Quote on Gold 3rd November 2025 from Jateen Trivedi VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Gold 3rd November 2025 from Jateen Trivedi VP Research Analyst - Commodity and Currency, LKP Securities
"Gold prices began November on a positive note, gaining Rs.200 initially and extending up to Rs.800 at Rs.1,22,150 per 10 grams on the MCX, supported by a weaker rupee and Comex gold holding above $4,010. With the ongoing US government shutdown limiting key economic data releases, focus this week will remain on Manufacturing and Non-Manufacturing PMI readings. Meanwhile, developments in US–China and US–India trade talks are expected to keep gold prices highly volatile within a range of Rs.1,18,000–Rs.1,24,000."
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