08-11-2023 12:46 PM | Source: Kedia Advisory
Gold trading range for the day is 58490-59330 - Kedia Advisory
News By Tags | #473 #5839

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GOLD

Observations

Gold trading range for the day is 58490-59330

Gold stabilizes as subdued CPI backs Fed's 2023 rate hike pause.

Consumer prices in the US rose by 3.2% annually, below expectations of a 3.3% rise

SPDR Gold ETF holdings drop to 5-month lows

Perth Mint's July gold product sales slumped to their lowest level since October 2020

BUY GOLD OCT 2023 @ 58700 SL 58500 TGT 59000-59200. MCX

 

 

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