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July 01, 2025

Gold Rate Today: Yellow metal rises to Rs 96,790/10 gms on weaker dollar, tariff uncertainty ahead of July 9 deadline

Gold prices surged on Tuesday, supported by a weaker dollar and heightened uncertainty over U.S. President Donald Trump's tariff policies ahead of the July 9 deadline, driving investors toward safe-haven assets.At 10:13 am, August gold futures on the Multi Commodity Exchange (MCX) were trading at Rs 96,788 per 10 grams, up Rs 713 from the previous close. Meanwhile, August silver futures rose by Rs 459 or 0.43% to Rs 1,06,696 per kg.In the global market, Spot gold was up 0.4% at $3,315.26 per ounce, as of 0229 GMT, while U.S. gold futures rose 0.6% to $3,326.50.The U.S. dollar index fell 0.1% to a more than three-year low, making bullion more affordable for holders of other currencies.Trump expressed frustration with U.S.-Japan trade negotiations on Monday as U.S. Treasury Secretary Scott B

July 01, 2025

Gabriel India share price surges 20%; hits 52-week high

Gabriel India share price soared 20% to Rs 842.75 in Tuesday's early trade following the company’s announcement of a strategic restructuring plan aimed at consolidating operations and enhancing long-term growth.On June 30, 2025, the Board of Directors of Gabriel India Limited (GIL) approved a composite scheme of arrangement involving the company and two group entities — Asia Investments Private Limited (AIPL) and Anchemco India Private Limited (formerly Andasia Private Limited).As part of the scheme, Gabriel will absorb the automotive business undertaking of AIPL, which includes Anchemco’s operations in brake fluids, radiator coolants, diesel exhaust fluid (DEF/ad-blue), and PU/PVC-based adhesives. The demerger will also include AIPL's strategic investments in Dana Anand India Privat

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