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02-01-2025 09:51 AM | Source: Kedia Advisory
Buy Gold Feb @ 76700 SL 76400 TGT 77000-77200. MCX - Kedia Advisory

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Gold

Observations

Gold trading range for the day is 76560-77100.

Gold gains on bets President-elect Donald Trump's policies will likely push up inflation.

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 @ 76700 SL 76400 TGT 77000-77200. MCX

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