Quote on Gold 02 July 2025 by Jateen Trivedi, VP Research Analyst

2025-07-02 03:43:20 pm | Source: LKP Securities Ltd

Quote on Gold 02 July 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

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Below the Quote on Gold 02 July 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

"Gold traded in a narrow range as market awaits key U.S. data releases.
Comex Gold moved between $3327 – $3340, while MCX Gold traded between ?97,000 – ?97,400, with prices expected to remain in the broader range of Rs.96,500 – Rs.97,850 as participants price in potential dollar weakness and upcoming U.S. data, including Non-Farm Payrolls (NFP), ADP non-farm employment, and unemployment figures. The Dollar Index showing mild strength near 96.50 continues to cap sharp upside in gold."

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Quote on Gold 02 July 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

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