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23-10-2024 09:43 AM | Source: Kedia Advisory
Buy Gold Dec @ 78500 SL 78300 TGT 78800-79000. MCX - Kedia Advisory

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GOLD

Observations

Gold trading range for the day is 78010-79010.

Gold climbed bolstered by increased demand for safe-havenassets.

Investors are closely watching developments in the Middle Eastas tensions flared

The uncertainty surrounding the upcoming US presidentialelections is also further increasing the appeal of safe-havenassets.

The PBoC lowered its key rates as part of stimulus measures, andthe ECB cut rates last week for the third time this year

BUY GOLD DEC @ 78500 SL 78300 TGT 78800-79000. MCX

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