Gold surged to a record high as the US Justice Department threatened the Federal Reserve with a criminal indictment, while escalating protests in Iran heightened geopolitical tensions. This, coupled with expectations of further US interest rate cuts, boosted bullion’s appeal. Silver also neared its all-time peak, reflecting broader market uncertainties.
Laurus Labs shares rally over 4% as Q1FY27 profit jumps 126% on strong CDMO growth
Laurus Labs reported a strong June-quarter performance, with net profit more than doubling and revenue rising 29% year-on-year, driven by robust growth in its CDMO