2025-11-29 01:45:45 pm | Source: LKP Securities Ltd
Quote on Gold 28th November 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Gold 28th November 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
“Gold prices traded positive with gains of Rs.600 at Rs.1,26,075 as Comex gold rose by $16 to $4,175, inching closer to the $4,200 mark. With U.S. economic data yet to flow in after the government reopening, upcoming releases will be crucial for the Fed as it prepares for the final policy meeting of 2025 on December 10 — where a rate cut is widely anticipated. This expectation continues to keep gold supported. Support is seen near Rs.1,24,000, while resistance lies around Rs.1,27,500."
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