Quote on Gold 01st December 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Gold 01st December 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
“Gold traded strong with gains of Rs.1,500 at Rs.1,31,000, inching closer to the all-time high of Rs.1,32,250 made before Diwali. With Fed’s rate-cut expectations strengthening and U.S. debt levels sitting near historic peaks, safe-haven demand has remained robust. The pace of recovery in gold continues to surprise on the upside, even as Russia-Ukraine peace hopes emerge — reflecting the strong positioning by global central banks and institutional buyers. Gold may continue to trade in a broader positive range between Rs.1,28,000 and Rs.1,34,000."
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