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24 August 2026 at 2:32 pm
Summary
Gold loan stocks like Muthoot Finance and Manappuram Finance rallied up to 11% in four days as gold prices crossed Rs 1.63 lakh, driven by a weaker dollar and US Treasury liquidity support. Investors are monitoring US inflation data and Fed signals, with rising gold prices and geopolitical tensions continuing to support demand for gold-backed lending.
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