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."
Above views are of the author and not of the website kindly read disclaimer
More News
Perspective on Crude Oil Prices by Mr. NS Ramaswamy, Head of Commodities & CRM at Ventura
