Quote on Gold 27th March 2026 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Gold 27th March 2026 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
“Gold remained slightly positive, trading above $4425 with highs near $4475, supported by initial optimism around US–Iran talks. However, the sharp rise in crude continues to signal underlying market stress and inflation risks.
On MCX, gold held firm above Rs.144500 (+1.46%), largely aided by rupee weakness, which is cushioning domestic prices.
Despite the bounce, sentiment remains cautious as macro triggers still favor higher interest rates.
Technically, support is seen near Rs.142000, while resistance is placed around Rs.146500.
Overall, gold is likely to stay volatile with limited upside unless clarity emerges on inflation and geopolitics."
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