Quote on Gold 21th October 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Gold 21th October 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Gold traded positive with gains of Rs.?700, closing around Rs.1,27,750, supported by firm COMEX levels near $4,225. Festive demand in India continues to lend strength to prices, though post-festive profit booking may emerge as traders lock in gains. The focus this week will remain on the US CPI and Core CPI data, which could guide market expectations on the Fed’s next rate action. The prolonged US government shutdown has also kept a premium built into gold prices, sustaining its safe-haven appeal. The trading range is expected between Rs.1,25,000 and Rs.1,30,000."
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