2024-10-29 05:04:30 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 in MCX remained positive, rising above Rs.78,750, with Dhanteras adding enthusiasm for long positions. More buying occurred on this auspicious day, pushing prices up by over Rs.200 on MCX and trading above Rs.80,000 in the physical jewelry market. Upcoming U.S. economic data, including NFP and unemployment reports, may influence gold's movements, with major support at Rs.77,000 and immediate resistance at Rs.81,500."
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