Gold and silver prices moved down on Thursday as a firmer US dollar weighed on bullion demand. On the MCX, silver fell over Rs 2,000 per kg while gold declined marginally. Analysts expect continued volatility amid currency fluctuations, geopolitical tensions and crude oil price movements, advising investors to wait before initiating fresh positions.
Muthoot Finance approves Muthoot Money merger to create larger gold loan business
In a move to strengthen its market position, Muthoot Finance plans to incorporate Muthoot Money, its wholly-owned subsidiary, into its operations. This merger is designed