Quote on Gold 11 June 2025 by Jateen Trivedi, VP Research Analyst

2025-06-11 05:14:03 pm | Source: LKP securities Ltd

Quote on Gold 11 June 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

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Below the Quote on Gold 11 June 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

"Gold Holds Firm as Dollar Weakens; CPI Data in Focus

Gold prices remained steady as the dollar index stayed subdued below the 99 mark. Investors are eyeing the upcoming US CPI data due Wednesday evening, which is expected to trigger increased volume and volatility. The inflation reading will likely guide the next directional move in gold, with key levels to watch at $3360 on the upside and $3300 on the downside. Major technical support is seen near $3290, while resistance stands at $3375."

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Quote on Gold 11 June 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

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