Muthoot Finance, Manappuram, other gold financier stocks jump up to 4% as gold prices rise above Rs 1.58 l
- Posted on August 20, 2026
- By Business News Today
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- 1 min read
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Muthoot Finance, Manappuram, other gold financier stocks jump up to 4% as gold prices rise above Rs 1.58 l
Shares of gold loan companies Muthoot Finance, Manappuram Finance and IIFL Finance rose as much as 4% as gold prices surged following the US Treasurys decision to increase longer-dated bond buybacks. Rising gold prices can boost the value of collateral pledged against gold loans.
