Significant Drop in Bullion Market Due to Budget Provisions, Gold and Silver Prices Fall

Gold and Silver Prices

New Delhi, July 24 (Udaipur Kiran) – The domestic bullion market witnessed a substantial correction just a day after the budget announcement. Gold prices have dropped by nearly ₹2,300 in just one day. Similarly, silver prices have fallen by around ₹4,000. Following today’s decline, 24-carat gold is trading between ₹71,450 and ₹70,850 per 10 grams in the country’s bullion markets. Likewise, 22-carat gold is being sold between ₹65,490 and ₹64,940 per 10 grams. Similar to gold, silver has also become cheaper by approximately ₹4,000, trading at ₹87,900 per kilogram in the Delhi bullion market.

In the nation’s capital, Delhi, 24-carat gold is trading at ₹71,000 per 10 grams today, while the price of 22-carat gold is recorded at ₹65,090 per 10 grams. Similarly, in Mumbai, 24-carat gold is being sold at ₹70,850 per 10 grams and 22-carat gold at ₹64,940 per 10 grams. In Chennai, the retail price of 24-carat gold is ₹71,450 per 10 grams, and 22-carat gold is priced at ₹65,490 per 10 grams. In addition to these major cities, in Ahmedabad, 24-carat gold is being sold at ₹70,900 per 10 grams, and 22-carat gold is priced at ₹64,990 per 10 grams. In Kolkata, 24-carat gold has reached ₹70,850 per 10 grams, and 22-carat gold is at ₹64,940 per 10 grams.

In the Lucknow bullion market, 24-carat gold is trading at ₹71,000 per 10 grams today, and 22-carat gold is priced at ₹65,090 per 10 grams. In Patna, the price of 24-carat gold has reached ₹70,900 per 10 grams, while 22-carat gold is being sold at ₹64,990 per 10 grams. Similarly, in Jaipur, 24-carat gold is trading at ₹71,000 per 10 grams, and 22-carat gold is priced at ₹65,090 per 10 grams.

Like other states in the country, the bullion markets in Karnataka, Telangana, and Odisha have also experienced a sharp drop in gold prices today. In the capitals of these three states—Bengaluru, Hyderabad, and Bhubaneswar—24-carat gold is trading at ₹70,850 per 10 grams today. Similarly, in the bullion markets of these three cities, 22-carat gold is being sold at ₹64,940 per 10 grams.

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