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."
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