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2026-04-16 12:18:35 pm | Source: Kedia Advisory
Buy Gold JUN @ 152800 SL 151800 TGT 154200-155500. MCX - Kedia Advisory
Buy Gold JUN @ 152800 SL 151800 TGT 154200-155500. MCX  - Kedia Advisory

Gold

BUY GOLD JUN @ 152800 SL 151800 TGT 154200-155500. MCX

Observations

Gold trading range for the day is 152690-155690.

Gold dropped as investors weighed developments in US-Iran peace talks aimed at ending Middle East hostilities

Markets have tempered expectations for tighter monetary policy, with the Federal Reserve adopting a cautious stance as it assesses inflation risks.

India's gems and jewellery exports in the 2025/26 fiscal year dipped 3.3% from a year earlier to their lowest level in five years.China continued its gold-buying spree, with the People's Bank of China extending purchases for the 17th consecutive month.

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