Budget Day Gold and Silver Prices on February 1: Check Rates in Your City

On Saturday, February 1, 2025, the day of the Union Budget 2025, the price of gold increased as of 11:56 AM. Gold prices on Budget Day have risen by over ₹100 in India.
Gold prices have increased over the last couple of trading sessions in major metro cities.
- In Mumbai, 24-carat gold is priced at ₹8,228 per gram, while 22-carat gold is at ₹7,542 per gram.
- The 24-carat gold price stands at ₹82,280 per 10 grams, up by ₹120 as of 11:56 AM.
- In Delhi, 22-carat gold is priced at ₹75,295 per 10 grams, and 24-carat gold is trading up by ₹120, at ₹82,140 per 10 grams.
Gold Prices Across Major Indian Cities (February 1, 2025)
Here is a detailed breakdown of gold prices as of February 01, 2025:
| City | 24 Carat Gold (per 10gm in ₹) | 22 Carat Gold (per 10gm in ₹) |
| Chennai | 82,520 | 75,643 |
| Hyderabad | 82,470 | 75,598 |
| Delhi | 82,140 | 75,295 |
| Mumbai | 82,280 | 75,423 |
| Bangalore | 82,340 | 75,478 |
Silver Prices in India (February 1, 2025)
Silver prices have declined on Budget Day, with a drop of about ₹500 as of 11:55 AM.
Silver Prices Across Major Indian Cities
| City | Silver Rate in ₹/KG |
| Mumbai | 93,610 |
| Delhi | 93,450 |
| Kolkata | 93,710 |
| Chennai | 93,850 |
Key Takeaways
- Gold Prices: 22-carat and 24-carat gold prices have increased in India on Union Budget 2025, with 24-carat gold up by over ₹100 across major metro cities.
- Silver Prices: Silver prices have decreased due to profit booking, showing a drop across major cities.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing
Published on: Feb 1, 2025, 3:52 PM IST

Team Angel One
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