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

2025-09-11 03:48:27 pm | Source: LKP Securities Ltd

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

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

"Gold prices saw minor profit booking from highs of $3640 and Rs.1,09,000 as anticipation builds ahead of next week’s Fed policy, with uncertainty over a 0.25% or 0.50% rate cut. After a sharp 10% rally in the last 15 sessions, prices are showing exhaustion near $3650 and Rs.1,09,000. Key supports lie at Rs.1,05,000–Rs.1,06,500, while Rs.1,09,500 remains stiff resistance. Focus now shifts to today’s US CPI data (11 Sept), which will set the tone for near-term momentum."

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

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