Quote on Gold 03rd December 2025 by Jateen Trivedi, VP Research Analyst

2025-12-03 05:05:24 pm | Source: LKP Securities Ltd

Quote on Gold 03rd December 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

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Below the Quote on Gold 03rd December 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

“Gold traded positive in MCX with gains of Rs.500 at Rs.1,30,275 as the rupee slipped to 90.25 levels amid uncertainty over the India–US trade deal and record-high bullion and metal prices. Comex Gold held near $4,200 in a tight intraday range between $4,228 and $4,200. ADP Nonfarm Payrolls and the Core PCE Price Index remain key triggers this week. Rupee weakness continues to give MCX Gold an additional lift, but the current zone is overbought and a retracement toward the Rs.1,27,000 support cannot be ruled out."

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Quote on Gold 03rd December 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

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