Quote on Gold by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
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Below the Quote on Gold by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Gold prices remained volatile, trading between $2,380 and $2,396 in Comex, with some support due to the depreciation of the Yen against the dollar, moving from 144.50 to 147.50. Gold participants will be closely watching the weekly jobless claims data set to be released tomorrow, August 8, 2024, for a data-specific approach. The gold price range in MCX is anticipated to be between Rs.68,500 and Rs.69,300 amidst the volatility, while Comex gold is expected to trade between $2,380 and $2,410."
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