Oct 07 , 2024

What's the new price of Gold, Silver & Platinum after Budget 2024?

By True Scoop

FM Sitharaman during Budget 2024-25 announced cut on import duty on gold, silver & platinum.

The import duty on gold and silver is down to 6% now, compared to 15% earlier.

Platinum import duty is now down to 6.4% from 15.4% earlier.

Due to the tax cut, prices of 22-carat gold (jewellery) dropped to Rs 6,793 per gram on Tuesday from Rs 7,146 on Monday.

As per reports, 24 carat gold is going to get cheaper by Rs 2,800 as the prices are currently Rs 72,700 per 10 grams.

Due to the tax cut, silver will get cheaper by Rs 1,650 at Rs 87,350 per kg.

Platinum is expected to cost Rs 28,940 per 10 grams.

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