Gold loan stocks slide as precious metal drops another ₹13,500 per 10g; Muthoot, Manappuram down up to 8%

Gold loan NBFC stocks came under severe selling pressure during a special trading session on February 1, with Muthoot Finance and Manappuram Finance falling 7.6% and 6%, respectively. Both stocks have remained under pressure in recent sessions. Muthoot Finance has corrected 10.5% over the last three trading sessions, while Manappuram Finance has declined by a…

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Gold, Silver Price Today LIVE: MCX silver crashes over ₹100,000/kg; gold down 12% — What’s next for precious metals?

Gold, Silver Price Rate LIVE: Gold and silver prices crashed during Friday’s commodity market sessions around the world after a margin hike trigger from the CME (Chicago Mercantile Exchange) Group and an aggressive profit-booking move from investors. mint reported earlier that CME Group raised the margin on gold from 6% to 8% and the margin…

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What is driving gold’s relentless rally?

BAD NEWS is good news for the price of gold. These days good news is good news, too. As President Donald Trump’s threats against America’s European allies intensified, the price of the yellow metal surged. When he abandoned those threats, it kept rising. It is already up by more than 17% this year, rising to…

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