Quote on Gold Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd

2025-01-20 05:17:01 pm | Source: JM Financial Services Ltd

Quote on Gold Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd

News By Tags | #Gold #CommodityTips #ExpertViews #JMFinancialServices #PranavMer

Below the Quote on Gold Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd

"Gold prices are likely to trade positive, as global markets trade on a cautious note ahead of the beginning of U.S. President-elect Donald Trump’s second-term with focus on his inaugural speech/ policy announcements and its probable impact on the markets. Also the dollar is hovering around 109-levels, while safe-haven demand remains firm for the bullion.

On chart... trend remains positive with support at 78700, while on the upside prices may test 79380/ 79750."

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Quote on Gold Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd

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