2025-02-05 05:23:55 pm | Source: LKP Securities Ltd
Quote on Gold by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Below the Quote on Gold by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
"Rupee weakened below 87.40 down by 0.35rs as China’s counter-tariffs on the U.S. fueled fears of an extended tariff war, adding pressure to emerging market currencies. Despite the dollar index easing below 108$ in recent days, rupee weakness persisted due to trade uncertainty and continued FII outflows.
Going forward, rupee is expected to weaken towards 87.75, with any pullback facing resistance near 87.15. Market participants will closely watch further tariff escalations and their impact on global risk sentiment."
Above views are of the author and not of the website kindly read disclaimer
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or
investment advice. Investments in financial markets are subject to market risks, and past performance is
not indicative of future results. Readers are strongly advised to consult a licensed financial expert or
advisor for tailored advice before making any investment decisions. The data and information presented
in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the
content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Evening Roundup : A Daily Report on Bullion Energy &...
Company Update : Rushil Decor Ltd by Prabhudas Lilla...
India, EU to hold 14th round of free trade agreement...
Adani Enterprises to build Sonprayag-Kedarnath ropew...
Nifty future closed negative with losses of 0.14% at...
AI growing fast, regulation must keep pace: FM Nirma...
Investment of Rs 4,000 crore from Japanese companies...
Quote on Market Wrap 15th September 2025 by Shrikant...
India?s trade deficit narrows to $26.49 bn in August...
FIIs stood as net buyers in equities as per Septembe...
More News
Reaction on New Oil & Gas Pipeline Tariff and Data-Sharing Reforms by Dr. Kapil Garg, Managi...
Quote on Gold 14th Aug 2025 by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
Quote on Gold and Crude 31th July 2025 by Kaynat Chainwala, AVP - Commodity Research, Kotak Securities
Palm Oil Prices Under Pressure as Demand Slows, Alternatives Rise by Amit Gupta, Kedia Advisory