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

2025-03-07 04:54:43 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 continues to face strong resistance at $2915-$2,925 in COMEX, while in MCX, 86400 remains a key resistance level, with support at Rs.84,500-Rs.84,000, a minor correction of Rs.400 brought. Today's US key Economic data, Nonfarm Payrolls, and Unemployment data, volatility is expected to persist. The gold trading range remains between Rs.84,000-Rs.86,500."

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

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