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31-12-2024 10:27 AM | Source: Kedia Advisory
Buy Gold Feb @ 76100 SL 75900 TGT 76400-76600. MCX - Kedia Advisory

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Gold

Observations

Gold trading range for the day is 75595-77105.

Gold slipped as markets awaited the potential impact of President-elect Donald Trump's return to office on Fed’s 2025 outlook.

China's net gold imports via Hong Kong in November more than doubled from October.

Gold exports from Switzerland rose in November due to a jump in supplies to India and some revival of deliveries to China

Traders are set to focus on next week's U.S. job openings data, ADP employment report, the Fed's December FOMC minutes.

BUY GOLD FEB @ 76100 SL 75900 TGT 76400-76600. MCX

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