Quote on Gold by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

2025-02-18 04:22:10 pm | Source: LKP Securities Ltd

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 continued its positive trend as Comex gold held strong near $2,910, driven by persistent global uncertainty over tariffs. With banks and funds maintaining high allocations to the safe-haven asset, gold remains well-supported. In MCX, prices are expected to stay volatile within the Rs.84,500-Rs.85,900 range. Key events like Trump’s speech on Wednesday, along with the Federal Reserve and RBI meeting minutes, will add to the market's volatility in the coming sessions."

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Quote on Gold by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

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