2025-03-19 12:07:55 pm | Source: Kedia Advisory
Buy Gold Apr @ 88500 SL 88200 TGT 88900-89200. MCX - Kedia Advisory
Gold
BUY GOLD APR @ 88500 SL 88200 TGT 88900-89200. MCX
Observations
Gold trading range for the day is 88015-89205.
Gold rallied as investors sought cover from economic concerns fuelled by U.S. President Donald Trump's tariff policies.
ANZ raised its zero to 3-month gold price forecast to $3,100 per ounce and 6-month forecast to $3,200 per ounce.
China sees record gold ETF inflows in February, jewelry demand should stabilize as the economy improves – WGC
Investors now turn their attention to a series of central bank policy meetings later this week, particularly the U.S. Fed’s decision.
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Tag News
Gas Utilities : Another steep APM allocation cut for CGDs by Kotak Institutional Equities
Gold Posts 25% YTD Gains Amid Trade Tensions and Inflationary Concerns; Outlook Remains Firm by Motilal Oswal Financial Services Ltd
Evening Track : Comex gold drops after hitting all-time high on profit taking by Kotak Securities Ltd
Quote on the Gold and Silver price movements by Satish Dondapati, Fund Manager, Kotak Mahindra AMC
