Quote on Gold 10th November 2025 from Jateen Trivedi VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Gold 10th November 2025 from Jateen Trivedi VP Research Analyst - Commodity and Currency, LKP Securities
"Gold gained Rs.2,000 or 1.60% to trade near Rs.1,23,000, supported by Comex gold at $4,075 as weak dollar cues and positive sentiment following the reopening of the US government lifted prices. The focus now shifts to key inflation data — CPI and Core CPI in the US, and CPI & WPI inflation data in India — which will guide short-term market direction. Rupee volatility between 88.45–89.50 could add to fluctuations in MCX gold. The broader trend remains positive, with price expected to move within a range of Rs.1,22,000–Rs.1,24,500."
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