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10-10-2023 10:21 AM | Source: Kedia Advisory
Buy Gold DEC @ 57400 SL 57200 TGT 57700-57900. MCX - Kedia Advisory
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Gold
Observations
Gold trading range for the day is 56790-58000.
Gold rallies on safe-haven demand amid Middle East crisis
Prices also gained even as a stronger-than-expected US jobs report fanned rate concerns.
Physical gold demand improved in some Asian hubs as a dip in prices attracted buyers, with premiums in India hitting a 17-month high
China held 70.46 million fine troy ounces of gold at the end of September, up from 69.62 million ounces at the end of August.
BUY GOLD DEC @ 57400 SL 57200 TGT 57700-57900. MCX
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