2025-03-03 12:24:16 pm | Source: Kedia Advisory
Buy Gold Apr @ 84000 SL 83700 TGT 84400-84700. MCX - Kedia Advisory
Gold
BUY GOLD APR @ 84000 SL 83700 TGT 84400-84700. MCX
Observations
Gold trading range for the day is 83510-85270.
Gold fell amid a stronger dollar and as investors digested fresh US PCE data.
PCE prices rose 0.3% month-over-month in January, while the annual rate eased to 2.5% from 2.6% in December.
India's gold demand improved in the second half of but remained lower than normal.
China's total gold imports via Hong Kong in January fell 44.8% m/m, its lowest since April 2022
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