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
US tariffs: Textiles, gems and jewellery to face pre...
Lee Jae Myung pledges to support US push to revitali...
US officials hold talks on energy deals with Russia
Apple`s iPhone 17 launch set for September 9 with ma...
Centre sets ball rolling for 4 new flyovers in Gurug...
Infra sector outlook strong as 42 pc of India's popu...
SAIL beefs up Indian Navy warships with critical-gra...
Indian Post Payment Bank registers 60-70 pc CAGR in ...
Mumbai among world`s top prime residential markets w...
62 pc of Indian SMEs expect sales growth in Q2 FY26
Tag News
Quote on Gold 26th August 2025 from Jateen Trivedi, VP Research Analyst - Commodity and Curr...
Quote on Gold and Crude 26th August 2025 by Kaynat Chainwala, AVP - Commodity Research, Kotak Securities
Perspective on Economy, Gold & Oil Prices by by Ms. Riya Singh, Emkay Global Financial Services
Quote on Gold 25th August 2025 from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
