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
Trump to double steel tariffs to 50 pc from next week
Centre directs IndiGo to end aircraft lease pact wit...
CM Naidu eyes 15 per cent economic growth for Andhra...
Strong GDP growth reinforces India`s position as fas...
Centre okays additional Rs 81,735 crore as tax devol...
Manohar Lal seeks ADB support for model projects to ...
Common compute capacity surpasses 34,000 GPUs in Ind...
Goverment succeeds in keeping fiscal deficit in chec...
Government extends additional UPS benefits to NPS r...
Dhaniya, Jeera, and Turmeric June 2025 by Amit Gupta...
