12-02-2024 10:23 AM | Source: Kedia Advisory
Buy Gold Apr @ 62200 SL 62000 TGT 62450-62550. MCX - Kedia Advisory

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Gold

Observations

Gold trading range for the day is 61960-62710.

Gold dropped as investors continued to reassess the monetary policy prospects.

US CPI increased 0.2% month-over-month in December, while the core CPI went up by expected 0.3%,

China's central bank buys 10 tonnes of gold, extending its buying spree to 15 straight months

Physical gold dealers in India charged premiums for the first time in four months

BUY GOLD APR @ 62200 SL 62000 TGT 62450-62550. MCX

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