2025-02-06 09:47:57 am | Source: Kedia Advisory
Buy Gold Apr @ 84400 SL 84200 TGT 84700-84900. MCX - Kedia Advisory
Gold
BUY GOLD APR @ 84400 SL 84200 TGT 84700-84900. MCX
Observations
Gold trading range for the day is 83620-85370.
Gold jumped driven by safe-haven demand amid the escalating U.S.-China trade war.
U.S. President Donald Trump has said he is in no rush to speak with President Xi Jinping to de-escalate tensions.
Central banks buy more than 1,000 tonnes of gold in 2024 for the third year in a row - World Gold Council
India's gold consumption in 2025 is set to moderate from last year's nine-year peak - WGC
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