Reserve Bank of India cuts Repo Rate by 35 basis points to 5.40% and the Reverse Repo rate at 5.15%. RBI trims GDP growth forecast for current fiscal to 6.9% from 7% previously predicted.

RBI maintains accommodative stance for monetary policy; says inflation to remain within targeted band. CPI inflation is projected at 3.1 per cent for Q2 FY20 and 3.5-3.7 per cent for H2 FY20.

Gold Rate

02 july 2025

Gold 24 KT 97,500 /-

Gold 22 KT 90,700 /-

Silver/Kg 1,06,600/-

Platinum 44,000/-

Recommended rate for Nagpur sarafa Making charges minimum 13% and above

More details awaited.