After reaching unprecedented heights, silver prices have nosedived 17%, a shift driven by increased availability in London and investors cashing in. Gold, too, shows signs of a subtle retreat. However, experts remain positive about the future of both metals, pointing to ongoing industrial demand and their enduring appeal as safe-haven options for wary investors.
Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growth
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.