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2024-10-31 09:44:27 am | Source: Kedia Advisory
Buy Gold Dec @ 79500 SL 79250 TGT 79800-80000. MCX - Kedia Advisory

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

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