Gold Prices May Dip Post-Budget 2026: Experts Predict Stability, Minor Changes
Money
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News18•31-01-2026, 19:10
Gold Prices May Dip Post-Budget 2026: Experts Predict Stability, Minor Changes
- •Finance Minister Nirmala Sitharaman will present the Union Budget on February 1, 2026, with gold prices under close scrutiny.
- •Current gold prices on MCX are Rs 1.49 lakh for 10 grams (24-carat) and silver at Rs 2.91 lakh per kilogram.
- •Experts anticipate no change in customs duty on gold, but a further reduction from the current 6% is possible due to high imports.
- •New rules for reporting gold jewelry in income tax returns (Schedule AL) and a self-reporting system for gold holdings are expected.
- •Global factors like inflation, geopolitical tensions, and central bank buying will likely influence gold prices more than budget announcements.
Why It Matters: Gold prices are expected to remain stable or see minor corrections post-Budget 2026, with global factors driving major shifts.
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