2025-03-24 05:15:42 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 remained positive in the spot market, gaining $10 to trade at $3,028, but stayed flat in the domestic market at Rs.87,750 due to rupee appreciation, which limited the upside. The strength in the rupee continues to act as a minor hurdle for domestic gold prices. In the week ahead, key US economic data, including the PCE price index, Manufacturing PMI, and Services PMI, will play a crucial role in determining market direction. The expected trading range for gold is Rs.87,000–Rs.88,500."
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
Evening Roundup : Daily Evening Report on Bullion, B...
Quote on Post market comment for Thursday February 5...
Max Healthcare Institute gains on reporting 26% rise...
India?s single specialty hospital market likely to g...
Indian Oil's net profit surges nearly 60 pc in Q3 FY...
Indian Oil`s net profit surges nearly 60 pc in Q3 FY...
Addressed power deficiency by adding 289.6 GW fresh ...
Commodity Research - Daily Evening Track - 05-Feb-20...
Ensuring energy security of 1.4 billion Indians rema...
Quote on Union Budget 2026 - AI and Data Centres by ...
