Views on Gold 26th June 2025 By Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd
Below the Views on Gold 26th June 2025 By Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd
"Gold prices are expected to see some consolidation amid lack of fresh cues from the market, with upside capped by weakness in the U.S. dollar. The ceasefire between Iran and Israel remains in place, with no escalation reported.
Focus going ahead will be on the trade negotiations between U.S. and its trading partners. The last date for the same comes close is at 8th July. On the data front, the focus will be on U.S. GDP and jobs data due later in the day, while the PCE data is scheduled on Friday, which Fed officials closely monitor to gauge the future policy path."
Above views are of the author and not of the website kindly read disclaimer
Tag News
Quote on Gold 26th June 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency...
More News
Views on Gold 11 June 2025 by Pranav Mer, Vice President, EBG - Commodity & Currency Researc...
