2025-06-11 05:05:24 pm | Source: JM Financial Services Ltd
Views on Gold 11 June 2025 by Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd
Below the Views on Gold 11 June 2025 by Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd
"Gold prices are stuck in a range so far in the week, as markets look for clarity on the U.S.-China trade talks with additional focus on the U.S. inflation data later in the day and U.S. Fed meeting next week. However, downside in the bullion looks limited amid geo-political and tariff related uncertainty - keep safe-haven demand firm.
On chart... prices hold strong weekly support at 96100/ 95000, while on the upside resistance is seen at 99350."
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