Gold and silver prices surged as investors sought safe-haven assets amid dollar index weakness and global uncertainties. MCX gold October futures hit Rs 1,02,226/10g on Friday. Strong demand, geopolitical risks, and tariff concerns continue to support bullion’s upward momentum.
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.