2026-10-15 05:06:12 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 traded positively, with COMEX prices moving above $4,150 after recovering from lower levels near $4,100. Despite the weakness following the US CPI data, bullion rebounded as investors continued to view it as a hedge against inflation. MCX Gold gained around Rs 1,700, supported by a stable rupee near 95.00 and buying interest near the ?1,46,000 support zone. Going ahead, Kevin Warsh’s speech and the Fed’s month-end policy decision will be key events influencing the dollar, interest-rate expectations and bullion prices."
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