2025-07-08 10:10:25 am | Source: Kedia Advisory
SELL GOLD AUG @ 97600 SL 97900 TGT 97200-96900. MCX - Kedia Advisory
GOLD
SELL GOLD AUG @ 97600 SL 97900 TGT 97200-96900. MCX
Observations
Gold trading range for the day is 95990-97970.
Gold rises as US trade deal progress, tariff reprieve boost sentiment
Extended tariff reprieve gives countries three-week window before higher US tariff rates start August 1.
China’s gold reserves stood at 73.90 million fine troy ounces at the end of June, up from 73.83 million ounces at the end of May.
Central banks added a net 20t to global gold reserves in May, an uptick from the previous month.
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