Quote on Gold 19th January 2026 from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Gold 19th January 2026 from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
“Gold traded positive once again as rupee weakness below 90.90 supported domestic prices, while fresh geopolitical concerns added to safe-haven demand. Trump’s announcement of a 10% tariff on EU nations has revived uncertainty around global trade and raised questions over the progress of the US–India trade deal. Additionally, geopolitical risks emanating from the US, including Greenland coming into focus, have elevated global risk sentiment. In such an environment, gold continues to remain a preferred allocation, with any minor profit booking being viewed as a buying opportunity."
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