Quote on Gold 24th September 2026 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Gold 24th September 2026 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Gold traded weak by around Rs1,000 at Rs1,50,350, as rising bond yields and the Dollar Index moving above 101 increased pressure on bullion. The market is increasingly pricing in the possibility of another rate hike in October, with higher rates and yields raising the opportunity cost of holding gold. Going ahead, the rate outlook, dollar movement and bond yields will remain key triggers. Gold range can be seen between Rs1,48,000–Rs1,52,500."
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