Quote on Gold 25th June 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Gold 25th June 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Gold traded in a narrow range around Rs 97,220 in MCX, as Comex prices remained steady between $3,320 and $3,335 following sharp profit booking over the past two sessions. Investors are now awaiting the next key triggers, which include Fed Chair Jerome Powell’s testimony, along with US GDP data and the Core PCE Price Index, both crucial indicators for the Fed’s interest rate outlook.
With uncertainty ahead of major US economic data, gold is expected to remain volatile in the short term. The expected trading range for Gold is Rs 96,000 to Rs 98,500."
Above views are of the author and not of the website kindly read disclaimer
.jpg)
More News
Quote On Gold and Crude by Kaynat Chainwala, AVP-Commodity Research, Kotak Securities
