Quote on Gold 26th August 2025 from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Gold 26th August 2025 from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Gold prices witnessed a range-bound yet volatile session, posting a gain of $6 on Comex and Rs.200 on MCX, settling near $3372 and Rs.100,850 respectively. The market focus now shifts to next week’s US unemployment data and non-farm payrolls, which, along with expectations of a September Fed rate cut, are likely to keep gold supported. Meanwhile, geopolitical tensions surrounding the Russia-Ukraine conflict and ongoing peace talks continue to add volatility. Overall, gold maintains a positive bias with an expected trading range of Rs.99,000–Rs.1,02,000."
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