Gold Prices in India:
In recent days, social media has been filled with messages claiming that gold prices will drop soon. Many posts suggest that the upcoming GST 2.0 system will reduce the price of gold after September 22. But experts say these claims are not true, and people should not believe such rumors.

Gold Prices in India:
India is about to implement a new GST structure from September 22, 2025. The government has reduced the number of tax slabs from four to two—5% and 18%. Earlier, GST had four rates: 5%, 12%, 18%, and 28%. Under the new system, most items from the 12% slab will move into the 5% slab, while many items from the 28% slab will shift to 18%. This is expected to make several goods cheaper during the festive season.

Taking advantage of this news, some people are spreading false information that gold prices will also fall. They argue that since GST rates are being reduced, the price of gold will automatically come down. However, analysts have clarified that there is no change in GST rates on gold.

Currently, gold attracts 3% GST, while making charges are taxed at 5%. Gold coins and bars also have 3% GST. These rates have been the same for many years and will remain unchanged even under GST 2.0. This means gold will not become cheaper due to the new GST rules.

As of now, the price of 24-carat gold in Hyderabad is around ₹1,14,300 for 10 grams, while 22-carat gold is trading at ₹1,05,840 for 10 grams. Experts believe there are no signs of prices coming down soon.

With festivals like Dussehra and Diwali approaching, demand for gold usually increases, which may keep prices high. Therefore, buyers are advised not to trust misleading social media posts and should plan purchases carefully.

In short, GST 2.0 will benefit many goods, but gold is not one of them. The tax on gold remains the same, and prices are expected to stay firm in the near future.

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