Quote on Gold 14 July 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Gold 14 July 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Gold prices saw a positive trend with gains of Rs.550 at Rs.98,350 as renewed global tariff tensions kept the outlook firm. With the US imposing additional tariffs on trade partners on Euro Canada Mexico etc from US, dollar index broad weakness, and a recent weak rupee, making bullion a preferred safe-haven. Uncertainty remains elevated, driving safe-haven demand for gold. This week’s key US CPI data will be closely watched by participants. Technically, gold holds a positive bias as long as it trades within the broader range of Rs.97,500–Rs.99,500."
Above views are of the author and not of the website kindly read disclaimer
Tag News
Views on Gold 14th July 2025 By Pranav Mer, Vice President, EBG - Commodity & Currency Resea...
