Buy Gold Dec @ 79500 SL 79250 TGT 79800-80000. MCX - Kedia Advisory
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GOLD
Observations
Gold trading range for the day is 79130-80080.
Gold surged as uncertainty surrounding the U.S. presidential race spurred demand for safe-haven.
Fed policymakers are nearly certain to reduce short-term borrowing costs by a quarter-point next week
India's gold imports, rose by 21.78 percent to $27 billion during April-September this fiscal.
India's gold demand in 2024 is likely to fall to its lowest in four years as a rally in prices to a record high is seen denting purchases
BUY GOLD DEC @ 79500 SL 79250 TGT 79800-80000. MCX
