Quote on Gold 29th December 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Gold 29th December 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
“Gold traded weak with a decline of around Rs.1,500 to Rs1,38,300 on MCX, while Comex gold slipped by nearly $70 to $4,463 amid high volatility. Profit booking emerged after Comex failed to sustain above the $4,550 zone, while Rs1,40,500 acted as a resistance area in MCX. The broader trend remains volatile as markets reassess positions after the recent sharp rally. This week, the Federal Reserve’s meeting minutes will be a key trigger, while the U.S. holiday period could keep trading volumes relatively thin. Gold is expected to remain volatile in the range of Rs 1,35,000–Rs1,42,000 in the near term."
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