Gold prices experienced a dip of Rs 400 per 10 grams on Thursday due to profit booking, following a record high of Rs 95,935. Experts remain bullish, citing ongoing uncertainties, but caution against potential hurdles like tariff agreements. Analysts suggest a ‘buy on dips’ strategy, anticipating resistance around Rs 99,000, while closely monitoring international prices and key support levels.
QSR chains face margin pressure, not demand shock: Karan Taurani on fuel and LPG impact
Rising fuel and LPG prices are impacting India’s consumption landscape unevenly. While some sectors like QSR face margin compression due to high LPG dependence, others