Impact of Budget on Gold and Silver

I couldn't understand how the Budget and duty reduction on Gold and Silver will impact Gold and Silver prices. Also saw Jeweller Stock price rise today - Eg. Kalyan Jewellers.

Can anyone explain what will be the impact? Will it rise or fall?

19mo ago

WobblyCupcake

Stealth

19mo

Gold price will go down a bit, and then people will buy gold that's why i think kj went up

GroovyBoba

X (formerly Twitter)

19mo

And then it will go up due to demand and only the middleman will benefit.

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