2025-09-29 04:44:39 pm | Source: LKP Securities Ltd
Quote on Gold 29th September 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Gold 29th September 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Gold prices surged to fresh lifetime highs, with MCX price rising Rs.1,100 to Rs.1,15,000 and Comex Gold up 1.20% at $3,814. The rally was supported by the US PCE Price Index coming in line last Friday, fueling expectations of another Fed rate cut in the upcoming meet. Outlook remains bullish with a trading range of Rs.1,13,500–Rs.1,16,500. Key focus this week will be on US Nonfarm Payrolls, ADP employment data, and RBI’s policy announcement on October 1, 2025."
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