2025-03-27 05:20:08 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 prices surged near $3,050 in Comex as expectations of lower US GDP data and the anticipated reciprocal tariffs from the US on April 2, 2025, fueled uncertainty. Additionally, new threats from the US towards the Eurozone over potential support for Canada have heightened market risks, further boosting safe-haven demand. In the domestic market, MCX Gold traded positively with gains of Rs.750 at Rs.88,400. With rising uncertainty, the price range has shifted higher to Rs.87,000-Rs.89,250."
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
Gold loses this week as US Fed remains hawkish
Buy Aster DM Healthcare Ltd For Target Rs.700 by Pr...
Buy J.B. Chemicals & Pharmaceuticals Ltd For Target...
Watershed moment for Assam as National Waterway-57 i...
Buy Sun Pharmaceutical Industries Ltd For Target Rs....
PM Narendra Modi`s efforts making India strong, self...
Accumulate Hindustan Unilever Ltd For Target Rs.2,6...
Brent crude price may surge to $80 amid US-Russia te...
Accumulate Emami Ltd For Target Rs.683 by Prabhudas...
NFDC launches free residential VFX, animation traini...
More News
India?s Oilmeal Exports Drop 12% in FY2024-25 Amid Weak Demand by Amit Gupta, Kedia Advisory
Quote On Gold and Crude by Kaynat Chainwala, Senior Manager - Commodity Research, Kotak Securities
Gold Slides to $3,300 as Dollar Gains, Risks Loom by Amit Gupta, Kedia Advisory
Quote on Daily gold commentary by Mr. Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial services Ltd