Quote on Gold 24th February 2026 by Jateen Trivedi, VP Research Analyst

2026-02-25 09:44:24 am | Source: LKP Securities

Quote on Gold 24th February 2026 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

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Below the Quote on Gold 24th February 2026 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

“Gold traded in a range with minor weakness near Rs1,60,650 as CME Gold faced resistance around $5,175. Optimism over possible US–Iran talks on Thursday has slightly cooled risk premium, keeping prices capped at higher levels.

Support is placed near Rs1,58,000 for the April contract, while resistance remains around Rs1,62,500. Volatility is expected to stay elevated given ongoing geopolitical developments, as any escalation or breakdown in talks could quickly revive safe-haven buying."

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Quote on Gold 24th February 2026 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

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