Quote on Gold by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Gold by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Gold traded weak and remained volatile within a range, with Comex gold fluctuating between $2,920 and $2,935. In MCX, gold moved between Rs.85,900 and Rs.85,400, with rupee weakness supporting prices above Rs.85,350 despite a flat dollar index. Market participants will focus on upcoming manufacturing, services, and existing home sales data, which may add to gold’s volatility in the evening session."
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