Buy Gold OCT @ 58500 SL 58300 TGT 58800-59000. MCX

28/08/2023 11:45:13 AM | Source: Kedia Advisory

Buy Gold OCT @ 58500 SL 58300 TGT 58800-59000. MCX - Kedia Advisory

News By Tags | #473 #5839

Gold

Observations

Gold trading range for the day is 58285-59055.

Gold dropped as dollar index rose above 104.2, reaching its highest levels in eleven weeks

Fed prepared to raise rates further to combat inflation

Premiums on physical gold jumped, driven by supply constraints and strong demand for bullion as a safe-haven

Central bank buying slowed in Q2 but remained resolutely positive

BUY GOLD OCT @ 58500 SL 58300 TGT 58800-59000. MCX

To Read Complete Report & Disclaimer Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For 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

IGI Logo

Buy Gold OCT @ 58500 SL 58300 TGT 58800-59000. MCX - Kedia Advisory

Top News

Tag News

More News