Quote on Gold 18th September 2025 by Jateen Trivedi, VP Research Analyst

2025-09-18 05:49:56 pm | Source: LKP Securities Ltd

Quote on Gold 18th September 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

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Below the Quote on Gold 18th September 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

"Gold opened weak as participants booked profits ahead of the Fed’s policy decision, but soon recovered with support from rupee weakness, lifting MCX Gold to Rs.1,09,775 from lows of Rs.1,08,700. Comex Gold also rebounded from $3,633 to $3,670, aiding the recovery. Volatility is expected to remain high, with profit booking at higher levels and strong buying support on dips. Gold range is seen between Rs.1,07,500–Rs.1,11,000."

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Quote on Gold 18th September 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

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