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20-12-2024 12:05 PM | Source: Kedia Advisory
Buy Gold Feb @ 75400 SL 75200 TGT 75700-75900. MCX - Kedia Advisory

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Gold

Observations

Gold trading range for the day is 74865-76845.

Gold fell after Fed signals slower easing pace in 2025

Fed’s Powell said that Fed policymakers want to see more progress on bringing inflation down as they consider the path of future rate cuts.

Traders now will be watching out for key U.S. GDP and inflation data due later this week that could further shape expectations around monetary policy.

India's gold imports are poised for a sharp slowdown in December following record purchases in November

BUY GOLD FEB @ 75400 SL 75200 TGT 75700-75900. MCX

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