Gold prices have corrected over 10% from record highs amid profit booking, easing geopolitical tensions, and a stronger US dollar. Despite short-term weakness, analysts say long-term fundamentals remain strong, supported by central bank buying, inflation concerns, and gold’s role as a strategic diversification asset.
RR Kabel shares jump 10% as Q1 PAT surges 129% YoY, Ebitda doubles
RR Kabel reported a strong June-quarter performance, with profit after tax surging 129% year-on-year and Ebitda nearly doubling, driven by robust growth in its Wires