Quote on Gold 24th November 2025 from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Gold 24th November 2025 from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Gold prices opened weak, falling by about Rs 900 to Rs 1,22,750, as a stronger rupee and softness in Comex gold near $4,045 pressured domestic prices. With volatility already high, the market now looks to upcoming U.S. economic data releases after the government Economic data release. However, hopes of a Federal Reserve rate cut in December are limiting the downside for bullion. Gold is expected to remain volatile within a range of $4,025–$4,085 on Comex and Rs 1,21,500–Rs 1,25,000 on MCX."
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