Finance Minister Nirmala Sitharaman stated that the government is closely monitoring gold prices, noting that the yellow metal typically experiences seasonal increases during festival periods, but has not exceeded certain thresholds. She made this statement while addressing a press conference following its customary post-Budget meeting with the Central Board of Directors of the Reserve Bank of India in New Delhi today. The Finance Minister added that demand for gold has increased, but remains within acceptable levels, and prices have stayed within established limits.