15-02-2024 10:37 AM | Source: Kedia Advisory
Buy Gold Apr @ 61300 SL 61100 TGT 61550-61700. MCX - Kedia Advisory

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Gold

Observations

Gold trading range for the day is 60770-62770.

Gold fell in the wake of a warmer U.S. inflation report

Fed policymakers waiting for more evidence of easing price pressures before they cut interest rates

The consumer price index was up 3.1% in January from a year earlier, down from its 3.4% pace in December

Underlying core inflation, rose 3.9% from a year earlier for a second straight month.

BUY GOLD APR @ 61300 SL 61100 TGT 61550-61700. MCX

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