2026-10-07 04:40:51 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 volatile and witnessed weakness of around Rs800, trading near Rs1,49,300, as COMEX Gold remained under pressure amid a stronger Dollar Index and higher US bond yields. Elevated yields are weighing on bullion investment demand, with institutional investors likely to prefer yield-bearing bonds for liquidity allocation over non-yielding assets. Going ahead, continued dollar strength and higher yields could keep pressure on prices, with the range seen between Rs 1,48,000–Rs 1,50,000."
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