31-10-2024 04:43 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 prices witnessed slight profit-taking as traders preferred to secure gains from recent rallies ahead of Friday’s key events—the Non-Farm Payroll (NFP) and unemployment reports. Currently trading around Rs.79,400 in MCX, gold faces resistance at Rs.79,600, while Comex shows a hurdle near $2,790. The upcoming U.S. election next week is expected to be a decisive factor for gold’s trend, with market participants closely watching its outcome for further direction."
Above views are of the author and not of the website kindly read disclaimer
Latest News
Rahul Rawail shares personal memories of Raj Kapoor ...
Standing at work can actually be detrimental to BP
``Did not want to go predictable side: Manish Malhot...
Women and Wealth: Breaking Barriers to Financial Ind...
``It's my attitude towards failure that brought me h...
`Best film?` Shoojit Sircar hails Abhishek Bachchan`...
``After ?Saali Mohabbat`?``, Manish Malhotra reveals...
Astro Zindagi: Weekly Horoscope
PM Narendra Modi slams Congress as `ParParty`, says ...
Maharashtra:``I am very happy?``SP's Abu Azmi after ...