In the wake of Union Budget 2026, both silver and gold prices have seen a sharp decline, with silver plunging by a substantial ₹10,000 per kilogram. This unexpected fall has shaken the precious metal market, causing concern among investors and buyers alike.
Silver, which had been trading steadily in recent weeks, saw an immediate crash post-budget, with prices dipping to significant lows. The ₹10,000 fall has caught many by surprise, marking a sharp correction following the announcement of the Budget, which is believed to have affected investor sentiment and market trends. As of the latest data, silver is facing a downward spiral that has left investors anxious about future trends.
Alongside silver, gold has not been spared from the market turmoil. The price of 24-carat gold has also taken a hit, with a noticeable drop in rates, reflecting the impact of Budget 2026. While gold remains a safe haven for many investors, this sudden dip has led to concerns over the future trajectory of the precious metal’s pricing.
As of today, the 10 gram price of 24 carat gold has significantly reduced, continuing the downward trend that started post Budget. While many factors contribute to fluctuations in gold prices, this Budget announcement has undoubtedly played a role in the recent market volatility.
Experts suggest that while such price changes are not uncommon following national budget announcements, the extent of this drop is unusual. Analysts are now closely monitoring market trends to understand whether this will be a temporary blip or a longer-term trend.
For those in the market for gold or silver, it’s a critical time to watch as prices continue to fluctuate. Whether this signals a buying opportunity or more losses ahead remains uncertain.
