Quote on Gold 23rd December 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Gold 23rd December 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
“Gold traded firmly positive, gaining Rs.1,500 to trade near Rs.1,38,250 on MCX, while Comex gold advanced by $40 to around $4,485, supported by a softer dollar and rising expectations of further rate cuts. Despite entering overbought territory after the recent sharp rally, the broader trend remains intact. As long as prices sustain above the Rs.1,32,000 zone, gold is likely to retain its bullish bias, with any short-term pullbacks being viewed as corrective rather than trend-reversing."
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