Powered by: Motilal Oswal
2026-10-26 10:48:32 am | Source: Kedia Advisory
Buy Gold DEC @ 141000 SL BELOW 140000 TGT 143000. MCX - Kedia Advisory
Buy Gold DEC @ 141000 SL BELOW 140000 TGT 143000. MCX - Kedia Advisory

GOLD

BUY GOLD DEC @ 141000 SL BELOW 140000 TGT 143000. MCX

Observations

Gold trading range for the day is 140370-143950.

Gold dropped as rising oil prices fuelled higher-for-longer Federal Reserve rate expectations.

Initial claims for unemployment benefits in the US fell by 6,000 to 194,000, below market expectations.

Gold buying picked up in India as lower prices during the major Dussehra festival boosted purchases and lifted premiums.

Investors also await cues from a slew of central bank meetings, including the Fed, ECB and BOJ next week for direction.

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here