Quote on Gold 07th November 2025 from Jateen Trivedi VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Gold 07th November 2025 from Jateen Trivedi VP Research Analyst - Commodity and Currency, LKP Securities
"Gold prices traded in a flat range this week near Rs.1,21,000 per 10 grams as the US dollar remained weak around the 100 mark, while Comex gold held firm above $4,000, keeping MCX prices supported at Rs.1,21,111. A weak rupee also contributed to the positive tone in domestic prices. In the coming week, market participants will closely track speeches from Federal Reserve members and CPI data from both the US and India. Gold is expected to remain range-bound and volatile between Rs.1,18,500 and Rs.1,24,000."
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