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Business

Muthoot, Manappuram Finance shares jump up to 7% in 2 days as gold crosses Rs 1.6 lakh/10 gm

The Economic Times · 21 August 2026 at 11:28 am

Gold loan stocks Muthoot Finance, Manappuram Finance and IIFL Finance gained up to 7% in two sessions as gold prices crossed Rs 1.6 lakh per 10 grams on the MCX.

A weaker dollar and the US Treasury’s bond-buyback move supported gold prices, boosting sentiment around gold-backed lending companies.

Read the full article on The Economic Times ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.

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