Quote on Gold 16th December 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Gold 16th December 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
“Gold prices remained volatile as early trade witnessed profit booking, with Comex gold slipping towards the $4,275 level and staying under pressure. However, domestic prices found support from a weak rupee, limiting losses in MCX gold to around 0.40% compared with a sharper 0.70% decline in Comex. Market focus has now shifted firmly to key U.S. economic indicators due later this week, particularly the Non-Farm Payrolls and Core PCE Price Index, which are expected to drive the next directional move. In the near term, gold is likely to trade in a volatile range of Rs.1,31,000–Rs.1,35,000."
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