Gold Falls Below $4,000/Ounce, Manappuram and Muthoot Shares Slip Near 3%

Gold prices, which had recently been supported by central bank purchases, ETF inflows, and global economic factors, fell below the $4,000/ounce mark on October 10, 2025. This decline influenced the performance of gold finance companies, with Manappuram Finance and Muthoot Finance experiencing a drop in their share prices, reflecting the close link between commodity movements and gold lending businesses.

Impact on Gold Finance Stocks

Manappuram Finance Limited closed at ₹284.90 on Friday, down 3.18% from its previous close of ₹294.25. The stock opened at ₹293.00, reached a high of ₹295.00, and fell to a low of ₹282.80 during the session, with an indicative close of ₹284.70 and a VWAP of ₹285.51.

Similarly, Muthoot Finance Limited ended the day at ₹3,157.80, reflecting a 2.82% decline from its prior close of ₹3,249.50. The stock opened at ₹3,233.00, touched a high of ₹3,240.00, and dropped to a low of ₹3,150.50, with an indicative close of ₹3,156.10 and a VWAP of ₹3,176.08.

The drop in gold prices contributed to the decline in these stocks, showing the strong correlation between commodity prices and the performance of gold finance companies.

Key Market Factors

• Global gold prices influenced by central bank purchases and ETF inflows.
• Geopolitical tensions and tariff-related uncertainties affect investor sentiment.
• Expectations of U.S. interest rate adjustments can drive short-term gold movements.

Read More: Dhanteras 2025: How to Buy Digital Gold?

Conclusion

The movement in gold prices on October 10, 2025, had a direct effect on gold finance stocks, including Manappuram and Muthoot. Investors in these companies may monitor global gold trends and macroeconomic indicators to gauge future stock performance.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.