Tag
Gold Prices
5 articles
Gold prices face headwinds as expectations of further Federal Reserve interest rate hikes intensified following a stronger-than-expected August jobs report, pushing spot prices lower. Rising tensions in the Middle East, fueled by U.S.-Iran military strikes, provided some support through higher oil prices. Despite these pressures, central banks and entities like the People’s Bank of China continue to accumulate gold reserves, while Indian jewelers like Shanti Gold and Eighty Jewellers are experiencing robust revenue and profit growth driven by strong domestic demand and capacity expansions. The premature redemption of Sovereign Gold Bonds at ₹15,334 per unit also reflects the current market value of gold.
Gold Gains 0.5% as Treasury Yields Fall, Oil Rises
Gold spot rose 0.5% to $4,177.25/oz, futures up 0.1% to $4,207.55/oz, offset by higher oil and yields.
US 10‑year Treasury yield fell 6.5 bps to 5.246% and 30‑year slipped 2.3 bps to 5.616% after rall
Augmont Q1 FY27 Revenue Up 30% YoY
Augmont Enterprises reported Q1 FY27 unaudited results with revenue of ₹18,945.58 Cr, up 30% YoY, and PAT of ₹60.85 Cr.
The company operates India's largest gold platform with 50.6M users, 284 TPA ref
Shankesh Jewellers Q1 FY27 Revenue Jumps 55%
Shankesh Jewellers held its maiden earnings call post-listing, discussing Q1 FY27 results.
Revenue grew 55% YoY to ₹424 crore, with PAT surging 100% YoY to ₹43 crore.
Management highlighted an asset-l
Lalithaa Jewellery Q1 Revenue Up 26% YoY
Lalithaa Jewellery reported Q1 FY2027 revenue of ₹6,035 crore, a 26% year-on-year increase.
Profit after tax declined 22% to ₹208 crore with EBITDA margin contracting to 6.2% from 9.2%.
The company di
U.H. Zaveri FY26 Revenue Up 37% to ₹43.45 Crore
U.H. Zaveri Limited announced its 9th AGM on September 28, 2026, to be held virtually, with a cut-off date of September 22, 2026 for shareholder voting eligibility.
FY26 financial results show revenue