2025-03-13 04:40:10 pm | Source: LKP Securities Ltd
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 posted weekly gains, rising 1.30% in Comex and 1% in MCX, supported by dollar weakness below 103.75 and softer-than-expected CPI data, which reinforced expectations of interest rate cuts in both the US and India. The positive momentum in gold remains intact, but tariff discussions will keep volatility elevated. Any resolution on tariffs could trigger profit booking in gold. The expected price range for the coming sessions is between Rs 84,500 and Rs 87,500."
Above views are of the author and not of the website kindly read disclaimer
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Nifty, Bank Nifty and Stocks to watch out 12.07.202...
FUJIFILM India Expands Print Portfolio in India with...
Nifty, Bank Nifty and Stocks to watch out 12.07.2025...
Max Healthcare and Aston University Joined Hands to ...
Swastika Investmart Rings the Bell on 30 Years of BS...
Major Capital Investment Projects launched in Meghal...
Favourable agricultural output, easing inflation to ...
Indian Bank launched a bouquet of banking products: ...
Bharti AXA Life Insurance launches `Guaranteed Bacha...
India`s life insurance industry to grow at 10-12 pc ...
