Quote on Gold 27th October 2026 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Gold 27th October 2026 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Gold traded weak, declining around Rs750 to Rs1,42,300, as dollar strength and continued weakness in COMEX Gold kept prices under pressure, with international prices hovering near $4,000. Market participants remain cautious ahead of the US Federal Reserve’s policy decision on 28 October, with the rate decision and forward guidance likely to determine the next directional move. Any indication regarding the future interest-rate trajectory will be closely monitored for its impact on the dollar and bullion. Going ahead, domestic gold prices are expected to remain volatile, with a range of Rs1,40,000–Rs1,44,500 in the near term."
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