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Gold Rate Today in Warangal: Gold has long been a cherished commodity, valued for its beauty, rarity, and enduring worth. In Warangal, India, gold is particularly popular, and many people closely follow the daily gold rate.

As of today, the gold rate Warangal is Rs. 8,950/- per gram for 22-karat gold and Rs. 9,398/- per gram for 24-karat gold.

22 Carat Gold Rate Today in Warangal Per Gram (INR)

Title	1 Gram	8 Grams	10 Grams
22 Carat Gold Rate Warangal Today	8,950	71,600	89,500
22 Carat Gold Rate Warangal Yesterday	8,920	71,360	89,200
Today’s Price Change	30⇑	240⇑	300⇑

24 Carat Gold Rate Today in Warangal Per Gram (INR)

Title	1 Gram	8 Grams	10 Grams
24 Carat Gold Rate Warangal Today	9,398	75,184	93,980
24 Carat Gold Rate Warangal Yesterday	9,366	74,928	93,660
Today’s Price Change	32⇑	256⇑	320⇑

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Factors Affecting Gold Rates

Several factors can affect the gold rate, including:

Global economic conditions: When the global economy is uncertain, investors often turn to gold as a safe haven asset, which can drive up the price.
Interest rates: When interest rates are low, gold becomes more attractive as an investment, as it does not generate interest income.
Inflation: Gold is often seen as a hedge against inflation, as its price tends to rise with the cost of living.
Local demand: The demand for gold in Warangal can also affect the local price. For example, if there is a festival or a wedding season, the demand for gold may increase, which can drive up the price.

How to Check the Gold Rate Today in Warangal

There are several ways to check the gold rate today in Warangal

Online: There are many websites that track gold rates, including BankBazaar, Goodreturns, and Moneycontrol.
Newspapers: Local newspapers often publish the gold rate.
Jewellery stores: Jewellery stores can also provide you with the gold rate.

Investing in Gold

Gold can be a good investment for some people. However, it is important to remember that gold is a volatile asset, and its price can fluctuate significantly. If you are considering investing in gold, you should do your research and understand the risks involved.

Conclusion

Gold is a valuable commodity that can be a good investment or a cherished possession. By understanding the factors that affect the gold rate, you can make informed decisions about whether or not to invest in gold.

Budget 2024 Highlights: Today, Finance Minister Nirmala Sitharaman presented the Union Budget for 2024-25 in Parliament. This is her seventh consecutive budget speech, setting a new record. She surpassed former Prime Minister Morarji Desai, who gave six consecutive budget speeches from 1959 to 1964.

Key Announcements:

New Tax Rates: The tax rates for salaried people have been changed under the new tax system. The tax rates are now:
– Income up to ₹3 lakh: No tax
– ₹3 lakh to ₹7 lakh: 5%
– ₹7 lakh to ₹10 lakh: 10%
– ₹10 lakh to ₹12 lakh: 15%
– ₹12 lakh to ₹15 lakh: 20%
– Above ₹15 lakh: 30%

Standard Deduction: An increase in the standard deduction was announced.

Customs Duty: Changes were made to the customs duty on items like gold, silver, mobile phones, and other goods.

Infrastructure Spending: The government plans to spend ₹11.1 lakh crore on capital expenditures, keeping it the same as the interim budget. Infrastructure spending will be 3.4% of the GDP.

Main Focus Areas:

Employment and Skilling:
– Five new schemes will target 4.1 crore young people over five years with a budget of ₹2 lakh crore.
– A large internship program for one crore young people in top companies over five years.
– Incentives for employment, including one month of wage support for new employees.
– Special programs to improve women’s skills and increase their participation in the workforce.

Support for MSMEs and Manufacturing:
– Emphasis on helping MSMEs (Micro, Small, and Medium Enterprises) and the manufacturing sector.
– Credit guarantee scheme and loans for buying machinery.
– A technology support package for MSMEs.
– SIDBI will open 24 new branches to support MSME clusters.

Financial Initiatives:
– The Mudra loan limit has been increased from ₹10 lakh to ₹20 lakh for previous borrowers.
– Financial support for higher education loans up to ₹10 lakh for studying in India.
– A new technology system for the Insolvency and Bankruptcy Code (IBC).

Agriculture and Rural Development:
– A budget of ₹2.66 lakh crore for rural development.
– Transforming agricultural research to focus on productivity and climate-resilient crops.
– An initiative to introduce one crore farmers to natural farming over two years.

Infrastructure and Regional Development:
– Rental housing in Public-Private Partnership (PPP) mode for industrial workers.
– Special financial support of ₹15,000 crore for Andhra Pradesh.
– New airports, medical facilities, and sports infrastructure for Bihar.

Economic Outlook:
– Inflation is moving towards the target of 4%.
– India’s economic growth is seen as an exception and is doing well.
– Focus on creating jobs and boosting consumption, benefiting sectors like consumer goods, real estate, and autos.

Nine Priority Areas: Agriculture, Employment, Inclusive Development, Manufacturing and Services, Urban Development, Energy, Infrastructure, Innovation and R&D, and Next Generation Reforms.

Women-Led Development: Over ₹3 lakh crore is allocated for schemes benefiting women and girls.

Social Welfare: The PMGKAY (Pradhan Mantri Garib Kalyan Anna Yojana) will be extended for five years, helping over 80 crore people.

Digital and Technological Advancements: Development of Digital Public Infrastructure (DPI) applications for credit, e-commerce, law and justice, and corporate governance.