Quote on Gold 09 July 2025 by Jateen Trivedi, VP Research Analyst

2025-07-09 05:30:08 pm | Source: LKP Securities Ltd

Quote on Gold 09 July 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

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Below the Quote on Gold 09 July 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

"Gold traded weak by another Rs.400 to hover near Rs.96,000 as Comex gold slipped below $3,300, pressuring global sentiment.
While MCX gold received limited support from a weaker rupee, the broader trend remains bearish as the U.S. extended its tariff timeline, giving room for trade deal negotiations and easing safe-haven demand. Gold is expected to remain volatile with a trading range seen between Rs.95,000 and Rs.96,500."

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Quote on Gold 09 July 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

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