2025-01-30 10:52:19 am | Source: Kedia Advisory
Buy Gold Apr @ 80750 SL 80550 TGT 81000-81200. MCX- Kedia Advisory
GOLD
BUY GOLD APR @ 80750 SL 80550 TGT 81000-81200. MCX
Observations
Gold trading range for the day is 80565-81255
Gold settled flat as market participants were cautious ahead of the U.S. Fed interest rate decision.
The Fed kept the funds rate steady at the 4.25%-4.5% range as expected, pausing its rate-cutting cycle
Trump has called for lower interest rates, conflicting with the Fed's design of setting interest rate policy independently.
China's net gold imports via Hong Kong in December fell 84% from November.
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