Today's Gold and Silver Prices: Massive Drop Before the Budget!

The country's budget is due tomorrow (February 1st), but just one day before, the bullion market is in turmoil. Everyone is surprised by today's gold and silver prices. If you are planning to buy jewelry, this news is very important for you.

Today we will find out what the price of silver is today, how much gold has fallen, and whether you should buy now?

Silver Price Crash: Silver Price Plummets Today! 📉

The biggest news is regarding silver. The silver that was soaring last week has seen a significant drop today.

Price of 1 kg of silver: As soon as the market opened today, silver fell to around ₹3,94,000.

Reason for the drop: Silver price crash in the global market and investors withdrawing their money (profit booking) before the budget.

If you are searching for today's silver price in Jaipur or Delhi, please note that a drop of ₹2000-3000 has been observed in every city today.

[IMAGE HERE 1: Silver Bars or Jewellery Shop with Down Arrow]

Today's Gold Rate: Gold also becomes cheaper 📉

Not only silver, but both gold and silver rates are in the red.

24 Carat Gold: Today, the gold rate has fallen below its record high and is hovering around ₹1,69,000 per 10 grams.

Today's gold and silver prices indicate that the market is currently in a "wait and watch" mode.

Budget 2026: Will gold be even cheaper tomorrow? 💰

Everyone is asking the same question: "Today's silver prices" have fallen, so will they fall even more tomorrow? According to experts, if the Finance Minister reduces the Customs Duty tomorrow, then:

Both gold and silver will become cheaper.

This will be a golden opportunity for investors to buy.

Conclusion

Friends, the price of gold and silver is changing every moment. My advice is to wait until tomorrow afternoon instead of buying today. The picture will become clearer after the budget.

If you want to know how much gold you can buy with your savings, use our [Income Calculator Tool] to check your earnings.