15 Oct 2025 | 5 Mins Read
Gold financier stocks surge with precious metal hitting new lifetime high
Flipitmoney
Gold financier stocks rose nearly 5-7% on significant gains in gold prices. IIFL Finance, Manappuram Finance, and Muthoot Finance shares increased by 2-5%. Gold futures hit a lifetime high of Rs 1,30,401 per 10 grams. Anticipation of global downturn, trade conflicts, and potential US Fed actions fueled the gold rally, with some experts predicting a potential near-term price of $4,800/Oz.