Buy Gold Feb @ 77200 SL 77000 TGT 77450-77650. MCX - Kedia Advisory
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Gold
Observations
Gold trading range for the day is 76825-78195.
Gold dropped as firmer dollar spurred some profit taking after new weekly jobless claims data
Trump's inauguration on Jan. 20 has heightened uncertainty, with the prospect of new tariffs and retaliatory trade measures expected to fuel inflation.
Gold discounts in India remained steady as elevated prices kept buyers away.
Chinese dealers charged higher premiums in anticipation of stronger demand ahead of the upcoming Chinese New Year.
BUY GOLD FEB @ 77200 SL 77000 TGT 77450-77650. MCX
Tag News
Quote on Gold by Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financi...
