Quote on Gold 08th Aug 2025 by Jateen Trivedi, VP Research Analyst

2025-08-08 05:26:31 pm | Source: LKP securities Ltd

Quote on Gold 08th Aug 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

News By Tags | #Gold #CommodityTips #ExpertViews #LKPSecuritiesLtd #JateenTrivedi

Below the Quote on Gold 08th Aug 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

"Gold prices traded volatile with rupee weakness supporting domestic prices, as MCX Gold settled at Rs.1,01,180 with gains of Rs.350, while Comex gold hovered around $3390 in a tight range between $3380–$3405. Going ahead, prices are expected to remain choppy as Trump's tariff stance continues to create uncertainty, especially with the India deal appearing off the table for now. Any positive movement in the rupee could limit gold’s upside. For now, gold is likely to trade in a broad range of Rs.1,00,000– Rs.1,02,500."

Above views are of the author and not of the website kindly read disclaimer

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

IGI Logo

Quote on Gold 08th Aug 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

Top News

Tag News

More News