2025-01-13 09:48:14 am | Source: Kedia Advisory
Buy Gold Feb @ 78200 SL 78000 TGT 78500-78700. MCX - Kedia Advisory
Gold
Observations
Gold trading range for the day is 77700-79160.
Gold gains due to safe-haven buying ahead of January 20, the day Donald Trump takes office.
WGC reported that physically-backed gold ETFs recorded their first inflows in four years, driven by demand in Asia.
Gold discounts in India rose as consumers refrained from buying as local prices hit a month's high.
Indian dealers offered a discount of up to $17 an ounce to official domestic prices, up from the last week's discount of $14 an ounce.
BUY GOLD FEB @ 78200 SL 78000 TGT 78500-78700. MCX
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
SEBI reviewing derivatives rules to protect retail i...
US Navy secretary visits HD Hyundai Heavy, Hanwha Oc...
Trump says he has `potential deals` with India, Sout...
Adani pauses talks with Israel's Tower for $10 billi...
Dollar takes a breather; yen slips after BOJ
Oil prices take breather after prospect of increased...
Gold retreats as trade tensions ease; US payrolls da...
PM Narendra Modi to inaugurate WAVES Summit tomorrow
Travel Food Services gets SEBI's nod for Rs 2,000 cr...
MOSt Market Roundup : Nifty Index opened positive an...
