Quote on Gold and Silver 09th March 2026 by Jateen Trivedi, VP Research Analyst

2026-03-09 04:58:13 pm | Source: LKP Securities Ltd

Quote on Gold and Silver 09th March 2026 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

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Below the Quote on Gold and Silver 09th March 2026 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

“Gold traded slightly weaker near $5,100, down about 1.50%, while MCX Gold slipped Rs 700 to Rs 1,60,900. Rising inflation concerns amid ongoing war-related risks are making the Federal Reserve cautious on rate cuts, which is limiting fresh upside momentum in bullion.

As a result, gold has been moving sideways over the past few sessions. For now, MCX Gold is expected to trade within a range of Rs 1,58,000–Rs 1,64,000, with geopolitical developments and interest rate expectations remaining key drivers."

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Quote on Gold and Silver 09th March 2026 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities

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