Buy Gold Dec @ 125000 SL 124300 TGT 125800-126500. MCX - Kedia Advisory
GOLD
BUY GOLD DEC @ 125000 SL 124300 TGT 125800-126500. MCX
Observations
Gold trading range for the day is 124800-126740.
Gold rose as delayed economic data bolstered expectations of a December Fed rate cut.
Recent figures suggest a slowing of consumer momentum, with retail sales rising just 0.2% in September after a stronger gain in August.
US producer price data showed that inflation pressures remained broadly in line with expectations.
Markets are now pricing in more than an 84% chance of a 25 bps cut, up from 50% a week earlier.
Tag News
Commodity Weekly Insights 13th January 2026 : Aluminium Report by Geojit Investments Ltd
