2025-03-25 04:27:08 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 remained positive with gains of 400rs at 87750rs & 14$ at 3022$ as market participants continued to factor in risks associated with Trump's reciprocal tariffs set to take effect from April 2. The ongoing uncertainty surrounding tariffs has kept demand for safe-haven assets elevated. In Comex, gold has a strong support level near $3,000, while in MCX, Rs.87,000 remains a crucial support zone. On the higher side, resistance is seen at $3,055 in Comex and Rs.88,500 in MCX. This week, key economic data, including the Core PCE Price Index and US GDP data, will be closely monitored for further market direction."
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
Sell GBPINR Nov @ 117 SL 117.3 TGT 116.7-116.5 - Ked...
Surya Roshni shines on bagging order worth Rs 105.18...
Buy Silver Dec @ 154000 SL 153000 TGT 155500-156500....
Paras Defence jumps on signing MoU with IUAC
Quote on Pre-market comment 25th November 2025 by Am...
Premier Explosives rises on securing order worth Rs ...
Buy Gold Dec @ 123500 SL 122600 TGT 124600-125200. M...
Diamond Power Infrastructure moves up on bagging LoI...
Buy Copper Nov @ 998 SL 993 TGT 1004-1008. MCX - Ked...
.jpg)
Nifty rose early but late selling dragged it to clos...
