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2025-12-11 11:49:57 am | Source: Kedia Advisory
BUY GOLD FEB @ 129200 SL 128200 TGT 130200-131000. MCX - Kedia Advisory
BUY GOLD FEB @ 129200 SL 128200 TGT 130200-131000. MCX - Kedia Advisory

GOLD

BUY GOLD FEB @ 129200 SL 128200 TGT 130200-131000. MCX

Observations

Gold trading range for the day is 128990-130900.

Gold remained in range as markets anticipated a Federal Reserve interest-rate cut.

The Federal Reserve lowered the funds rate by 25bps to 3.5%–3.75%, marking the lowest level since 2022

Indonesia to impose gold export duties starting December 23

China’s central bank raised its gold holdings for the 13th straight month, bringing total reserves to 74.12 million troy ounces.

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