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2026-10-08 09:51:45 am | Source: Kedia Advisory
BUY GOLD DEC @ 148500 SL 147500 TGT 149500-150500. MCX - Kedia Advisory
BUY GOLD DEC @ 148500 SL 147500 TGT 149500-150500. MCX - Kedia Advisory

Gold

BUY GOLD DEC @ 148500 SL 147500 TGT 149500-150500. MCX

Observations

Gold trading range for the day is 146965-151005.

Gold prices slipped as the dollar strengthened, while investors awaited minutes from Fed’s September meeting

Most Fed policymakers judged that another increase in the target range for the federal funds rate would likely be appropriate by year-end, Fed Minutes

Fed's Daly: need for hikes hinges on what happens with shocks

China's central bank stepped up its gold purchases in September, extending its buying streak to a 23rd consecutive month.

 

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