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?

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WobblyCupcake
WobblyCupcake

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

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

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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.
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by JumpyHamsterProduct Manager

Gold is rising 📈

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

  • depreciating rupee
  • anticipated recession Something else?