04-11-2024 04:42 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 experienced volatility as Comex gold found support near $2,730 but struggled to break above $2,750. With the U.S. election results due in the next two days, market participants are expected to have mixed sentiments, likely resulting in a range-bound session between Rs.78,000 and Rs.79,000 in MCX. Once the election outcome is announced, gold could see a decisive move of around Rs.1,000-Rs.1,500 in the coming days. Key support levels lie between Rs.78,000-Rs.77,800, while resistance is positioned at Rs.79,000-Rs.79,175."
Above views are of the author and not of the website kindly read disclaimer
Latest News
SAIL inks pact with Administrative Staff College of ...
NSE clocks 57 pc surge in net profit at Rs 3,137 cro...
Sell Johnson Controls-Hitachi Air Conditioning Ltd ...
Kartik Aaryan mobbed by fans at Mumbai?s Gaiety Gala...
Sarbananda Sonowal inaugurates key infra projects to...
B?town divas Kriti Sanon, Dhanashree Verma spotted a...
Kartik Aryan spotted in Mumbai
Rollover Analysis Report - November-2024 by Religare...
Neutral TVS Motor Company Ltd For Target Rs.2,610 By...
Buy SBI Life Insurance Ltd For Target Rs.2,100 By Mo...