2025-02-05 05:23:55 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
"Rupee weakened below 87.40 down by 0.35rs as China’s counter-tariffs on the U.S. fueled fears of an extended tariff war, adding pressure to emerging market currencies. Despite the dollar index easing below 108$ in recent days, rupee weakness persisted due to trade uncertainty and continued FII outflows.
Going forward, rupee is expected to weaken towards 87.75, with any pullback facing resistance near 87.15. Market participants will closely watch further tariff escalations and their impact on global risk sentiment."
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
Mega development projects are for future, not approv...
India's auto demand remains resilient in June
Piyush Goyal asks toy makers to target 10x exports, ...
Centre hikes onion procurement price by 13 pc to Rs ...
No full closure of Srinagar internationa'l airport t...
Gold posts 1st weekly gain since May as US Fed rate ...
Landmark India-Israel bilateral investment pact come...
Franchise vs Startup: Which Business Model Is Right ...
India`s aviation sector sees recovery in internation...
Adventure Riding Essentials: Everything You Need for...
More News
Quote on Gold by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
India`s Palm Oil Imports Hit 5-Year Low as Soyoil Surges by Amit Gupta, Kedia Advisory
Global Wheat Imports Decline Amid Higher Local Output, Economic Strains by Amit Gupta, Kedia Advisory
Quote on Gold 22nd December 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities