Senco Gold shares surge following robust quarterly business performance

Shares of Senco Gold recorded their strongest single day gain in over 20 months after the company reported a robust quarterly business update. Improved demand conditions and operational efficiency supported investor confidence. Analysts highlighted that sustained momentum will depend on consumer spending trends and gold price stability in the coming quarters.

Authorities are reportedly considering mandatory hallmarking for silver, similar to existing gold regulations. The move aims to enhance consumer protection and standardisation as silver prices hit record levels. Industry participants expect improved transparency but caution about compliance costs for smaller jewellers. The proposal reflects growing regulatory focus on precious metals markets.