Quote on Gold 05th December 2025 by Jateen Trivedi, VP Research Analyst

2025-12-07 08:45:42 am | Source: LKP Securities Ltd

Quote on Gold 05th December 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

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Below the Quote on Gold 05th December 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

“Gold traded positive with gains of Rs.525 at Rs.1,30,650 as Comex gold held firm above the crucial $4,200 support and inched higher toward $4,224. With the US Core PCE Price Index lined up later today, participants appear to be maintaining their bullish positions on expectations of a December 10 rate cut by the Federal Reserve. Gold continues to hold strong support at $4,180, while resistance is placed near $4,255. In MCX Support is seen near 128000rs and resistance near 131500rs."

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Quote on Gold 05th December 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

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