In a significant expansion drive, prominent jewellery retailer Malabar Gold has announced plans to invest Rs.

Muthoot Finance share price jumped 4.4 percent on Monday as the company announced that its assets under management cross INR 1 trillion.

Gold prices in New Delhi were at Rs 8,797 per gram for 24 karat gold, Rs 8,065 per gram for 22 karat gold as international market prices were range-bound.

Gold (XAU/USD) is currently riding strong bullish momentum, approaching $2,800, a critical psychological resistance level. This rally has been fueled by weakened U.S.

Kolkata-based jewellery retail giant Senco Gold Limited has successfully raised Rs 459 crore through a Qualified Institutions Placement (QIP), allocating 40.8 lakh equity shares at Rs 1,125 each.

Motilal Oswal Financial Services reaffirms its “BUY” recommendation for Senco Gold (NSE: SENCO) with an upgraded price target of Rs.