Quote on Market Movement 11th September 2025 by Deveya Gaglani, Senior Research Analyst-Commodities, Axis Securities Ltd
Below the Quote on Market Movement 11th September 2025 by Deveya Gaglani, Senior Research Analyst-Commodities, Axis Securities Ltd
Comex Gold closed slightly higher in the previous session, gaining around 0.5% as cooling PPI inflation data increased the appeal of the safe-haven assets amid rising expectations of a rate cut. Traders are likely to witness increased volatility in the evening session as the release of U.S. CPI figures could trigger a strong directional move in prices. In the domestic market prices are back below 109,000 level on account of profit booking as investors pocketed handsome gains of close to 10% in just two weeks.
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