2025-02-14 05:59:57 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 prices continued their upward momentum, driven by a weaker dollar index and sustained support from US tariff policies. In MCX, gold rose by Rs.475 to Rs.86,280, while Comex gold gained $18 to trade at $2,935. The focus now shifts to upcoming US Retail Sales and Core Retail Sales data, which could influence the next move in gold. The trend remains positive, with Rs.85,750 acting as a support zone and Rs.87,000 emerging as the next resistance level."
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

Neha Dhupia poses amidst clouds as she shares a glim...

Prices of ginger, tomato, cauliflower saw steepest d...

About 80-85% of office leasing is expected in green-...

Nifty & Bank Nifty Weekly Outlook by Choice Broking Ltd

Prices of ginger, tomato, cauliflower saw steepest d...

BHEL records 19 pc growth in revenue at Rs 27,350 cr...

Market valuation of top-10 companies surges by over ...

India`s vehicle exports surge past all-time high of ...

India to achieve steel production capacity of 300 mi...

Bank Nifty in focus after robust Q4 results by leadi...