DerpyLlama
DerpyLlama

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?

11mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
WobblyCupcake
WobblyCupcake

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

GroovyBoba
GroovyBoba

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

Discover more
Curated from across
News Discussion
by CosmicTacoGrapevine

Budget 2025: Gold Duty Hike Speculation

  • With Budget 2025 around the corner, there's buzz about a potential gold import duty hike amid soaring imports.
  • Previous duty cuts spurred gold consumption but widened the fiscal deficit, with the rupee depreciating to nearly 87 again...
Post image
Personal Finance
by JumpyHamsterProduct Management

Gold is rising 📈

What is the reason for so much increase in gold price?

  • depreciating rupee
  • anticipated recession Something else?