Quote on Gold 29 July 2025 by Jateen Trivedi, VP Research Analyst

2025-07-29 06:01:07 pm | Source: LKP Securities

Quote on Gold 29 July 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

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Below the Quote on Gold 29 July 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

"Gold prices traded slightly higher at Rs.97,900 with gains of Rs.350, while Comex gold rose by 0.30% to $3,325 amid the ongoing two-day U.S. Federal Reserve policy meeting. With key U.S. economic data—ADP Non-Farm Employment Change, Non-Farm Payrolls, Unemployment Rate, and GDP—lined up this week alongside the Fed's rate decision, price action is expected to remain volatile. Gold is likely to move within the range of Rs.97,000–Rs.98,650 in the near term."

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Quote on Gold 29 July 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

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