Gold prices plunged by nearly 20 per cent in the last two days amid extreme volatility in commodity markets.

Gold prices plunged by nearly 20 per cent in the last two days amid extreme volatility in commodity markets. The decline continued on Sunday, which coincided with Budget day, with 24-carat gold on the MCX falling to around Rs 1,36,185 per 10 grams. Nirmala Sitharaman announced that the capital expenditure target will be increased to Rs 12.2 lakh crore for FY27. The government expects the fiscal deficit to narrow to 4.3 per cent of GDP in 2026–27. The Railway Budget 2026 may focus on passenger services, freight, and safety.