Quote on Gold 13th February 2026 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Gold 13th February 2026 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
“Gold traded positive in early session but overall tone remains volatile to weak after yesterday’s sharp sell-off from Rs1,58,000 to Rs1,54,000, as prices failed to sustain above the Rs1,60,000 mark. Resistance is now firmly placed near Rs1,60,000, and if gold continues to trade below Rs1,56,000, a retest of the Rs1,51,000 support zone cannot be ruled out.
All eyes are on U.S. CPI data this evening, as inflation numbers will heavily influence the Fed’s rate-cut timeline and determine the next directional move in gold."
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