Buy Gold Dec @ 124500 SL 123500 TGT 125500-126500. MCX - Kedia Advisory
GOLD
BUY GOLD DEC @ 124500 SL 123500 TGT 125500-126500. MCX
Observations
Gold trading range for the day is 124010-126130.
Gold gains as expectations for a US interest rate cut next month have increased further following dovish signals from Fed officials.
Fed’s Waller expressed support for a December rate cut, citing persistent weakness in the US labor market.
China's October net gold imports via Hong Kong fall about 64% from September
Investors are now awaiting weekly jobless claims, for further insights into the health of the US economy.
Tag News
Commodity Research - Daily Evening Track 09th January 2026 by Kotak Securities Ltd
