Gold prices have significantly declined from their April peak due to easing geopolitical tensions and a US-China trade deal. MCX Gold June futures hit a low of Rs 92,975/10 grams, while silver contracts saw a slight increase. Analysts suggest monitoring volatility and recommend buying silver on dips, advising caution with gold trading in the current market conditions.
BofA initiates coverage on Polycab, KEI with buy ratings; sees up to 22% upside
BofA expects India’s wires and cables industry to grow at a 14% compound annual rate between FY26 and FY29, supported by spending on infrastructure, renewable