Quote on Gold 21st November 2025 from Jateen Trivedi, VP Research Analyst

2025-11-23 03:07:04 pm | Source: LKP Securities

Quote on Gold 21st November 2025 from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

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Below the Quote on Gold 21st November 2025 from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

"Gold traded highly volatile as Comex gold fell 1% to $4,035, down by $41, while MCX gold rose Rs.300 due to a sharp rupee depreciation of nearly 1% from 88.70 to 89.60. The weak rupee offset global pressure, keeping domestic prices resilient. Stronger-than-expected U.S. Nonfarm Payroll data weakened expectations of a December rate cut by the Federal Reserve, weighing on global sentiment. Gold is expected to remain volatile within a range of Rs.1,20,000–Rs.1,24,000."

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Quote on Gold 21st November 2025 from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

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