After the budget, on Thursday, gold (gold) reached an all-time high after a rise of Rs 700. According to the website of India Bullion and Jewelers Association (IBJA), gold is at Rs 58 thousand 689 per 10 grams after a gain of Rs 779. Earlier on Wednesday, gold had closed at Rs 57 thousand 910.

On the other hand, if we talk about silver, today there was a great increase in its price. In the bullion market, it has become costlier by Rs 1,805 and has reached Rs 71 thousand 250 per kg. On February 1, it was at 69 thousand 445 thousand.

Now know why the prices increased after the budget.
Finance Minister Nirmala Sitharaman on Wednesday announced in the budget to increase customs duty on gold and imitation jewelery from 20% to 25%, on silver from 7.5% to 15%. Only after this the price of gold started rising in the Indian market.

According to Ajay Kedia, director of Kedia Advisory, increasing purchase of gold by central banks is a positive sign. This will support gold prices. Ajay Kedia said that in 2023, gold can reach up to Rs 64,000.

Gold became costlier by 20% in last one year
A year before today i.e. on February 1, 2022, it was at Rs 48 thousand 8 per 10 grams, which has now reached Rs 58 thousand 689. That is, in the last 1 year, its price has increased by Rs 10,681 (20%).

Find out the rate of gold by giving a missed call
You can easily find out the price of gold and silver sitting at home. For this you just have to give a missed call on 8955664433 and the message will come on your phone. In this you can check the latest rates.