( ABG ), it has declared a takeover offer for all shares of Tusker Gold Ltd (T66). Gold is on the rise in morning trade, gaining ground as worries about repercussions of the SEC suing Goldman Sachs subsided on the one hand, and expectations of inflation increase on the other. India, which is a major gold buyer, raised interest rates for the second time this month, and that has boosted the allure of the yellow metal as a hedge against inflation.