Gold and Silver Prices Surge in the Evening: Check the Latest 10 Gram Gold Rate

Gold and silver prices have seen a significant rise as the evening sets in. On the same day that Finance Minister Nirmala Sitharaman presented the Union Budget, the price of gold reached a new record. In Delhi, the price of 24-carat gold has risen to ₹84,900 per 10 grams, marking a third consecutive day of increases, with a ₹1,100 rise.

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Current Price Details of Gold & Silver

Metal	Price	Increase
24-carat Gold (10 grams)	₹84,900	₹1,100
22-carat Gold (10 grams)	₹84,500	₹1,100
Silver (1 kilogram)	₹95,000	₹850

Price Increase from the Beginning of 2025

At the start of 2025, the price of gold was ₹79,390 per 10 grams. Now, with an increase of ₹5,510, it has reached new heights, showing a rise of 7%. This surge has provided significant profits to investors.

Impact of Import Duty Reduction

In July 2024, the government made a major reduction in the import duty on gold and silver. The import duty was cut from 15% to 6%, the largest cut ever made.

Increase in Imports

Description	Percentage
Import Duty Reduction	9%
Increase in Imports	104%
Total Price Increase	7%

Market Analysis and Future Outlook

Financial experts believe that due to global market instability and economic uncertainty, gold prices are likely to increase further. Gold is considered a safe investment, which has kept its demand strong.

Advice for Investors

Before investing in gold, it is important for investors to understand the market situation. Although prices are at a high, it could still be a good opportunity for long-term investors.

The continuous rise in gold prices and the government’s policy initiatives have provided new direction to the market. The reduction in import duty has not only increased imports but has also positively impacted the domestic market. For investors, this is a significant moment, as investing in gold can prove beneficial in the long run.

Given the increase in gold prices and the current market situation, investors should invest wisely. In the present circumstances, gold is becoming not only a means of value enhancement but also an important source of economic security.