2025-11-11 05:13:37 pm | Source: LKP Securities Ltd
Quote on Gold from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Gold from Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Gold rallied Rs 850 to trade at Rs 1,24,800, up 0.70%, supported by dollar index weakness and optimism around the possible reopening of the U.S. government. The reopening is expected to revive the flow of key economic data, which could strengthen the Federal Reserve’s case for maintaining lower rates in the December meeting—fueling positive sentiment in bullion. With CPI data due in both the U.S. and India this week, volatility is expected to remain elevated. Gold is likely to trade within a broad range of Rs 1,22,500–Rs 1,26,000."
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