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Surging gold prices drive record margins despite mining costs rising 16% in Q1'26: World Gold Council

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Gold producers achieved record margins and cash flows in early 2026. Rising royalty payments significantly increased mining costs during this period. Despite higher expenses, gold prices surged to historic highs. Miners maintained capital discipline, returning substantial funds to shareholders. Supply chain disruptions are expected to further impact costs in the next quarter.


Wholesale milk prices in Mumbai to rise ₹9 per litre to cross ₹100 from Sept 1

Starting on September 1, Mumbai's milk wholesale prices are set to surge by ₹9 per litre, a change driven by increased operating expenditures for dairy farmers. This new pricing structure will be maintained for six months, necessitating local vendors and dairies to revise their retail costs. As a result, businesses reliant on milk will also incur higher input expenses.

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