The Modi government has made a key proposal. The Budget 2021 made an important announcement regarding gold and silver. It has announced a reduction in tariffs on gold and silver imports from 12.5 per cent to 7.5 per cent. However, in addition, Farm Cess is levying 2.5 per cent. In other words, the tariff reduction on gold and silver imports is 2.5 per cent. This means that the price of gold is expected to fall in the coming days. The thing here, however, is how much it decreases. Let us see to what extent the prices of gold and silver will come down due to the decision of the Central Government.
Experts say the price of gold is likely to fall to Rs 1,200 per 10 grams due to a key proposal by the Modi government. At the same time, the silver rate is expected to fall to Rs 1,750 per kg. So it is arguable that intoxicants of choice runs the taste in gold. Those who buy silver will also get the benefit. So it would be nice if those who want to buy gold and silver could check the rates every day. It is enough to buy when reduced.