Quote on Gold 31th July 2025 by Jateen Trivedi, VP Research Analyst

2025-07-31 04:23:56 pm | Source: LKP Securities Ltd

Quote on Gold 31th July 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

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Below the Quote on Gold 31th July 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

"Gold prices traded in a volatile range between 99250-98750 and showed weakness after the U.S. Federal Reserve maintained a hawkish stance, signaling no intent to cut interest rates in the near term amid ongoing tariff concerns. The lack of dovish cues kept upside in check, while participants now turn their focus to Friday’s U.S. Non-Farm Payrolls and Unemployment data for further direction. The expected range for gold is Rs.98,000–Rs.99,500."

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Quote on Gold 31th July 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

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