21-11-2024 10:11 AM | Source: Kedia Advisory
Buy Gold Dec @ 75850 SL 75650 TGT 76200-76500. MCX - Kedia Advisory
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Gold
Observations
Gold trading range for the day is 75115-76635.
Gold gains as markets reassessed tensions between Russia and Ukraine.
Most investors still anticipate a 25bps Fed rate cut in December, the probability has dipped to 58% from 62%.
The U.S. central bank is widely expected to deliver a third rate cut in December
Gold production in South Africa dropped by 3.7% year-on-year in September 2024
BUY GOLD DEC @ 75850 SL 75650 TGT 76200-76500. MCX
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