Gold Price Cut After New GST 2025- The year 2025 has started with a major change in the gold and silver market. After the announcement of the new GST rule on precious metals, the prices of gold have seen a sudden fall across the country.
This update has brought a mix of relief and curiosity among buyers and investors who have been keeping a close eye on gold rates for months. Let’s understand how this new GST policy has affected prices and what the latest gold and silver rates are today.
Gold Price Cut After New GST 2025
The Government of India recently revised the GST structure for the jewellery sector. Earlier, gold used to attract 3% GST, but under the new 2025 rule, the tax has been slightly adjusted to reduce the burden on buyers.
This small change has created a noticeable impact on the market. Jewellers have started revising their prices, and as a result, gold rates have dropped by a few hundred rupees per 10 grams in most cities.
Experts believe that the government’s decision aims to boost consumer spending and encourage more people to buy gold from official and GST-registered sellers instead of the unorganised market.
The drop in tax percentage means gold jewellery, coins, and bars are now slightly cheaper, making it a good time for both festive and investment purchases.
Today’s Gold Rate
Today, gold prices have come down significantly compared to last week’s rates. In Delhi, the price of 24-carat gold has slipped close to ₹61,200 per 10 grams, while 22-carat gold is being sold at around ₹56,100.
Mumbai and Chennai have also witnessed similar reductions, with an average fall of ₹500 to ₹700 per 10 grams depending on purity and local demand.
In the international market, the price of gold per ounce has also softened slightly, contributing to the domestic price adjustment. Analysts suggest that this correction in price is temporary but beneficial for those looking to invest in gold jewellery or coins before the next upward movement.
Silver Prices Also Take a Dip
Not just gold, but silver prices have also seen a decline after the new GST update. Silver, which was trading around ₹78,000 per kg a few weeks ago, has now dropped to around ₹76,500 in most markets.
The fall is being linked to both the GST adjustment and the global pressure on precious metal prices.
For households planning weddings or big occasions in the upcoming months, this reduction in silver prices has come as a pleasant surprise. Many buyers who were delaying their purchases due to high rates are now returning to the market, creating renewed buzz in jewellery stores.
What This Means for Investors and Buyers
For small investors and regular buyers, this price correction is a golden opportunity. With the revised GST rate and the fall in international prices, gold has become a more attractive and accessible investment option again.
People who buy gold for savings, gifting, or weddings can now get more value for their money.
On the other hand, long-term investors are being advised to monitor the market closely. Since global factors like the US dollar index and crude oil prices also affect gold rates, experts believe that prices might rise again in the coming months. Thus, buying gold now could prove beneficial before the next price hike.
Conclusion
With the new GST rule reducing the price burden and both gold and silver becoming more affordable, the market is buzzing with activity once again. Whether it’s for jewellery, gifting, or investment, this period seems favourable for buyers.
If you’ve been waiting for the right time to invest, this recent gold price cut after the new GST 2025 update might just be your signal.
However, experts still recommend checking daily rates and consulting trusted jewellers before making large purchases, as market trends can change quickly.
Disclaimer: The information provided in this article is based on publicly available sources. Readers are advised to verify details through official channels before making any decisions or applications.