00:00Budget 2026 on Feb 1st. Nirmala Sita Raman, our Finance Minister, has a budget present in Parliament today.
00:08The market crashed. Sensex lost 1,800 points almost and then it recovered 300 points.
00:15Nifty closed below 25,000. There was a bloodbath in the market.
00:20However, gold and silver futures were down in the beginning and both MCX gold and silver nosedived almost over 9%.
00:2910 gram gold's price slipped below 1,40,000 mark.
00:34The latest correction has come after spot gold prices that has crashed steeply over 8%.
00:41We want to tell that geopolitics are involved in this.
00:46Because we know that there was a big conflict between them due to oil.
00:54And now, US President Donald Trump has said that Iran and US are going to talk about it and sort it out.
01:02Moreover, they also said that India should buy oil from Venezuela.
01:08India buys a lot of oil from Russia, sodas, China, sodas, European countries.
01:14If we look at this, then today's stock market crash is due to the budget and geopolitical scenarios.
01:23The outlook for gold prices is quite stable.
01:30Gold is expected to gain in a long term to probably 1.6 lakhs.
01:35But in short term, in a few days, gold prices will not go up, is what the analysts are saying.
01:42Keep watching Good Returns to Know More.
01:44Good Returns to Know More.
01:45Good Returns to Know More.
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