices have decreased due to profit booking, showing a drop across major cities.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing

Published on: Feb 1, 2025, 3:52 PM IST

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