Quote on Gold 09th December 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Gold 09th December 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
“Gold traded positive with Comex gaining $16 or 0.40% at $4,208, while MCX gold rose marginally by Rs.130 to Rs.1,30,100 as rupee strength capped domestic upside. Markets remain focused on this week’s Federal Reserve policy, where a 0.25% rate cut is already priced in, but the statement, forward guidance, and economic outlook will drive fresh momentum. With Powell nearing the end of his term, expectations around the longer-term easing cycle continue to keep the broader outlook constructive for gold and silver. Gold is expected to trade in the Rs.1,28,000–Rs.1,31,500 range ahead of the policy event."
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