Titan Company reported a 19% year-on-year growth in revenue for the first quarter of FY26, buoyed by strong sales in its core domestic jewellery segment and a continued rise in gold prices. This marks a significant acceleration from the 9.3% growth reported in the same quarter last year

The recent surge in gold prices, driven by U.S. Federal Reserve interest rate cuts and geopolitical tensions, has led to a sharp decline in physical demand across major global markets. Despite a temporary boost in India following an import duty cut, the overall trend shows consumers pulling back as prices hit record highs, prompting many to sell their holdings and profit from the rally

On the Multi Commodity Exchange (MCX), the price of gold soared by over Rs.1,000 per 10 grams, reaching a fresh high of Rs.73,461 per 10 grams

96 Jewellery pieces from 51 companies are nominated for grand jury round

Gold price surged by Rs. 210 and closed at Rs. 17,825 per ten grams on Saturday as compared to Friday's closing level of Rs. 17,615.